Compliance

Accounting & bookkeeping

A cross-border structure does not fail on the day it is built. It fails quietly, a year or two later, on a missed filing, a mismatched year-end or a substance requirement no one was tracking. We keep the books and the calendar so it does not.

Last verified July 2026

What this covers

  • Maintain bookkeeping and prepare annual financial statements under IFRS or the relevant local GAAP.
  • Handle VAT/GST registration, returns and cross-border VAT questions.
  • Run management accounts and reporting for owners who need to see how the business is doing between year-ends.
  • File the annual returns, corporate filings and confirmation statements each jurisdiction demands, on its own calendar.
  • Track economic-substance and CFC reporting obligations that sit on top of the ordinary accounts.

Scope & conditions

Reporting standards
IFRS or local GAAP, prepared to the standard the auditors and the registry will accept.
Indirect tax
VAT/GST registration and periodic returns, including the registration thresholds and the place-of-supply rules that catch cross-border digital businesses.
Ongoing compliance
Annual returns, corporate filings, payroll where staff are employed, and the economic-substance filings now required in many low-tax jurisdictions.

How it works

  • Good bookkeeping is what makes audit, tax and banking cheap and calm. Thin books make all three expensive and fraught.
  • Cross-border structures create obligations in more than one place at once. There is home-country CFC reporting, host-country accounts, and substance filings, and they have to be reconciled, not run in isolation.
  • We keep a compliance calendar for each entity, so nothing lapses in a jurisdiction no one was watching.
What can go wrong
  • Substance is now audited, not assumed. A company with no bookkeeping, no accounts and no local activity is exactly where an economic-substance or CFC challenge lands.
  • Mismatched financial year-ends across a group are a quiet, recurring source of tax and audit pain. Fix them at formation, not in year three.
  • We'll sort the accounts later is the most expensive sentence in cross-border business.

Frequently asked

Do I need to do accounting for a company that isn't trading yet?

Usually yes. Most jurisdictions require a dormant or non-trading company to keep records and make annual filings. That might mean a confirmation statement, dormant accounts, sometimes a nil tax return. The obligations are lighter, not absent, and missing them quietly accrues penalties and can get the company struck off. Dormant is a filing status, not a holiday from compliance.

When does my company have to register for VAT?

It depends on the jurisdiction and the activity. Each has its own registration threshold, and cross-border digital services often trigger registration in the customer's country regardless of turnover. VAT is where fast-growing online businesses most often fall out of compliance, because the place-of-supply rules do not follow where the company is registered. We map the exposure before it becomes a liability.

What is economic substance and does it apply to my company?

Many low-tax and offshore jurisdictions now require companies carrying on relevant activities to demonstrate real local substance. That means people, premises and genuine decision-making, backed by an annual substance report. It sits on top of ordinary accounting. Failing it triggers penalties and information exchange. If your structure relies on a jurisdiction taxing lightly, assume substance rules apply and plan for them.

Need accounting & bookkeeping done properly?

One named person on your file, and an honest answer on scope, timeline and cost.