Fix your pending compliances
Pressing business needs often results in founders/business sponsors neglecting local compliance for the initial few years of operations. In today’s integrated business environment, this is often not sustainable due to regulatory intervention, compliance requirements set by investors, lenders, banks etc. We are able to step in and perform in-depth compliance due diligence, prepare strategy for catch up compliance and assist client in preparation, filing and resolution of all pending activities. Our team is able to turnaround such catch up compliance assignments quickly and effectively enabling businesses to move onto the next level. Our catchup compliance service covers all aspects including:
Accounting & Reporting
We assist clients to account for all transactions in the non-compliant period, in an accounting software of their choice. Subsequently, we prepare periodic and annual financial statements for management, regulatory and statutory reporting purposes. We further assist in audits of these financial statements.
HR & Payroll
We review payroll transaction for the non-compliant period and re-calculate taxes payable/deductible for all employees. We assist in preparation of all regulatory filings related to HR & Payroll and arrange the submission of the same to achieve compliance.
Secretarial Compliance
We review all corporate documents and actions intended during the non-compliant period and prepare documentation to formalize the same. We arrange for any missed regulatory filings such as annual returns, issue of shares, change of Directors etc.
Tax & VAT Compliance
We run a review of each transaction during the non-compliant period to assess potential tax liabilities, interest, and penalties and:
- Arrange for submission of delayed tax and VAT payments.
- Prepare and submit all reporting to tax and VAT authorities for the non-compliant period.
- Coordinate with tax authorities on the missed filings and formulate catch up strategy.
- Submit annual corporate income tax returns and obtain tax clearance and assessments.
Trusted by Many!
"ACE Advisory as a company and its founders are proficient in their work and overall approach. We have had a good relationship with them so far for our consultancy work, accounting services, tax filings, compliances. The most important aspect of the company being they go beyond the written word in the scope by supporting their clients/partners in their emergencies too."
"ACE Advisory was instrumental in establishing our back-office operations in Bangladesh and they continue to provide quality and efficient outsourced finance, accounting, payroll and tax services to us. Their insights helped us rollout a SAP localization in under 3 months and they assume a high level of responsibility for client work, compliance, and filings."
"Critical issues surrounding our entity setup in Bangladesh was resolved smoothly and quickly by ACE Advisory. We have since engaged them for complete back office outsourced services and find their service and support to be professional and of the highest quality at all times. Management does not hesitate to provide services beyond the written scope of work."
"The advice and support provided by ACE has significantly contributed to establishing our business in Bangladesh. We experienced them as proactive and professional business and tax advisors helping us to structure our operations in an efficient manner."
"ACE Advisory’s PEO (PEO is the technical term we use for outsourced employee services where we hire on your behalf) and HR services enabled the rollout of our Bangladesh operations in under a month. Since then and over the last 4 years, ACE Advisory has proven a trusted local partner providing the unparalleled fiduciary services."
"ACE advisory has helped us considerably with the local accounting and financial compliance in Bangladesh. We are pleased with their support on different challenges we faced and with their quality of work."
"ACE Advisory is a reliable consulting firm, and we highly recommend it. ACE Advisory provides professional service at a reasonable fee, and I do appreciate their quick and flexible response to my detailed questions, it enables me to satisfy the requirements of our head office in Japan."
"ACE Advisory is our go to firm for tax advisory work for mutual clients. The partners are highly attuned to the needs of MNCs and foreign investors and are very good at providing quick and reliable advice."
"ACE advisory's quality of service has been remarkable. We sincerely appreciate the level of detail and accountability ACE demonstrated in our engagement"
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© 2024 ACE Advisory. All Rights Reserved.
© 2024 ACE Advisory. All Rights Reserved.