What is bookkeeping?
Bookkeeping is the practice of creating and maintaining purchases, sales, expenses, payrolls records, which can be done through both manual and automatic techniques. If a business is not making money, the bookkeepers are the first to know.
How to proceed?
All transactions will be recorded into the accounting software. The database can be extracted for future purposes.
Our team will act as an in-house bookkeepers, keep track with the transactions every day. If there is any unreasonable transactions, you will be noticed from our team.L
VAT stands for “Value-Added Tax” and is imposed on the added value of goods or services arising in the process of production, circulation and consumption.
The general VAT rate is 10%. Other rates such as 0% or 5% can be applied depending on each specific product or service.
There are several personal income tax rates which depend on the kinds of personal income such as:
The following investment sectors benefit from tax incentives:
There are process export zones with tax reductions such as: