Audit & Assurance

• In the light of massive corporate collapse and financial scandals, stakeholders particularly investors have lost faith in Corporate Governance and Financial Reporting. They now expect greater reliability, more transparency and clear evidence.

  Corporate Management Board, audit committees, internal and external auditors, analyst and other investment professional all have an important role to play in rebuilding confidence in Financial Reporting requirements.

  Presently the audit of financial statements has ever never been more important than in past years. Meeting investors' expectations begins with ensuring completeness and accuracy of information contained in a company's financial accounts.

  At VBS, our primary concern goes beyond requiring an audit for statutory or regulatory reason; we help in boosting your business in the Global Village.

• We advise a wide range of clients and their financial stakeholders, from fast growing and established businesses to companies searching for a niche market in competing in the global markets.

  We provide a hands-on approach to advising your business, whether it is large or small, taking the time to get to know the individuals involved as well as gaining valuable insight into the industry and the marketplace in which your business operates. We keep you up to date with relevant financial reporting and related legislative and technical changes throughout the annual cycle, as well as providing the most appropriate advice to maximise the potential of your business.

  By working closely with you, we tailor our approach to meet your individual needs.

• We also provide our clients with internal audit services which include:

  1. Preparation and setting up of internal control systems for smooth running of your business;
  2. Performing special internal assignment;
  3. Preparation of internal audit report for Board of Directors and audit committee;
  4. Special control based audit and investigation on request of clients.

Accountancy

Entrepreneurial businesses need reliable, accurate and timely financial information in order to manage their operations effectively. At VBS Business Services, we support businesses to help them achieve their goals.

As well as supporting our clients' accountancy needs, we often act as business and strategic advisers, helping clients to grow and develop at the pace they want. This is a key element of our service, and adds considerable value to our clients' businesses. Our priority is to understand your business, working with you and your key people, so that any work we undertake for you is properly and professionally handled to meet your deadlines. Whether you are a sole proprietor, partnership or owner of a fast-growing company, we can help you with all aspects of your business.

Our accountancy services include:

1. Day to day bookkeeping;
2. Preparation of management accounts with compliance to updated International Financial Reporting Standard;
3. Business plans and feasibility studies;
4. Tax planning and compliance;
5. Payroll administration;
6. Company secretarial services;
7. Company formation and related services;
8. Preparation and assistance for covenant reporting including consultancy services for treasury and debt management.

Consultancy Services

We prepare clients' business plan.

Advise on structure and set up mechanism.

We also provide corporate restructuring services.

Give assistance towards obtention of all regulatory licenses, permit and clearance and close monitory and follow up of various applications at BOI and other regulatory institutions.

Corporate services advisory covering all companies' formation, ongoing secretarial and day to day management of corporate affairs.

Tax Services

We cater for the preparation and manual and electronic filling of VAT, PAYE and corporate tax, returns with the Mauritius Revenue Authority.

We also structure and advise on tax planning services for local and global corporation.

We provide VAT registration services.

We assist clients in tax audit undertaken by the Mauritius Revenue Authority.

Insolvency

Corporate bodies are born, continued in operation. However, many also collapse due to reason like financial crisis, improper management, failure to meet their current and long term obligations and many others. VBS Business Services is here to guide helping you with winding up and liquidation services in compliance with the new Insolvency Act 2009.

Receivership services also form part of the services provided to our valued clients.