Strategy Archives - Chenwi-Associates

Asset Valuation

admin — Fri, 24 May 2024 08:41:34 +0000

Expert Asset Valuation Services for Accurate Business Assessments

No matter your needs, we enhance the credibility and value of your transactions by gaining a comprehensive understanding of your business, industry sector, and the broader economic landscape. Our expertise in advanced valuation techniques ensures an independent and accurate valuation of your assets. Our asset valuation services are essential for:

Tax Planning: Optimize tax strategies with precise asset valuations.
Corporate Restructuring: Support effective restructuring with accurate asset assessments.
Acquisitions: Facilitate informed acquisition decisions with reliable asset values.
Asset Disposals: Maximize returns on asset disposals with expert valuation.

Trust our team in Douala, Cameroon, to provide the critical insights needed for your business decisions.

The post Asset Valuation appeared first on Chenwi-Associates.

Tax Compliance and Advisory

admin — Fri, 24 May 2024 08:40:42 +0000

Professional Tax Compliance and Advisory Services in Douala, Cameroon

Ensure your business stays compliant with local and international tax regulations with our expert Tax Compliance and Advisory services in Douala, Cameroon. Our team provides personalized tax strategies, helping you navigate complex tax laws while minimizing liabilities. Whether you’re a small business or a large corporation, we offer comprehensive tax planning, filing, and advisory support to keep your operations running smoothly and in full compliance.

Tax Compliance Services

The tax environment in Cameroon is at best harsh, aggressive, uncertain and unfair and only takes the smartest of brains to navigate the maze and achieve desired objectives. Our strategy consists in working with clients to identify the most tax efficient transaction execution routes prior to engaging in transactions as well as pre-emptive tax reviews prior to tax administration audits.

We recognize the high probability of becoming oblivious to the nascent tax risks as we become consumed with the quest for operational efficiency. Rest assured, you will have to deal with these in the future in firefighting and damage control mode. We help deal with these issues now and minimize future liabilities. We seek to assist you create competitive advantage by incorporating the tax dimension in business objectives and decisions.

Tax and Social Security Compliance

We assist clients with the following

Preparing and filing monthly tax declarations due by the 15th
Preparing and filing monthly social security returns due by the 15^th
Preparing and filing annual statistics and tax returns due by March 15^th
Preparing and filing annual social security filing due by the January 15^th
Preparing and filing annual employment returns due by January 31^st
Managing ongoing relationships with the tax administration
Managing ongoing relationships with the social security administration

Tax and Social Security Reviews

We perform preemptive business, process and transaction reviews to identify existing and nascent tax and social security risks as well as advise on remedial action

Assistance during Tax and Social Security Audit

It is vital to stay a step ahead of the revenue inspectors as they quiz your transactions if you must avoid providing inappropriate, too much or too little information that may proof costly. We assist with managing end to end communications with the tax and social security administrations beginning from the audit notification through preparing explanations and responses during the onsite phase to managing the post audit processes, crafting defense memos and engaging the administration in negotiations where appropriate.

Transfer Pricing

Transfer pricing compliance obligations and audits are in their early days in Cameroon, yet we are already experiencing a steady rise in transfer pricing related claims arising from the audits of multinational companies. TP legislation is still primitive and administrative guidance far between, leaving tax payers at the mercy of an all-powerful tax administration acting as judge and party. Our transfer pricing professionals assist with risk mitigation via

Review of transfer pricing obligations arising from tax law
Review of transfer pricing documentation for compliance with local law
Assistance with TP related audits and dispute resolution
Preparation & review of Advance Pricing and Cost Contribution Agreements
Preparation of appropriate transfer pricing documentation

Tax Planning

Thinking ahead to avoid the storm, we add value to our clients via

Researching and advising on transaction execution routes that will be most efficient from a tax standpoint, particularly for corporate and group transactions.
Advising on available and applicable tax incentives in tax law
Identifying and advising on tax planning opportunities available in the law
Drawing up and documenting defensible technical services agreements and reports to ensure inter-group services expenses remain deductible.
Advising on tax saving opportunities available in applicable double tax treaties

Finance, Tax

Payroll Management

admin — Fri, 24 May 2024 08:39:42 +0000

Payroll Review Services

Our payroll specialists in Douala, Cameroon, ensure optimal payroll processing for businesses of all sizes. We assess your current payroll system to maximize employee disposable income while minimizing employer payroll-related tax liabilities, all without creating deferred obligations. By strategically structuring employee compensation for tax efficiency, we provide tailored solutions to reduce the tax burden, fully compliant with local and international regulations. Let us help streamline your payroll for compliance and cost savings in Cameroon.

Payroll Outsourcing Services

Our outsourcing specialists are on the lookout for opportunities where payroll outsourcing creates value for the organization. We take over payroll processing on a turnkey basis freeing up management effort which becomes available for core activities. We ensure this happens on a timely basis, without increasing the employer’s exposure to tax risk and consistently. Our deliverables in this area include

Review of employment contracts for compliance with labor law
Structuring compensation packages for tax efficiency
Review of existing compensation packages for tax efficiency
Registration of expatriate employment contracts with ministry of employment
Offsite payroll Management
Personal Income tax filing
Tax representation for nonresident employers
Advise on the choice between placing expatriates on local contracts & technical services contracts
Tax review of technical services contracts

The post Payroll Management appeared first on Chenwi-Associates.

Strategy Archives - Chenwi-Associates

Asset Valuation

Expert Asset Valuation Services for Accurate Business Assessments

Tax Compliance and Advisory

Professional Tax Compliance and Advisory Services in Douala, Cameroon

Checkout similar Services

Audit and Assurance

Agency Representation

Human Resources & Labor Relations

Management Reporting

Financial Reporting

Expert Tax Compliance and Advisory services in Douala, Cameroon.

Payroll Management

Payroll Management