Accounting and Bookkeeping Services

 

CORPORATE SERVICES

FocusCore continues to work with you after your company registration, providing a full range of services and solutions for your accounting and bookkeeping requirements and if required, senior CFO skills to guide your business in Myanmar.

FocusCore provides tailored solutions according to your resources and your business goals, these include;

  • Payroll Management (detailed below).
  • Taxation Planning (detailed below).
  • Data entry of your bookkeeping records into accounting software.
  • Reconciliation of bank statements.
  • Reconciliation of Accounts Receivables and Accounts Payables.
  • Preparation of accounting reports & financial statements.
  • Consolidation accounting and preparation of group financial statements.

Over the last few years we have seen an increasing number of announcements and incentives with changes to laws and taxation to encourage investment in Myanmar. It is predicted this rate of change will increase further to benefit investors.

We can provide the knowledge to help maximise your return on investment. We can supply comparative data to show how tax and company rules have changed and the local patterns and preferences that are being adopted for corporate structures.

We also have access to a network of specialists for auditing and company accounting.

Global standards and local knowledge – it is vital you have local knowledge to leverage effectively your business plans.

The incentives and benefits for investors in Myanmar are also growing in complexity and we can advise you on the best corporate structure and likely timescale. This is our business: and daily involvement with tax and corporate departments means we have the latest details so you benefit.

Payroll Management

  • Managing and processing staff salaries with statutory deductions
  • Managing staff Expense repayments
  • Advising as instructed and calculating benefits for staff
  • Completing payments to staff and authorities
  • Providing personal tax returns for submission to Myanmar Tax Authorities

Taxation Planning

With experience in Myanmar and across the Asia Pacific Region, FocusCore can provide multiple services related to taxation planning including;

  • Researching options for your tax strategy to minimise tax exposure.
  • Assisting you to find and implement the most tax effective staff pay strategies.
  • Guiding you on the most effective strategies for investments and exit planning.
  • Advising on and filing of corporate taxes.
  • Advising on and filing of personal taxes.