RMS Accounts & Tax Consultants

nce in diverse industries including textile, construction, hotels, software, retail, manufacturing, financial services and charity.


✔️SERVICES
Services are provided by
Services are provided by RMS through an organisational structure intended to promote expertise in all disciplines practiced by the firm. All services are performed using methodologies and best practices in accordance with applicable Standards. This is achieved through continuous training of staff, on the job training, regular updating and the use of the latest information technology. Service Levels are closely monitored and reviewed periodically with clients.


✔️PARTNER
Shilaj Lokusuriya MAAT ,CBA
The Director for Riston Management Services is an Certified Business Accountant of the Institute of Chartered Accountants of Sri Lanka and he is a Member of Association of Accounting Technicians of Sri Lanka. He counts over fifteen (15) years of experience in Company Secretary , Accounting, Finance and Management Consultancy Services in the private Sector.

✔️INFORMATION SECURITY
Our Partners and staff members are extremely trustworthy, loyal and committed resources and we have a high degree of confidence in every one of them. We have experience in handling work of an extremely sensitive nature for our existing clientele including Payroll and hence is well experienced in maintaining confidentiality and handling work with a high degree of care.


✔️Company Secretarial Servcies
Our company secretarial services ensure that, our client’s businesscomplies with all legal and statutory requirements that are applicableand mitigate client’s time and burden to keep up with the multitudesof statutory records. Our Services Includes I. Company Incorporation
II. Company dissolution and liquidation
III. Company mergers and amalgamations
IV. Branch registration and compliance services
V. Annual compliance services including preparing & filing annual returns
VI. Convening and handling board/ shareholders’ meetings
VII. Attending to formalities for the fulfillment of requirements laid down in the
Companies Act
VIII. Providing a registered office for companies for statutory registrations
IX. statutory registers maintenance
X. Preparing resolutions
XI. share transfer/allotments/ buyback managing
XII. Managing bonus/ right issues


✔️Tax Advisory
Sri Lankan taxable persons are often plagued with worries involvingtax compliance and ensuring that all tax forms are filed, and paymentspaid to the respective authorities basis the prevailing tax laws. Weprovide these tax consultancy and compliance services understandingthe diverse taxation systems and offer the best solutions in estimatingvarious tax liabilities, paying them on due dates and filing tax returnsquickly with zero hassle for the taxable persons
OUR TAX AREAS

Strategic Tax Planning and Compliance Reporting
*Direct tax Compliance for corporate, non-corporate andindividual.
*Indirect tax compliance. Corporate Tax Advisory

*Review of transaction for tax optimization and applicable taxrelief Group tax
efficiency review.

*Tax planning and advice on,
*Corporate restructuring
*Tax efficient business financing
*Tax efficient treasury and cash management
*Capital allowance and expenditure decisions

Individual Tax Advisory
*Efficient structuring of employee remuneration and benefits inkind
* Advice on structure and contracts for cross border employments
* Registration with tax authorities & employee share optionschemes.

✔️Business Outsourcing

*One of the most important activities in any type of businesses is to keep proper record on the financial transactions, routine or occasional with adequate references to supporting documents on a very timely basis, based on which periodic financial reports are prepared for management purpose which underpins decision making process of the business and compliance with regulatory requirements.

*All of these services are done through computerized accounting packages and work can be completed at your premises or remotely at your discretion and includes;

*Preparation and maintenance of all Accounting Records such as source documents, primary books and sub ledgers etc, in a particular way based on which summaries, breakups, analyses or reference can be easily done at any given point of time. Preparation of periodic Management Accounts timely and accurately in a client specific format or otherwise beneficial to client under any circumstance or deadline.

*Financial statements and other financial/accounting reports are the tools of revealing the Health of a Business.

*Most of us know almost nothing about accounting from experience. However, you have to know something about accounting if you want to understand the business. It is almost impossible to run a business effectively without being able to prepare, read, understand and analyze financial statements and other financial/accounting reports. We do provide all of your Accountancy requirements efficiently and effectively including;

*Preparation of Annual Financial Statements, based on the all applicable accounting standards and laws and regulations for publication purpose or any other purpose such as income tax purposes, internal management purpose, bank loans purpose etc,

*Preparation annual or periodic budgets for internal management purposes and update them periodically.

*Preparation of variance analysis reports by comparing actual results with budgets/plans and commenting on the factual findings for management action and provision of other cost/management accounting services.

*Any other financial reports that management of a business requires time to time in their decision-making purpose.


✔️What we do for you?
▪️Implement segregation of duties
▪️Make sure transactions are authorized
▪️Ensure records are routinely reviewed and reconciled
▪️Make certain that equipment, inventories, cash and other property are secured physically
▪️Provide employees with appropriate training and guidance
▪️Document policies and procedures

✔️Contact Us

Head Office No 202/A, Alawathugoda Estate, Puwakwaththa, Dharga Town. Sri Lanka
Contact No +94 77-9947204, +94 342272529
E-mail [email protected]