How can our Accounting & Taxation Services help your Business in Latin America and the Caribbean?
Our Company Formation Services
Our Accounting and Taxation Services
We handle your financial, accounting and taxation needs so you can focus on growing your core business. Trust our local team of accounting experts to guide and support your business operations through the preparation and filing of company tax declarations, maintaining the company accounts and with the provision of treasury services.
Bookkeeping Services
Invoice Management
Payroll Processing
Audit & Tax Filing
Financial Reporting
Treasury Services
our clients on Accounting & Taxation services
Biz Latin Hub has been fundamental in supporting our international business expansion through setting up our local entity and with on-going accounting and taxation support. We look forward to continuing this partnership as we assist students with processing their international payments in various jurisdictions in Latin America and worldwide.
– Paul Stokes, Managing Director of Nexpay
More information on how to Start A Company in Latin America & the Caribbean
Frequently Asked Questions on Company Formation
Based on our experience, these are the most commonly asked questions about how to form a company and how Biz Latin Hub can help.
Accounting and taxation services, including tax services and international tax accountant expertise, offer numerous benefits. They help streamline your business operations, enhance client experiences, and improve your financial performance. These services can also aid in efficient tax planning, potentially saving you substantial amounts of money.
Latin American countries typically require companies to prepare annual financial statements. These include a balance sheet and statements regarding changes in equity, comprehensive income, retained earnings, shareholders’ equity, cash flows, and cash position. Additionally, notes relating to the financial statements and a schedule containing details of investments are often required. Navigating these financial reporting requirements can be complex and potentially problematic if not handled correctly.
Payroll processing requirements in Latin America can vary based on the industry and the specific country of operation. These requirements often include paying social security contributions, taxes, and other costs.
Electronic invoicing is now a common practice in many Latin American countries. It offers several advantages, such as saving time and reducing errors compared to traditional paper-based invoicing. Electronic invoices are automatically reported to the tax authorities, and the recipient company receives them electronically.
Outsourcing your accounting and taxation needs, including accounting services and taxation services, allows you to concentrate on your core business operations. It can help reduce costs, increase efficiency, and free up your resources to focus on growth. Outsourcing your accounting and taxation needs can be a strategic move towards expanding your company.
Yes, Latin American countries often adopt International Financial Reporting Standards (IFRS) or have their own adapted standards. For instance, Mexico and Brazil use IFRS, while some countries may have localized versions. Adhering to these standards is crucial for compliance and transparency, especially if you have international stakeholders.
Transfer pricing regulations apply to companies conducting transactions with related entities across borders. Many Latin American countries have specific rules for transfer pricing to prevent tax base erosion. Understanding and complying with these rules can prevent audits and penalties. Our transfer pricing experts ensure you meet local requirements while optimizing your tax strategy.
Value Added Tax (VAT) rates and filing requirements vary by country, and many Latin American countries require regular VAT filings. Understanding VAT obligations helps maintain compliance, especially for companies engaging in imports and exports. Biz Latin Hub’s VAT services manage these requirements to ensure accurate, timely filings.
Most Latin American countries require companies to keep records of financial transactions, invoices, payroll documents, and tax filings for several years. Non-compliance can lead to penalties or audits. Biz Latin Hub assists in setting up a compliant record-keeping system, so your business is always prepared.
To outsource your Accounting and Taxes to Biz Latin hub, simply reach out through our contact us page. We’re here to deliver the professional support your business requires, from tax services to international tax accountant expertise, to audit firm capabilities.
WHAT MAKES BIZ LATIN HUB DIFFERENT?
Your Local Partner
We can provide you the complete, fully-integrated and tailored back office, PEO and entity incorporation solution
Your Need is Our Focus
We know one size doesn’t fit all – we will work with you to understand your business needs and to provide a personalized market entry and back office solution
Globally Minded & Local Expertise
Trust our local team of lawyers and accountants to establish your business, form your legal entity, hiring employees and legal entity compliance
Communication at its Best
English, Spanish or Portuguese – Our local and expatriate team of accountants and lawyers can support you in multiple languages
Ready to Simplify Your Accounting in Latin America and the Caribbean?
Partner with our team of accounting experts to streamline your financial processes. From bookkeeping to tax compliance, we provide the support you need for smooth operations and growth. Start managing your finances with confidence today!