With our platform and chartered accountants,
your accounting work will be so much easier than before.

1


Keep track of your deadlines for government licence renewal. It is all recorded on our platform. We will pay the fines for you if the payment is late.

2


Chat online with certified accountants assigned to your company on our platform. They will manage your accounts and respond to your questions.

3


Our system automatically imports the data from your bank account. We will help to categorize the transactions for smarter bookkeeping.

4


Snap a photo of any supporting documentation and send it to us. We deal with all the paperwork to save your time.

5


We scan your company letters and redirect them to you every day so that you don’t miss any important information. We will mark the email if it is urgent.

6


Our platform generates all types of financial reports. You just need to filter the period required and download the report.

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Choose the plan that suits your business needs

Monthly Bookkeeping Service

We provide flexible plans for the companies with frequent monthly transactions.

>>Learn More

Yearly Accounting and Taxation Service

For companies with 1-30 transactions per annum.

>>Learn More

Monthly Bookkeeping Service

We provide flexible plans for the companies with frequent monthly transactions.
  • Monthly Management Accounts
  • Prepare Monthly Unaudited Financial Reports
  • Compilation of Unaudited Annual Statements
  • Direct Bank Feeds and Data Exchange
  • Free Online Help and Support
  • Starters

    US$100/month

    30 transactions and below per month

    Growings

    US$200/month

    31 - 100 transactions
    per month

    Prosperings

    US$350/month

    101 - 200 transactions per month
    Payroll (Up to 10 staff)

    Apex

    US$600/month

    201 - 300 transactionsper month
    Payroll (Up to 10 staff)

    More Transactions?

    Speak with our corporate care manager

    300 transactions and above per month
    Payroll (Up to 10 staff)

    For companies with 1-50 transactions yearly, Billed US$800 upfront or at the financial year-end.


    What does the package include?

    Offshore Company Annual accounting service include the following:
    1. Prepare unaudited financial reports include P/L and Balance Sheet.
    2. Accounting and journal entry for yearly transactions below 50.
    3. Online Accounting support

    What documents shall I keep for my business?

    Keep properly of the following documents and records when you are running your business
    Sales Invoices
    Receipts
    Payment Voucher File/ Expenses File
    Petty Cash File
    (if any)
    Supplier Invoice File
    Salary Vouchers
    (if any)

    Q&A

    What financial reports must the British Virgin Islands company submit each year?
    There is no requirement to file accounts or a financial statement. A business company must keep accounts and records that are sufficient to show and explain the company’s financial transactions and will, at any time, enable the financial position of the company to be determined with reasonable accuracy. A business company must also keep minutes of all meetings and copies of all resolutions passed by the directors, members and officers.
    Does the company have to maintain books and records in the BVI?
    Under the Mutual Legal Assistance (Tax Matters) Act 2003 (as amended), every company must keep its accounts, records and underlying documentation at the office of its registered agent or another place determined by the directors. The records must be sufficient to show and explain the company’s transactions and must enable the financial position of the company to be determined with reasonable accuracy. These records must be kept for at least five years from the date of completion of the transaction in question, or the date when the company terminates the business relationship to which the records relate. If the records are kept somewhere other than the office of the registered agent, the company must provide the registered agent with a written record of the physical address of the records.
    Does the Cayman Islands company have to file annual financial reports?
    Offshore corporations in the Caymans are not required to submit financial reports to any Cayman Islands’ government authorities. Annual returns should be filed yearly in the Cayman Islands. However, there is no requirement for corporations to provide financial records when filing yearly returns.
    Does the company have to maintain books and records in the Cayman Islands?
    All companies must keep proper books of account. They need not be held at the Registered Office. A company that keeps books of account outside of the Cayman Islands is required to provide its Registered Office with information regarding its books of account on an annual basis.
    Is there any financial audit required for company renewal?
    No. The main requirement is to pay the renewal fee on time.

    What is the company renewal fee?
    For BVI Company, the annual fee payable to maintain a standard company authorised to issue up to 50,000 shares is USD 450, and annual fee for a company authorised to issue more than 50,000 shares is USD 1,200. For Cayman Company, the annual fee payable to maintain an exempt company depends on the number of shares issued. The annual fee starts from KYD 700 for companies issuing up to 42,000 shares and it goes up to KYD 2568 for companies that issue more than 1,640,001 shares.
    What is the penalty fee if I fail to pay the renewal fee on time?
    For BVI Companies incorporated between January 1st to June 30th renewal fees should be paid to the Registry before May 31’s deadline to avoid the penalties:
    • June 1 to July 31st – 10% of renewal fee.
    • August 1 to October 31 – 50% of renewal fee.
    • November 1 to January 31 – 50% of renewal fee plus
    • Restoration fee of USD 825.
    • From February 1 – Penalty is the Restoration fee of USD 1125.


    For BVI Companies incorporated between July 1st to December 31st the funds must be credited before November 30’s deadline to avoid the penalties:
    • December 1 to January 31 – 10% of renewal fee.
    • February 1 to April 31 – 50% of renewal fee.
    • May 1 to July 31 – 50% of renewal fee plus Restoration fee of USD 825. 
    • From August 1 – Penalty is the Restoration fee of USD 1125.


    For the Cayman Islands company, licence holders who do not pay the renewal fee within 28 days after the expiry date will pay a surcharge not exceeding 25% of the renewal fee for every month, or part of a month, that the renewal is not paid. We can assist in ensuring that your renewal fee will be paid on time.
    When should I arrange for the annual renewal of BVI company after it is incorporated?
    If your BVI company is incorporated in or before June, it should be renewed before May 31 each year to ensure its legal status and recognition. Whereas BVI company incorporated from July to December can be renewed before November 30th each year.
    When should I arrange for the annual renewal of the Cayman company after it is incorporated?
    The renewal date of the Cayman Islands company is December 31. You have to pay the renewal fee by January 15 (both dates are inclusive). 
    Does the BVI or Cayman company need to have a tax registration certificate?
    Since these territories are exempt from taxation on any business activities and business activities that are not carried out locally, companies established in the British Virgin Islands or the Cayman Islands do not have a tax registration certificate.

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