GLOBAL ACCOUNTING & TAX SERVICES

Keep your accounting and tax management compliant in the face of ever-changing regulations

Compliance has always been one of the most prominent challenges when running a successful international business. By choosing to work with a global accounting service firm like BoardRoom, you and your team can rest assured that you have the foundation necessary for your business to expand beyond your borders.

Accounting and tax advisory for international businesses

At BoardRoom, we help companies to navigate the accounting and tax implications of large, complex operations. Our global team of consultants has in-depth knowledge of accounting and tax regulations, and the practical experience to provide comprehensive advisory services and tailored solutions to complex challenges. Whether expanding into new markets or transforming operations and structures, we can support your business every step of the way.

International Accounting & Tax 1
Compliance

Reduce compliance risk and increase global tax benefits

With our top-quality services and a team of chartered accountants and tax specialists at your side, you greatly reduce the risk of running into unwelcome tax penalties, the administrative burden on your team to comply with tricky international tax and accounting regulations, and much more. We also help businesses find tax benefits and incentives to ease financial burdens throughout the year.

How outsourcing to BoardRoom can help?

Our team of experienced accounting & tax professionals can help you to:

01

Simplify cross border operations

Having efficient accounting and bookkeeping operations is essential for any international business. Our team of experts and technology is delivered through a worldwide network of local offices, ensuring that you can build consistent, standardised global accounting processes while still complying with local regulations. We offer a single contact point for our clients and our engagement team communicates in English, so clients do not need to worry about language barriers when working with us in countries like Japan, South Korea, Vietnam and China.

02

Global accounting standards expertise

As an international business with operations across multiple locations, your need for concise, accurate and timely financial reporting has never been greater. Our team of specialists are well-versed in IFRS and GAAP global accounting standards. Making use of a cutting-edge cloud accounting software, we provide professional financial reporting services that can help you to simplify and streamline your accounts consolidation, saving you time, effort and money.

03

Dedicated in-country experts

Our dedicated in-country teams are skilled in helping you reduce risks while maximising benefits and complying with local regulations. Our responsive and scalable financial reporting services mean you'll have less to worry about when it comes to complex tax and accounting matters, freeing up your team to focus on what needs their attention most.

Our international accounting & tax services

Whether your business already has international offices or is planning global expansion, BoardRoom can help you get all complex tax and accounting matters sorted.

01 International bookkeeping and global reporting

Chart of accounts setup
Maintenance of accounting books and records
International accounting standards reporting and advisory including IFRS, US-GAAP and local GAAP variants
Real-time management reporting and financial analysis services
Cost centred budgeting and forecasts
Consolidation accounting
Compilation of group reporting package information
Audit support and liaison

02 Cross border transactional processing and management

Accounts receivable management and invoice issuance
Accounts payable and vendor query management
Disbursement and treasury management

03 Global tax management, tax reporting and financial advisory services

  • Global tax reporting
  • Global VAT and GST compliance
  • Tax provision and deferred tax calculations
  • Corporate income tax and withholding taxes
  • Direct and indirect tax solutions
  • Global mobility services
  • Transfer pricing services

04 Other outsourcing services

  • Accounting processes and controls documentation
  • Consolidation and accounting template development
  • Reconstruction of accounts, including clearing accounting record backlogs
  • Clearance of suspense account items
  • Corporate tax compliance solution

Why Choose BoardRoom?

Because we help take your business further, faster, at all stages

Compliance across multiple jurisdictions
With years of cumulative experience working with businesses of all sizes around the world, we strategise personalised solutions designed to deliver. Navigating cross-border tax and accounting regulations is a time-consuming and convoluted task, but it’s what we do best. Through our international accounting services, we’ll help you stay compliant so you can focus on spearheading international expansion and success.
Increased efficiency
Outsourcing global tax and accounting services is a proven and highly efficient approach. Instead of hiring costly experts internally, by working with BoardRoom you immediately have a team of specialists at the ready to save you time, money, and effort.
Industry-leading technology
In a digital world, technology plays a big role in our solutions. We employ optical character recognition, automation tools and cloud accounting software & technologies to automate accounting and finance processes. This helps your business scale internationally, enhances data security and accuracy, saves time, and provides easy access to information when necessary.
A collaborative firm
BoardRoom has over 50 years of experience working in the Asia Pacific region with offices in China, Hong Kong, Malaysia, Singapore, and Australia. Our collaboration with Andersen Global allows us to offer an expanded reach of accounting and tax services across North and Latin America, Europe, Africa, and the Middle East.

Get in touch with our international accounting & tax expert today!

Chester Leong

YOUR POINT OF CONTACT

Chester Leong

Managing Director Asia, Tax and Accounting

Frequently Asked Questions (FAQs)

1. What is the benefit of outsourced international tax and accounting services?

Staying compliant is a task that countless businesses, small and large, get help with from professional tax and accounting firms like BoardRoom. On an international playing field, both the complexity and importance of compliance are only multiplied.

Our global accounting and tax services can help you gain a better understanding of your company’s finances, navigate tricky tax matters, and identify areas for further growth and cost-saving. All of this is done while freeing up time for your own internal team to focus on growth directly.

2. Why is it important to maintain compliance?

Businesses, especially those operating on an international level, run the risk of unintentionally filing tax or accounting reports incorrectly. To stay compliant is of utmost importance if you want to avoid hefty fines or worse for your business – potentially across several different jurisdictions.

3. What compliance challenges do international businesses face?

When expanding your business globally, there’s a long list of hurdles you will have to jump over to maintain compliance. Businesses operating with or without a representative office will have varying tax obligations, while some countries utilise a value-added tax (VAT) system that will need to be navigated as well. Beyond this, managing a global team when it comes to matters like payroll can become troublesome without the proper infrastructure.

International accounting and tax services can help with all of this. Please contact us for more information.

4. What makes BoardRoom an ideal partner for international accounting and tax services?

There are several reasons why we are the right firm to work with if you are looking to expand your business internationally. Our strong presence in the APAC region, combined with our collaboration with Andersen Global, gives us a unique position to offer assistance to all our clients over the globe. Our diverse suite of services covers all tax and accounting matters, payroll, corporate secretarial, and more.

Our years of experience in the field and industry-leading cloud accounting and finance technologies give us the tools we need to create personalised solutions designed to help your business succeed.

5. What are transfer pricing services?

Transfer pricing services are an integral part of our global tax services offer. These services are designed to help companies navigate the complex and ever-changing rules and regulations associated with cross-border transactions between related parties.

Transfer pricing refers to the process of determining the fair market value of goods and services that are traded between related parties, such as subsidiaries or affiliates of a multinational corporation. This is important because the prices that are charged for these transactions can have a significant impact on a company’s financial performance and tax liability.

Our transfer pricing professionals have a deep understanding of transfer pricing rules and regulations and can provide the following services:

  1. Transfer pricing documentation: This service involves preparing and maintaining documentation that supports a company’s transfer pricing policies and practices. This documentation is used to demonstrate to tax authorities that a company’s transfer pricing practices are in compliance with relevant laws and regulations.
  2. Transfer pricing analysis: This service involves analysing a company’s cross-border transactions to determine whether they are being conducted at arm’s length prices. This analysis is used to identify any potential transfer pricing issues and to develop strategies to address them.
  3. Transfer pricing planning: This service involves working with a company to develop transfer pricing strategies that minimize its tax liability while still ensuring compliance with relevant laws and regulations.
  4. Transfer pricing dispute resolution: This service involves representing a company in transfer pricing disputes with tax authorities.
  5. Advance pricing agreements: This service involves working with tax authorities to obtain an advance ruling on the company’s transfer pricing policies and practices.

By utilising our transfer pricing services, companies can ensure compliance with transfer pricing regulations and minimize their tax liability. This, in turn, can help to improve your overall financial performance.

6. What are global mobility services?

Global mobility services are a critical component of international business operations. Our global mobility services are there to help companies manoeuvre the complicated rules and regulations associated with the movement of employees across borders.

International assignments can be complex and involve a range of legal, financial, and administrative considerations. Our global mobility professionals can help you navigate these complexities and ensure compliance with relevant laws.

Some of the key services we offer include:

  1. Immigration services: This service involves assisting employees with obtaining the necessary work permits, visas, and other documentation required to work in a foreign country. This can include assistance with completing application forms, preparing supporting documents, and representing the employee in any interactions with immigration authorities.
  2. Taxation services: This service involves advising employees on the tax implications of working in a foreign country. This can include providing guidance on tax compliance, planning, and equalization.
  3. Relocation services: This service involves assisting employees with the practical aspects of relocating to a foreign country. This can include assistance with finding housing, schools, and other essential services.
  4. Compliance services: This service involves ensuring that a company is in compliance with all relevant laws and regulations related to international assignments. This can include monitoring compliance with local labour laws, immigration laws, and tax laws.

By utilising our global mobility professional services, you can ensure compliance with relevant laws and regulations related to your international assignments, minimize the cost of international assignments and ensure the smooth transition of employees to a new country.

Please contact us for more information.

7. What are financial reporting services?

Financial reporting refers to the process of presenting financial information in a clear and transparent manner, so that stakeholders can understand a company’s financial performance and position. This is important because the financial reports that a company produces can have a significant impact on its reputation, credibility, and overall financial performance.

To ensure compliance with local and international financial reporting legislation, companies may seek the services of a financial reporting professional like us.

Our professionals have a deep understanding of local and international financial reporting rules and regulations and can provide a range of services to help companies like yours navigate these complex issues.

Some of the key financial reporting services we offer include:

  1. Financial statement preparation: This service involves preparing financial statements in accordance with local and international accounting standards. This includes preparing balance sheets, income statements, cash flow statements, and other financial reports.
  2. Financial statement analysis: This service involves analysing a company’s financial statements to identify any potential financial reporting issues and to develop strategies to address them.
  3. Financial statement review: This service involves reviewing a company’s financial statements to ensure they are in compliance with local and international financial reporting regulations.
  4. International tax services: This service involves advising a company on the tax implications of its financial reporting. This can include providing guidance on tax compliance, tax planning, and tax reporting.
  5. Technical accounting research: This service involves researching and interpreting complex accounting and financial reporting issues.

By utilising our professional financial reporting services, companies can ensure compliance with financial reporting regulations and improve the quality of their financial reporting. This, in turn, can help to improve their overall financial performance and transparency to relevant stakeholders plus investors.