In a rapidly changing economy, meeting global compliance requirements is a complex and time-consuming exercise for any internationally operating organisation. The major challenges are streamlined procedures, risk management and cost reduction.
How do you comply with local rules and regulations in different countries while continuing to add value to your core business? How do you guarantee continuous compliance within the organisation and its teams? And what options are there for an integrated approach to outsourcing processes that you do not consider your core business?
Scalability and flexibility
In providing Global Outsourcing services, BDO takes a centralised approach to local compliance delivery; we offer security and structure using state-of-the-art tooling. Our experts have implemented an effective and tried-and-tested methodology to help clients meet their compliance requirements in multiple countries. Regardless of how your business operates, our solution ensures that every individual and team in the process knows what to do and when to do it. All local BDO professionals who are working on your account use our tooling.
Integrated outsourcing proposition
BDO offers an integrated approach to outsourcing your support processes. Ours is a total solution to your payroll accounting, financial processes (FPO) and global compliance requirements (GO). You can of course also opt to let us take one or two of these processes off your hands, which will free up capacity for you to focus on your core business.
Real-time information on global compliance status
Global compliance is an interesting field, but it can become burdensome if the process is not structured effectively. Our experts would be happy to discuss your current situation and the related requirements with you to see how our models rise to your challenges and whether our services match your solutions. Working from more than 1,600 BDO offices in 160 countries, the combination of a dedicated team and innovative tooling allows us to record, monitor and execute your compliance worldwide. The result is a dashboard that gives you round-the-clock access to real-time information about your global compliance status, so that you can efficiently comply with local statutory requirements and your globally operating company is in control across the globe.
Global Outsourcing services
BDO offers the following outsourcing services for global compliance:
- Support in incorporating a company and registering it with the local tax authorities
- Recruitment of local executives
- Secretarial support
- Preparation of monthly management reports and VAT returns
- Preparation of financial statements in accordance with international standards
- Preparation and filing of VAT, corporate income tax and withholding tax returns
- Preparation of other local tax returns and statistical returns.
We offer these services in all countries in which BDO is active, but we coordinate them from the Netherlands.
More about Global Outsourcing
To find out more or to request a demo about our Global Outsourcing proposition and our tooling, please feel free to contact one of our specialists for an informal chat with no strings attached of read more information in this factsheet.
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