Revenue increased, profit expanded, but so did the taxes. And yet, while expanding to new markets with extremely promising plans, it turns out to remain minimal profit, all because of some unplanned taxes. And to worse off, after 5 years of peace, the tax audits come and find out serious faults and errors, resulting in huge tax charges and penalties, destroying shareholders' profit after tax.
Do you find the following familiar?
♦ A lot of expenses are not deductible due to multiple reasons
♦ Unclear reason why payable VAT for this month is so high
♦ Lack of WC, can get a loan from within the Group but fear of transfer pricing rules
♦ Late filing, late tax payment, end up with frequent fines & penalties
♦ Each line in the tax returns looks like an uncomprehensible spell
♦ Want to acquire a company in the same industry to expand the business but doubt of their tax status
♦ Year-end closing in, self-calculated tax is way too high, sadly no clue how to reduce it
We totally get it. And we can help you out.
Clearly foresee the total taxes payable from the annual budget, all project decisions must undergo intensive tax assessment, tax optimization not only for a single entity but for the whole Group. This isn't too good to be true, but is absolutely within reach for your business. Taxes do not have to be so scary.
While working with business owners, we aim for positive outcomes:
♦ Tax compliance is the basic foundation in any market or jurisdiction
♦ Fully understand relevant tax regulations and rulings
♦ Regularly update tax changes for appropriate reactions
♦ All business decisions must check for tax impacts before execution
♦ Optimized tax to be paid, totally in line with business targets
♦ Easy to reconcile and respond to the the tax authorities' challenge during tax audits
♦ Completely transparent about taxes giving way to big goals focus
Startup & SMB owners from the US, Canada and Vietnam, especially those who work in e-commerce, professional services and technology industries
1. Houston, Texas, USA
2. Ho Chi Minh City, Vietnam
Hotline +84 912291129
Email: hamipartners@gmail.com