Payroll Services |
• Payroll calculation of withholding income tax, social fund contributions, deductions and
allowances, and other benefits
• Creation of monthly carbon pay slips
• Payroll report to submit to the bank |
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Cash Management
(Escrow Account)
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• Settle and receive payments from client’s suppliers or customers
• The payment is released upon your approval
• Cash report is presented
• Easier, faster and safe |
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Filing and
Compliance
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Issuance of Accounting and financial documents related to the company:
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• Invoice/tax invoice
• Withholding tax certificate
• Payment voucher
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Annual Auditing & Reporting Services
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Annual Corporate Tax return (Annual Audit, PND 50)
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This return must be filed within 150 days from the closing of accounting period (balance sheet date). Preparation and filing of Summary Financial Report form (SBC 3), Summary of annual salary (PND 1 Kor), workmen’s compensation, and Corporate income tax returns (PND 50) to Revenue Department, Social Fund Office, and Department of Business Development.
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Personal Income Tax return (PND 90, 91, 94) |
Taxpayer is liable to file Personal Income Tax return and make a payment to the Revenue Department within the last day of March following the taxable year. Any withholding tax which has been paid to the Revenue Department can be used as a credit against the tax liability at the end of the year. |
Half Year Corporate Earnings Assessment (PND 51) |
The half year report must be filed within sixty days from the end of half year period. The taxable income is computed on one-half of the estimate profit for the full year. However, this return is not required for the first accounting period of the company providing. |
Annual Withholding Tax Returns for Wages to Employees (PND 1 Kor) |
This form sets out the summary details of employment, namely wage payments and tax withholding of the whole year and it must be reported to Revenue Department within February of the following year.
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Start Ups
Enterprises
