Baker Tilly Republic of Seychelles

SERVICES

Financial statement audits give assurance over information used by investors and the capital markets.When it comes to delivering an audit, quality is Baker Tilly’s top priority. Our audit professionals’ foremost responsibility is to serve investors, the capital markets, audit committees and management with reasonable assurance. Baker Tilly is committed to continuously identifying and implementing innovative approaches and tools to help deliver and enhance a quality audit. Baker Tilly is making a significant investment in innovations that enhance audit quality, bring greater relevance to audit findings and ultimately enrich the client experience.

At Baker Tilly we believe in gaining a thorough understand of their clients' businesses and by providing a risk-focused service integrating rigorous risk assessment with diagnostic processes and audit testing procedures tailored to the specific audit, our professional team maintain excellent relationships with their clients.

By keeping you up-to-date with relevant financial reporting and related legislative and technical changes throughout the annual cycle, as well as providing appropriate insights into maximizing the potential of your business, we believe that our firm's processes can actually serve to enhance the operation of your business.As well as financial audit services, Baker Tillyin Seychelles provides a range of additional assurance services including information systems and controls assurance and forensic audit and investigation.

IFRS Reporting

As the world moves towards global accounting standards, many companies must deal with the issues raised by the need to convert their financial reporting systems to comply with International Financial Reporting Standards (IFRS). The complexities of converting to IFRS pose a considerable drain on time and resources for any financial department, requiring potentially hundreds of hours of work to deal effectively with all matters arising.

Using specialist teams, our firm can provide training and assistance, managing the complete conversion process for their non-audit clients, ensuring that they have the resource they need, for the period that they need it.

Whether it is describing the differences in reconciliations of published accounts or providing a clear audit trail for boards and auditors, our members' conversion tools and proven methodology can ensure a smooth and painless transition to IFRS.

Baker Tilly in Seychelles through its taxation wing RM Registrars offers specialists in all of the spheres of tax which an organization is likely to encounter in its quest for commercial success. At Baker Tilly, we keep pace with regulatory changes, uncover hidden value from transactions, provide local guidance to clients to avoid heavy penalties and strive to improve the efficiency of daily tax activities.

Our tax professionals are passionate, collaborative, and committed to your business success, we work with you to learn all we can about your organization, understand your goals at the deepest level, and uncover unexpected opportunities.

Business Tax

Managing anorganization’sbusiness tax charge efficiently requires an experienced team of corporate tax specialists in place.

Whether your business is publicly or privately owned, and whether it is owned domestically or from abroad, Baker Tilly corporate tax specialists bring to each assignment a professional thoroughness and a wealth of knowledge of local corporate tax law and business conditions.

Experts working together in teams formed to meet our clients' needs, our services include:

  • Advising on tax compliance requirements and preparing the necessary returns and declarations.
  • Negotiating with tax authorities to secure rulings and resolve disputes
  • Advising on available tax incentives, for example for research and development expenditure, and preparing the claims
  • Advising on the structuring of transactions
  • Carrying out due diligence into the tax affairs of acquisition targets
  • Advising on public flotation.
Personal tax

Personal tax law can be complex even within the context of a single location. For those individuals who are subject to the tax laws of more than one location, for example because they have dual residence or they own assets in different jurisdictions, the difficulties can become overwhelming.

Managing effectively the tax affairs of a person who has tax filing obligations in two or more locations calls not only for a detailed knowledge of the tax regulations in each of the locations but also an understanding of how each location's tax laws interrelate with each other. The constant danger is one of double taxation.

Baker Tilly International tax specialists can help you to protect your wealth, plan for your future and resolve the complexities raised by taxes in different locations. Providing solutions tailored to your situation, here are some of the areas in which we can help:

  • Preparing tax returns
  • Assisting with international taxes
  • Wealth preservation, including where appropriate the formation of trusts or private foundations
  • Retirement and business succession planning
  • Cross border estate planning
Value Added Tax (VAT)

We understand that Implementation, calculating and ensuing compliance with VAT regulations can be a hassle for organizations. Our professional team can help in various ways:

  • Computation of VAT on a monthly or quarterly basis
  • Assist in preparing VAT returns in compliance with the applicable regulations from time to time.

Improving business performance, turning risk and compliance into opportunities, developing strategies and enhancing value are at the core of what we do for leading organizations.

Corporate Finance Services

Whether you are looking for a Merger & Acquisition, forming a strategic alliance, raise or invest capital, or release funds through a sale or restructuring, our Baker Tilly corporate finance specialists can help you minimize the associated risks and maximize the returns.

Due Diligence

Due Diligence can be extremely useful before an acquisition or making a decisive deal with another company. In business transactions, the due diligence process varies for different types of companies. Baker Tilly’s well-trained team of specialist’s offers financial, commercial, accounting and tax due diligence services. Using our skills and templates we report to you on:

  • An analysis of historical performance, assets and liabilities and cash flows
  • Financial systems and controls along with an in-depth analysis of forecasts
  • An analysis of tax policy, adherence to tax laws, or the general taxation position of the business
  • Risks and issues that can influence the success of the deal
Financial Advisory

Baker Tilly’s professionals are focused on providing specialist financial advisory services to our clients. We apply the best practices that provide our clients with easy-to-use, flexible and robust tools to support and enhance their business decisions, transactions and strategies.

Feasibility Study

A feasibility study will provide you with the discipline and insight to reassure yourself that your idea is worthwhile pursuing at the same time evaluating the project's potential for success. This can be essential if you have a business idea and want to know if it is feasible.

Baker Tilly specializes in business plan development and can handle all aspects assisting you in developing a professional business plan which is essential for new companies and new initiatives.

We can help you in:

  • Preparing pre-feasibility reports on a concept basis
  • Preparing financial feasibilities & assessment of the venture
  • Preparing detailed business plans
  • Special Assignments
OtherStatutory Services

Baker Tillyin the Seychelle has an independent wing of professional staff providing a spectrum of outsourced services to help you run your company, manage the business and its finances.

Outsourcing allows you to devote more time to the strategic and operating issues faced by your business whilst giving you access to the skills of experienced professionals and up to date accounting technology and systems.We also provide services and assistance on establishing a business and best practices of managing new ventures.

Services provided include:

  • Accounting & bookkeeping
  • Payroll
  • Company formation and management
  • Preparation of Annual Returns and other Company Secretarial advisory