Services for Caribbean Nations

Bookkeeping & Accounting:

• Routine bookkeeping for SMEs (retail, tourism, hospitality, trading).
• Bank & credit card reconciliations.
• Accounts payable & receivable management.
• Monthly management accounts.

Financial Statement Preparation:

• Drafting financial statements under IFRS (common in the region).
• Consolidation of offshore subsidiaries.
• Audit-ready trial balances.

Tax Compliance (varies by country):

• Many offshore jurisdictions (Cayman, BVI, Bermuda) do not levy corporate income tax, so outsourcing here is limited to annual reporting & filing obligations.
• In countries with taxes (e.g., Jamaica, Trinidad, Barbados):
  • Corporate income tax returns.
  • VAT/GCT (General Consumption Tax) returns.
  • Payroll taxes & social security contributions.

Payroll Processing:

• Payroll calculations.
• Local statutory deductions (National Insurance, pension funds, etc.).
• Payslip generation.

Regulatory & Compliance Support:

• Economic Substance reporting (for offshore jurisdictions).
• Annual filings with corporate registries.
• Beneficial ownership registers (UBO compliance).
• Anti-Money Laundering (AML) documentation support.

Audit Support:

• Preparing working papers for statutory audits (where required).
• Drafting financials for external auditors.
• Support for investment funds & insurance entities in offshore hubs.

Fund Accounting & Investment Structures (specialised):

• NAV calculations for hedge funds/private equity funds (Cayman, BVI).
• Investor reporting packages.
• Reconciliation of investment portfolios.

Virtual CFO & Advisory:

• Cash flow projections (especially for tourism & hospitality businesses).
• Budgeting & MIS dashboards.
• Advisory on cross-border structuring.