Corporate & Individual Tax Consultancy

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Do you want to free from hassle of entire process of tax return?

Safe-Q has a professional pool of tax experts & service people who has right set of skills & experience in dealing tax matter with govt. exchequers. The prime aim of Safe-Q's Tax Service wing is to save your valuable executive time and get yourself relieved from all the hassles in dealing Income Tax related issues during return submission process. Our service expert will get in touch with you personally, guide & collect related documents, process and produce end result without your personal involvement. Very notably we can rest you assure, all these service you would receive at a very affordable rate.

We specialize in Income Tax services such as (but not limited to):

  • Tax planning
  • Tax audits
  • Tax deducted at source
  • Preparation of income tax returns
  • Capital gains tax advice
  • Fringe benefits tax advice
  • Tax structures: public companies, private companies, trusts, partnerships, sole traders and personal
  • Working-out corporate structure for optimization of tax payments in strict accordance with Bangladeshi legislation;
  • Comprehensive analysis of deals for revelation of taxation risks;
  • Tax consulting on corporate taxes and individual taxes;
  • Comprehensive tax reporting for Bangladeshi and foreign legal entities;
  • Supporting Client's interests in tax bodies and courts

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Accounting & Reporting

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Do you feel the pressure of stricter accounting and more complex reporting requirements?

As an independent third party service provider, we can manage your intermediary companies' accounting processes efficiently.

We provide you with timely and accurate information and analysis critical to your strategic decision-making processes. In order to meet the requirements for keeping an entity in good legal standing, this entity needs to keep the books on an annual basis. We maintain our clients' books and records in accordance with local legislation. These books also form the basis for the corporate income tax returns and thus the basis for the tax advantages set forth in tax treaties.

We provide reporting services to stock-listed clients with specific reporting requirements. We can report according to our clients' individual requirements, in dual currency format and meeting the required accounting standard (IFRS and US GAAP). We are able to deal with clients' own (in house) software packages and their own computer networks. We also assist in preparing output accounting reports and accounting reconciliation, including the reconciliation between statutory and group management reports. We have gained many years of experience in consolidating the activities of the client's group into one report.

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Corporate Affairs Services (Joint Stock Company & Others)

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Do you need Corporate Secretary?

We provide corporate affairs services to private limited, stock-listed companies and other international companies.

We specialize in general corporate affairs services such as (but not limited to):

  • Registration of Company at Joint Stock Companies & Firm of Bangladesh;
  • Convening and taking the minutes of shareholders' and board meetings;
  • Filing annual return with the Joint Stock Companies & firms;
  • Filing any change of our companies information.
  • Keeping corporate records;
  • Drafting various resolutions at shareholders' and board meetings;
  • Assistance with the incorporation or establishment of your legal entity;
  • Assistance with the transfer, issue and/or merger of shares in the capital;
  • Assistance with amending the Articles of Association;
  • Drafting, executing and legalizing various other corporate documents and agreements;
  • Assistance with dissolution and subsequent liquidation.
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Internal / Management Audits

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SAFE-Q Astute specializes in Internal/Management Audits, which are primarily conducted in order to provide the client's management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and to suggest possible areas for improvements. We, at SAFE-Q Astute, strongly believe in Internal/Management Audits being a value addition exercise rather than a mere compliance exercise.

SAFE-Q Astute firmly believes in providing value added services through highest levels of professional competency and integrity to its clients. Our Internal/Management Audit services are designed to suit the individual client specific needs. It provides assistance to clients in managing their key business concerns, be it achieving strategic business goals, meeting operational challenges, complying with regulatory norms or managing reporting requirements.

Keeping in mind the Risk Management framework, our internal / management audits adopt "Risk Based Audit" (RBA) approach and other tools and techniques for accomplishing the audit objectives.

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Compliance Management

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There are many licenses or certification is required to smooth running of the business operation. So this is very important to get licenses or certification as early as possible for startup of business activities as well as renewal of said documents is required in timely manner. Safe-Q provides you such services in the following issues:

  • All issues at the office of Board of Investment (BOI).
  • All issues at the office of Joint Stock.
  • Fire License
  • Factory License
  • Import Registration Certificate (IRC)
  • Export Registration Certificate (ERC)
  • License from Energy Regulatory Commission
  • Import Permission
  • Environmental Clearance Certificate.
  • Membership Certificate of BKMEA.
  • Membership Certificate of BGEMA.
  • Trade License
  • Certificate of Value Added Tax (VAT).
  • Tax Identification Certificate. (TIN)
  • Enrollment Certificate of Export Promotion Bureau.
  • Boiler Certificate.
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Certification of Corporate Governance Compliance Report

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We have audited compliance to the BSEC guidelines on Corporate Governance and provide certification of compliance to the shareholders. These guidelines relate to the Notification no. SEC/CMRRCD/2006-158/134/44 dated 7th August 2012 of Bangladesh Securities and Exchange Commission (BSEC) on Corporate Governance.

Such compliance to the code of Corporate Governance is the responsibility of the Company.

Our examination was limited to the procedures and implementation thereof as adopted by the management in ensuring compliance to the conditions of Corporate Governance. This is a scrutiny and verification only and not an expression of opinion or audit on the financial statement of the Company.

In our opinion and to the best of our information and according to the explanations provided to us, we certify that, subject to the remarks and observations as reported. The Company has complied with the conditions of Corporate Governance as stipulated in the above mentioned guidelines issued by BSEC. We also state that such compliance is neither an assurance with which the Management has conducted the affairs of the Company.

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Asset Valuation & Verification

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At times people try to take advantage by showing fake documentation, miss presentation or over or under valuation of assets. If anyone takes any decision based on the above data then it leads to huge loss for business as well as personal life.

Safe-Q always provides current information by comprehensive analysis and modern valuation techniques.

We know, financial statements are prepared based on historical records. Therefore, automatically create a difference between market value of asset and book value of asset. But market value of asset is required for companies acquisition, asset acquisition, loan sanction against assets, financial report analysis etc. Then SAFE-Q is offering service for determination of true and fair value of your assets.

We are enlisted with:

  • National Bank of Pakistan (NBP)
  • A. G. Dresses Limited
  • South East Textiles (Pvt.) Limited
  • Global Merchants Limited
  • Mozadded Knittex Limited
  • Mysha Fabrics Limited

 

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Comprehensive outsourcing

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Credit Management

If you are looking to establish a new credit control department, or you are simply having problems collecting money owed to you, our expert and professional consultancy services will put you on the right track.

Like all of our credit control services, we do not offer a "standard package" of consultancy services. Through an in-depth discussion with you, our expert establishes precisely what your problems are and devises a bespoke credit solution for your business.

Like all of our credit control services, we do not offer a "standard package" of consultancy services. Through an in-depth discussion with you, our expert establishes precisely what your problems are and devises a bespoke credit solution for your business.

We are able to provide credit control consulting, one to one training on: cash flow management, credit control techniques, credit control/sales process, cash flow control, prepare a credit policy and procedures document for you, make a sales ledger, demonstrate the benefits of credit control and query management software, provide help and advice to get the best out of Sage Line 50, provide you with management report templates enabling you to monitor your cash flow and find a solution to your cash flow problems.

We offer our professional consultancy services on a "project" or on an ongoing basis across the Country.

AP Management

Safe-Q's procurement-to-payment approach delivers savings of up to 68% and a per-transaction quality rate of 99.97%. We'll take that stack of paper invoices off your desk and apply a combination of web-based workflows and outsourced processing that readies them for approval and electronic payment in less than a day.

With Safe-Q, your processes become standardized into qualifying business rules. We code these rules into our state-of-the-art Archimedes software and digitize your invoices for processing by our highly-trained and carefully monitored staff. We note exceptions for your resolution and review each invoice across multiple data points to spot duplicate billing.

Our best practices approach gives you better control over your processes. Instead of going through stacks of invoices and file folders, with a few clicks, you can drill down into any invoice to see its status, find out who needs to review it, know how long they've had it in their inbox, and approve it for payment.

Safe-Q enables disbursement via checks, wire transfers and credit cards with rebates. Our solutions offer:
Enhanced visibility into the accounts payable cash flow
The flexibility to work with any bank, with no charge for changing banks
Reduced vendor remittance costs through online presentment and self-service options
With Safe-Q, your accounts payable processing becomes digital, predictable, efficient and quality-focused. Your control increases while your costs and risks decrease, enabling you, and your company, to do more.

We also provide following comprehensive outsourcing services:

  • Accounting & Management Information System Services (Accounts design & automations).
  • Data Entry.
  • Business operation data verification and recommendations.
  • Garments Salary audit.
  • Administrative support.
  • Professional Training.
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Business Startup or Acquisition Services

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Do you need any help to start a new business or new business acquisition?

Our point of view

Safe-q is a fist consultancy house of its kind offering innovated services on starting up & acquisition of business projects and comprehensive outsourcing of business activity of both Bangladeshi and foreign companies. All our managing partners are professional accountant (CMA) & other specialists are highly experienced in the area of finance, General management, compliance, project operation and development. That's why we offer full range of our services not only to Bangladeshi but also to foreign partners.

Comprehensiveness of our service gives our Clients an opportunity to significantly minimize spending of time and money on making business due to usage of united supplier of all services.

We can be sure that all our Clients are provided by highly professional support. We want to be your business partner on a long-term basis that's why our every step is made thinking of the concrete result.

Fair price policy of Safe-Q is based on economical researches. We don't need to spend lots of money on advertising our services. As a result, Safe-Q offers best prices on all areas of its activity.

Key areas of activity:

THE FIRM AS YOUR BUSINESS ADVISORS

As business advisors, we support an entire client service philosophy that goes beyond the historical aspect of a client's business. Our service approach includes a thorough knowledge of the business, the industry, the economy and the regulatory climate to help our clients in their total business effort. Our practice is to meet with members of the management team on a regular basis to discuss important issues and the recommended solutions as well as explore new ideas and new ways of running the business. It means being creative, innovative, responsive and intuitive.

Firstly contacting Safe-Q, you will see yourself: we know for sure what is the best Client oriented service. Our philosophy is easy: we are the team of professionals who make their work really good and always follow their own obligations. We believe that this philosophy provides a success and we offer you to be together on this way.

StartUp & Business Acquisition

Comprehensive services for starting up & acquisition of business including:

  • Business-planning and raising funds for start-up projects;
  • Registration of legal entity and legal support;
  • Negotiation for acquisition of Business.
  • Creating your company's style (logo, symbols etc.) and corporate web-site;
  • Accounting manual
  • Legal issue consultancy (Tax, Vat & Joint stock)
  • Searching office and personnel;
  • Searching goods and services suppliers;
  • Administrative support.
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HR-support service

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In lots on companies HR specialists are responsible only for personnel search. Moreover, very often companies that have HR-manager in their team, outsource searching some kinds of personnel. The reason is manager's lack of experience and absence of specific knowledge for these positions.

Safe-Q offers full range of services covering functions of internal HR-manager, legal, accounting and recruiting companies:

  • Personnel search in accordance with Client's requests.
  • Personnel certification: examination of professional skills, psychological compatibility with company's team.
  • Professional psychological services: preventive measures and solving of conflicts, creation of healthy working atmosphere in your company.
  • Elaboration of labor contracts with employees.
  • Foreign staff obtaining employment and work permits, invitations and different kinds of visas.
  • Working-out of employee's provident fund.
  • Personnel records: all kinds of HR documentation in Client's company.
  • Dismissed employees adopt: assistance in searching new job, preparation of recommendation letters, psychological help.
  • Solving of employment disputes: pre-trial and in courts.
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