Accounting, Audit & Tax Awards 2017

8 Acquisition International - Accounting, Audit & Tax Awards 2017 Best Tax Consultancy Services Provider - South East Asia Cañete Tax Consultancy Services Cañete Tax Consultancy Services supports clients across the tax spectrum, with everything from tax management, research, tutorials and planning through to operations and compliance audits as well as analysis of business transactions for tax purposes and review of tax returns and analysis of financial statements. Regularly the firm provides free tax advice, with the majority of its clients paying for Elsa’s expertise and training, as she explains. “Here at Cañete Tax Consultancy Services our mission is to have satisfied clients with substantial tax compliance. To achieve this, I implement a rigorous process right from the very start: I determine the scope of the work, review the available documents in the possession of clients and examine the complexity of tax problems as a tool. I use this information to develop a fee structure that is both fair and accurate. “My services are promptly delivered to clients; tax advice is usually given for free. It is my training and support that keeps clients coming back; I see to it that they understand the legal basis, process, procedures and tax consequences of business transactions.” In order to offer the very highest standard of service, Elsa hires the very best employees on the market, as she is keen to emphasise. “Staff are vital to ensuring that clients receive the very best service possible, therefore my employees are regularly trained how to deliver honest and prompt services to clients. Junior staff are supervised by qualified senior officers who are Certified Public Accountants. I only hire the very best and my salaries are higher than average in both the region and industry so that I attract the best talent on the market. “Fundamentally, Tax services pose a lot of risks to both clients and services provider. At Cañete Tax Consultancy Services, we manage this through the constant training of our staff and by undertaking research into new laws, rules and regulations of the country. It is only then that we can deliver a prompt and accurate service.” Looking ahead, Elsa foresees increased demand and therefore is constantly seeking to build upon her current success and provide clients with the services they need, as she proudly concludes. “Currently tax services are increasingly in demand because of tax authorities imposing stricter rules and requirement of numerous reports. As such, clients’ needs are constantly evolving, and therefore I improve my services by investing in new technology, tax library, data base system and increased network in the business communities. “Additionally, with the global trend in making business, taxation of goods and services consumed increasingly regulated, clients are finding these areas ever more complicated, therefore I am keen to offer a wider range of consultancy services. As such I regularly attended international conferences on transfer pricing in order to stay at the forefront of emerging developments in the sector, and am the author of the book “Basic Transfer Pricing” in the Philippines. Transactions involving cross-border transactions and related party transactions offer a lot of opportunities for tax consultants to serve the need of clients in these area. “Another key development I foresee is a growing demand for the preservation of business intangibles. To this end I undertake research on valuation and taxation of intangibles and soon publish it as a textbook. Recently, I attended the World Intellectual Property Office (WIPO) International Conference on Building Respect for Intellectual Property held in Shanghai, China last November, 2016. In the past, I saw a lot of problems confronting my clients in this area but was helpless as to how to assist them. Overall, I believe that protection, valuation and taxation of Intellectual Property is a broad avenue for tax services in the future.” Cañete Tax Consultancy Services is a Philippines based tax consultancy firm offering a wide range of services. We invited Elsa Cañete to talk us through the solutions the company provides and how it aims to offer the very highest standards of service to its clients. Company: Cañete Tax Consultancy Services Name: Elsa M. Cañete Email: [email protected] Web Address: http// canetetaxconsultancy.weebly. com Address: Mezzanine Floor, RGH Building, No. 3 Timog Avenue, Quezon City, Philippines. Telephone: 4485103, 2815500, 410,8797, 4108763 “In order to offer the very highest standard of service , Elsa hires the very best employees on the market, as she is keen to emphasise.” HF170019