Accounting, Tax, HR
OPKO Finance offers a range of business services covering accounting, payroll, tax declarations, treasury and other administrative processes. Our goal is to support our clients and allow them to focus on their core business.
Accounting Services
OPKO Finance provides full outsourced bookkeeping services, including the reparation of periodic financial statements – monthly, quarterly, bi-annual and annual and cash flow statements.
We compile the local books in compliance with the local statutory requirements and provide reconciliation with your management accounts.
When the bookkeeping is managed in-house, OPKO Finance can ensure the supervision of the accounting team and a periodic review of the books.
Consolidation of Financial Statements
We prepare the consolidation of the different entities of your group in accordance with the international practices and your specific requirements.
OPKO Finance assists your company to implement procedures to ease the consolidation process such as inter-company reconciliations, cash flow statements, inventory evaluation, the conversion for consolidating financial statements.
Our company also defines practices such as accounting policies manual, consolidation manual, standard reporting pack for subsidiaries.
We prepare the full set of consolidated financial statements.
Tax Assistance
We recommend and implement the best practices in tax matters so that our clients apply what is the best adapted and enjoys the correct tax requirements in Hong Kong, Mainland China, Singapore, and Philippines. OPKO Finance prepares and submit to the Inland Revenue the profit tax returns, the off-shore claims according to the local regulation that prevails in Hong Kong and Singapore.
OPKO Finance manages and provides assistance in the implementation of Double Taxation treaties between France, Hong Kong, Singapore, Philippines, and Mainland China.
Our company addresses the issues relative to the transfer pricing documentation. We analyze in each country the flows between related parties, the risks and functions assumed by the different parties. We make recommendations to our clients to be consistent with the regulation and we assist our clients to the drafting of the documentation required by the tax administrations in transfer pricing matters.
VAT Assistance
OPKO Finance assists your company to register as VAT payer (GST in Singapore, Small and General Tax payer in Mainland China) and manage the period declarations of VAT (Vat rebate, Export contract, contract processing).
In France and Europe, our company provides a fully managed VAT registration and return filing service avoiding the set up a permanent establishment. OPKO Finance assists your company as tax representative to claim VAT refund. With the assistance of OPKO Finance as tax representative, your company may purchase or sale goods and services in France and Europe without paying VAT.
We, as tax representative, tax-liable and established in France, represents foreign companies before the French Tax Administration and, in particular, to fulfill reporting formalities, OPKO Finance will perform the declarations of intra-community goods exchanges (monthly statistical declaration) for operators exchanging within the European Union, whether for purchases or sales.
Payroll Services
We provide payroll duties in Cebu, Hong Kong, Shanghai, Singapore, and Paris including:
-Set-up of the payroll system.
-Set-up of the Mandatory Provident Fund and other social charges.
– Preparation of individual employee pay slips.
– Filing the employers’ tax return.
– Management of the information on the payroll such as paid leave, sickness, commissions, fringe benefits, housing allowance, etc.
– Our company assists Individuals to draft their personal Income Tax declaration, claim off shore in case of temporary detachment or expatriation abroad.
– OPKO Finance also advices your company to apply for working Visa, Investment visa, Employer’s compensation scheme as well as Social Insurance coverage.
