We prepare and file quarterly and year-end payroll tax returns for your local small business, as well as forms for your independent contractors. We also assist in salary and withholding calculations.
Month: October 2017
Local Taxes
With dozens of different taxes, the frequently changing income tax and sales tax rules, to say local tax is a challenge is putting it mildly! Our goal is to help minimize the risks and costs associated with conducting interstate businesses. Sawa for Accounting & Auditing has the resources and expertise to ensure that your business can make it through the maze, leaving you to focus on building your business.
Businesses
Whether we are with you from the inception of your business, or some years later, we will assist you with all your small business needs such as entity selection, tax planning and business succession planning.
Our full spectrum of services involve preparation of partnerships, S-Corporation and C-Corporation returns for clients.
Individuals
From the simplest to the most complex returns, with land deals, foreign earned income, sole proprietorship, investments and much more, our clients return year after year in reference of our ability to provide valuable insight and excellent service.
Tax Planning and Preparation
At Sawa for Accounting & Auditing, we guide our clients through a full range of tax planning and preparation with strategies that minimize tax liabilities and keep them on track with their financial goals.
Our expertise, analysis and thorough research allows us to optimize financial opportunities found in the tax code. We are knowledgeable and up to date on the ever-changing tax laws.
Business Operation Review
We provide business insight services to improve the business operations taking into consideration the business as a whole.
Preparation of policies and procedures manuals for business cycles
The work to be performed to achieve our mission is composed of two phases, but not limited to, as follows:
Phase 1: Preparatory & Registration phase
Phase 2: Post-registration phase
Phase 1: Preparatory & Registration phase
(This phase will start by the mid of November 2017).
- Consultancy services, which will be provided continuously over all the period of our agreement
- VAT registration in the specified bureau, along with the online registration in order to get usernames
and passwords for online declarations.
(The registration should be done no later than the mid of November 2017).
Phase 2: Post-registration phase
(This phase will start by the beginning of December 2017).
- Review and control over the application of the new rules and accounting policies in order to ensure
the conformity and compliance of the accounting entries with the one set by the Minister. - Verification of all transaction for VAT compliance and determination of exact VAT Payable or
Refund - Filling and declaration of VAT quarterly
Business Valuation
Sawa for Accounting and Auditing perform valuations of business entities, intangible assets and partnership interests. These services are provided to assist clients with mergers, acquisitions & dispositions, compliance, financial reporting, bankruptcy, reorganization, ligation & dispute resolution and strategic planning.
Business Plans
Business Plans
Initial planning for the engagement in our services entails:
- Benefiting from specialized experience in the relevant economic, financial and business sectors especially in
VAT and taxation field - Understanding fully the nature of the business activity and most importantly its financial and
accounting characteristics - Reviewing the client’s history and background, which includes any financial information and other internal
reports, legal documents, management’s decisions and possibly other regulatory reports (where applicable of
course). - Working in close collaboration with client staff to maximize the effectiveness of work
- Establishing strong quality control and close involvement of assigned partners and managers at all stages
- Identify the objectives of the engagement and appropriate approach to achieving them
We will also seek input from management during the planning phase to discuss the risk elements, possible
irregularities and other significant issues to ensure any areas requiring emphasis are addressed in the
engagement process. This knowledge will allow us to be more specific in our request for information and
reduce the time needed during our actual fieldwork engagement.
We Provide the Best Services
We are an auditing, accounting and consultancy firm in Lebanon and the U.A.E.
The services rendered by the firm include statutory, external and internal audit; accounting and financial management consultancy; project evaluation; feasibility studies; formation of offshore companies and financial expertise in the Lebanese courts and allied services.
The firm is led by a team of qualified and experienced professionals dedicated to practice their profession in accordance with the International Financial Reporting Standards- IFRS-, and committed to provide the best services for both local and international clients.
The firm is fully equipped and provides services to a wide spectrum of clients, from individuals to corporate entities; from small organizations to very large companies.
In our endeavor to provide the best professional services, we ensure compliance with the latest international standards and we are continuously up-to-date with the latest developments in our fields of practice.
Our aim is to provide cost effective but efficient professional services to the business community and to assist them in realizing the maximum potential of their business operations.
We appreciate the importance of time and are committed to the time schedules placed at the start of the service.
