Incorporation/Set up/Registration of Business

We assist foreign companies seeking to establish business operations or investment projects in Myanmar to incorporate the following:-

• Branch of a Foreign Company
• Representative of a Foreign Company
• Joint Venture
• Limited Liability Company

Accounting Services

While you focus on growing your business and profitability, your books of accounts need to be kept in order.  We provide you with the peace of mind and assurance of statutory compliance. We prepare the accounts in accordance with Myanmar Financial Reporting  Standards.

Backed by a team of accounting professionals, we can take care of the following for you:

• Bookkeeping & Statutory Compliance
• Consolidation of Group Accounts
• Financial Management Solutions

Bookkeeping and Statutory Compliance

• Chart of accounts set up
• Accounting entries, compilation of general ledger report, trial balance, profit and loss statement, balance sheet and balance sheet schedules for management reporting and financial analysis
• Bank reconciliation
• Preparation of year-end draft financial statements including statement of comprehensive income, statement of financial position, cash flows statement, statement of changes in Equity and notes to the accounts which are in accordance with Myanmar Financial Reporting Standards
• Assistance in statutory reporting process including liaison with auditors
• Head office reporting
• Completion of forms required for submission to government agencies.

Consolidation of Group Accounts

• Preparation of group consolidated accounts with multiple subsidiaries.

Financial Management Solutions

• Short-term staff secondment to resolve temporary resource shortages or assist to catch up on backlog accounts
• Accounting issues solution

Payroll Services

We provide an efficient and customised payroll services. With a team of professionals that are well trained and equipped with advanced payroll software systems, we are able to process complex payroll account efficiently while ensuring the security and confidentiality of information. Our service ensures that tax filing requirements are adhered to and government remittances such as Social Security Contributions (SSC) are paid punctually.

Our payroll services include:

• Maintain payroll file for each employee
• Computation of gross to net salary
• Process increments and bonuses
• Managing and administering employees’ leave
• Provide payroll reports for management’s review monthly and annually

Audit Services

Meeting investor expectations begins with the completeness and accuracy of information contained in a company’s financial statements.

The purpose of an audit is to enhance the degree of confidence of intended users in the financial statements. This is achieved by the expression of an opinion by the auditor on whether the financial statements are prepared, in all material respects, in accordance with the Myanmar Financial Reporting Standards.
As the basis for the auditor’s opinion, the auditor is required to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error. Reasonable assurance is a high level of assurance. It is obtained when the auditor has obtained sufficient appropriate audit evidence to reduce audit risk (that is, the risk that the auditor expresses an inappropriate opinion when the financial statements are materially misstated) to an acceptably low level.

Our deep understanding of regulations and legislation means we can help your company to ensure its financial statements are prepared in accordance with Myanmar Financial Reporting Standards.

Our audit approach is tailored to suit the size and nature of your company. Our audit clients include small and medium sized companies engaged in a diverse range of business concerns.

Tax Advisory & Compliance Services

We offer a broad range of taxation services to our clients to meet their tax compliance obligations and maintain effective relationship with the tax authorities to resolve any tax issues. We also help clients identify tax planning opportunities and providing specialised tax services to minimise our clients’ tax liabilities within the existing tax regulations and framework.

Our Taxation Services include :

• Corporate Tax
• Commercial Tax
• Personal Tax
• Tax Planning
• Preparation of tax computation and schedules
• Submission of Form 17A and Form 31
• Attending and replying to tax queries raised by IRD
• Providing timely reminder of deadlines

Application for Permit to Trade

Anti-corruption and corporate re-structuring

Mergers and acquisitions

Trade mark registration

Liquidation/Winding-up of a company or closing downs its operations