Finstar Private Wealth’s Bookkeeping and Accounting Services
Accounting and bookkeeping are essential components of any business. By using accounting services, you can ensure that reliable and accurate books are kept for your company, enabling you to make informed decisions promptly in order to minimize risks and maximize profits. Accounting systems can have a significant impact on a company’s productivity and profitability.
Depending on their Memorandum of Incorporation and Public Interest Score, South African private limited companies fall into one of three categories: statutory audit, independent review, or compilation. Within six months of the end of the fiscal year, the Annual Financial Statements must be completed.
Taxation on a group or consolidated basis is not allowed in South Africa. Every company in a group of companies is a taxpayer in its own right.
Depending on your needs, we can provide in-house bookkeeping and accounting services among the many other financial services you require.