Businesses face the increasing pressure of ever more rules and regulations, with tax complexities often consuming a large amount of management time and effort. Avikele Services will help you incorporate tax efficiency into your business planning and decision-making to put you in control of tax costs and generate long term savings.
We realise that managing your tax compliance burden efficiently can have a significant impact on your business. Whether you outsource your business tax processes to us completely or simply need advice to help you streamline the paperwork and deal with specific issues, we can deliver the quick, efficient service you need.
When the tax issues seem complex you will find our business tax advice and solutions relevant, practical and cost-efficient. The following are our services in relation to Tax advisory services:
|1.||Bookkeeping Services: – Writing of Prime Books of Account e.g. Petty cash book, Cash Book from the original documents e.g. invoices, sales receipts, cheque books ,petty cash vouchers etc.|
|2.||Accountancy: – Preparation of Draft Financial Statements from the prime books (e.g. Profit & Loss and Balance Sheet.|
|3.||External Audit (a) Annual and (b) Interim/Quarterly: – Independent Examination of your Books of Account and draft accounts to enable us express an opinion as required by the Law.|
|4.||Internal Audit :– Independent assurance and consulting activity that evaluates the effectiveness of the organization’s risk management, internal control and governance processes|
|5.||P.A.Y.E. (a) Set up of Payroll systems (b) Monthly Returns (c) Annual Returns Due June 30 –For each year for staff|
|6.||N.S.S.F. and N.H.I.F.: – Registration, Set up, monthly and annual compliance.|
|7.||TOT (Turnover tax) (a) Set up and registration (b) Quarterly Returns and annual compliance|
|8.||Tax Payments Scheduling, Tax health checks and Advisory: – Annual, Quarterly, Directors and /or Personal. Taxes and Company Taxes, Arrears interest and penalty dealings|
|9.||Computerization: -Advisory of accounting software, support and Staff Training.|
|10.||Company Secretarial Services: – Company secretarial services, Filing Annual Returns to Registrar of Companies.|
|11.||VAT Consultancy (a) Monthly Returns (b) VAT Claims and (c) VAT Investigations and In-depth checks and guidance as well VAT Advisory.|
|12.||Tax Returns (a) Company Tax Returns (b) Directors’ Tax Returns (c) Staff Tax Returns (d) Kenya Revenue Authority relationships-Tax agents.|
|13.||Rental Income Tax Return Filing and Payment– Registration, Set up, monthly and annual compliance|
|14.||KEBS Levy: – Kenya Bureau of Standards Levy Registration, set up, Computation, Monthly Returns, Annual Returns due on 31st January for previous the year.|
|15.||Catering Levy: – For Hotels, Restaurants and Cafeteria etc – Registration, set up, monthly computation and returns as well as advisory.|
|16.||DIT Levy: Directorate of Industrial Training Levy-NITA: – Registration, set up, computation, filing of returns and as well as advisory.|
|17.||Management Consultancy: – Monthly, Quarterly or other planned Management Advisory Reviews of the Company operations for success on timely basis.|
|18.||Special Assignments: – (E.g. Cash Flow Projections, Bank Facility Requirements, Tender Documentations, Donor Reports, Investigations, Internal Audits, etc.|
|19.||Staff Recruitment: – Recruiting, Vetting of Accounting staff and Training.|
|20.||Client Finance Sourcing: – Dealing with Major Banks, feasibility study, packaging the required paperwork and documentations.|
|21.||Other Services provided to meet specific clients’ needs e.g. Strategic Planning, Business plans, forensic audits, winding up, liquidations, etc|
Over and above that we advise on:
- Transfer Pricing Policy Review and Formulation
- International tax services and cross-border tax planning
- Investor tax advisory and Due Diligence reviews.
- Offshore financial planning (Thin Capitalization and Deemed Interest Planning)
- Tax Compliance Services
Trust, Fiduciary and Estate Planning
Managing your assets effectively and transferring wealth as you desire may seem like daunting tasks, but they can be simplified through the use of a trust. With a trust, estate planning and a fiduciary you can centralize your assets, whether in the form of cash, property, stocks, or business interests. Then, acting as your trustee, Avikele and its global networks of administrators will handle the details so you and your loved ones can spend your time enjoying the benefits.
Our team of experts work with private individuals and institutions on all matters relating to trusts, from their establishment, to administration issues, taxation, commercial and litigation matters. This advice will relate to family trusts, remuneration trusts and pensions – both in Kenya and offshore.
Start Up Advisory Services
We have a dedicated team whose aim is to helping entrepreneurs launch and grow new ventures as well as helping existing businesses develop. Our principals and partners have a diverse and significant track record working with entrepreneurs. We’ve worked with innovative early stage companies on a broad range of projects.
We bring a great deal of insight into every engagement.
In addition, we can play an active, hands-on role in our start-up client companies’ success – our work can be structured on a project basis or as a part-time interim operating role.
More importantly, we speak the language of start-up, especially regarding finance and business development. We’ve supported many clients in numerous pitch meetings and investor presentations.
Our fees make us available to most emerging growth companies as well as angel-funded start-ups. Whether it’s helping entrepreneurs develop their value proposition or securing the funding they deserve from angel groups, private investors or venture firms, we support start-up and emerging growth companies with a variety of services including:
- Development or executive summary, elevator pitch and other initial documents
- Business model canvas
- Pitch presentation development
- Go-to-market strategies for new products and/or new market sectors
- Business plan creation, review and/or enhancement
- Capital raise consulting and network connections
- Interim executive management
- Advisory board development and recruitment
- Scheduling meetings with angel groups, private investors and/or venture firms