Seychelles IBC Accounting Records: Stay In Line with the New Regulation
Navigate The Continuously Changing Business Landscape with CRESCO Accounting A new development comes to light that accounting records will soon be kept in Seychelles. This regulation will challenge both RA’s and entities conducting business in this jurisdiction. Under the current rules, the Registered Agents (RA’s) do not have the power to request Accounting Records from […]
Seychelles International Business Company (IBC): Accounting Requirements and Obligations
In Seychelles, companies are mandated to keep accounting records that enable the company’s financial condition to be reasonably determined at any time. However, there is no statutory requirement to file any financial information on public record, nor is there any audit requirement. Following Seychelles International Business Companies Act, the essential provisions regarding accounting for IBC’s […]
Payroll Essentials in Seychelles
Human Resource is one of the integral parts of running a business. The company cannot run a business without its employees. One crucial aspect in managing your Human Resource is the payroll. Employer and employee relationship cannot work without providing incentives on both parties. This is why companies have dedicated HR or accounting personnel who […]
What You Need to Know About One-Person Corporation: An Overview
Jurisdiction: Philippines CRESCO and its partner companies has the local knowledge to help you bring together the corporate services essentials to the success of your business. Whether you want to invest, operate, or expand in multiple jurisdictions. We support cross-border projects from small/medium to large corporations, at every stage, across all disciplines, and in every […]
Leading In a Time of Crisis
We all live through storms throughout our lives, some little, some in gigantic proportions we call “perfect storm”. Most of the time, we come out on the other side a little bruised but always stronger. To leaders and warriors – hard times are life’s richest times of growth, opportunity, and possibility – Robin Sharma. There […]
Investor’s Guide: A step ahead of Economic Substance
As we enter the second quarter of 2021, business individuals are still wondering is it truly a lucky year? The icon for a booming market is a bull which we can somehow relate to the Chinese Zodiac for the year of the Ox. Investors are very wary of fluctuations in the economy and are keeping […]
Outsourced Payroll Solutions with a Trusted Accounting Firm
It is undeniable that one of the most critical component in running a business is delegation. Certain roles and responsibilities must be passed to the right people to achieve an organisation’s maximum potential and vision. One essential part of the business that you can delegate to a third-party service provider is payroll. Accounting firms offer […]
The Role of an Accountant and Sustainability in Business
Surviving the COVID-19 pandemic is not the end game for many businesses. What next? In a dynamic world where changes are happening at a fast pace, businesses have to adapt their strategy accordingly. A key strategy that can prove worthy in business is sustainability, which is the ability to continue in existence whilst, serving society, […]
Fraud & Financial Crimes: A Global Financial Issue & Takeaways for 2021
Fraud and financial crimes are global phenomena. They run across all human races irrespective of their social and economic status. These crimes are forms of theft that transpire in a situation where assets like money or property are being used to gain a benefit from it. Maintaining a lifestyle beyond one’s means or poor investments […]
2021: Future of Accounting Trends
Technology has been changing from time to time from being slightly developed to having innovative features one has never seen before. It transforms imagination and converts our ideas into reality. Different industries recognise the developments technology has brought in. The accounting industry is one of those that have been significantly improved with the latest changes, […]
