Every Labuan entity has accounts to keep and filings to make. We do the bookkeeping, work with the auditor and file what has to be filed.
An entity records what it does, has its accounts prepared and files with the authorities. Whether an audit is needed depends on the entity and its activity.
What does not vary is that the obligation to keep accounts and file remains.
A client incorporated ten months ago and has been invoicing since. Nobody has been keeping books. Now the year is ending and there is a filing to make out of receipts in an inbox.
At that point the work is either already done, or it is expensive.
These three things sit with us, and they run into each other at the year end.
We record transactions as they happen rather than reconstruct them afterwards.
We prepare them and work with the auditor where one is required.
We send the documents for your approval before we file with the authorities.
You know what is coming before it is due. Your accounts are ready when a bank, an auditor or a buyer asks to see them, which is usually at short notice.
It depends on the entity and what it does. We will tell you which applies to yours.
Yes, and we often do. We handle the Labuan side while your own adviser handles the rest.
That follows the entity's functional currency. We will confirm it for your case before we start.
A short call is enough for us to say what your year end needs, and when.