Bernhoeft | Experience with foreign companies

With Bernhoeft:

You have a team of accounting experts, fluent in English, divided into focused cells, with extensive experience in foreign companies from incorporation to day-to-day routines.

Expected benefits:

• Peace of mind of not incurring tax problems and avoiding fines.

• Be sure that you have opted for the best tax regime, the minimum amount of taxes as legally possible

• Rely on a proactive consultancy that priorities customer success.

• Assistance in financial management with relevant information about your business.

• Focus on the core activity of your company, avoiding excessive time spent on burocracies and backoffice activities.

Accounting

• Register company’s monthly operations based on the information provided;

• Perform monthly analyses and reconciliation of the outstanding accounting balances;

• Prepare monthly balance sheet in local currency in Portuguese in accordance with the applicable Brazilian accounting standards and principals;

• Prepare periodical reports in English;

• Prepare annual financial statements in Portuguese, comprising of balance sheet, P&L statement and Statement of Changes in Shareholder’s equity in local currency;

• Attend government inspection.

Taxes

• Keep tax books up to date;

• Calculate and determine based on the current tax legislation;

• Prepare and file ancillary obligation related to Federal and Municipal spheres;

• Responding to queries, performed preferably by e-mail;

• Attend government inspection.

Payroll

• Process monthly payroll data (payment of overtime, commissions, loans, etc.)

• Prepare monthly payroll run and calculate social security, government severance contributions and withholding tax (INSS, FGTS and IRRF);

• Prepare ancillary obligations to send to the government as e-Social, SEFIP, RAIS;

• Calculate 13th salary amounts (1st and 2nd installments);

• Prepare tax payment forms levied on 13th salary (INSS, FGTS and IRRF);

• Compute monthly accruals for vacation pay and 13th salary, per employee;

• Manage employee`s benefits;

• Attend inspections.

Financial departament

• Proceed with payments on banking online after contractor`s approvals;

• Accounts payable control by preparing A/P aging list;

• Accounts receivable control by preparing A/R aging list;

• Financial reports of cash flow and accounts payable;

• Issuance of invoices.