ACCOUNTING

Our accounting team provides a comprehensive range of packages, ranging from a basic bookkeeping package to a full accounting package. We use an accounting software to process all accounting transactions. Outsourcing your accounting and client reporting to LMS, will lift the burden of meeting statutory requirements for your company and allowing you to focus only on the strategic decisions.

Our accounting services include:

1. Bookkeeping
2. Preparation of management accounts or quarterly accounts
3. Preparation of groups accounts
4. Prepare the annual financial statements in accordance with International Financial Reporting Standards (IFRS)
5. Liaising with auditors and managing the audit process
6. Filling the statutory accounts and returns in compliance with local requirements
7. Budgeting and financial forecasting
8. Preparation of monthly/quarterly surveys mandated by the Financial Services Commission

 

PAYROLL

Payroll is becoming increasingly complex with frequent changes in local regulations and close monitoring by tax authorities. Our services include the administration of payroll for local employees, assignees, executives, and board members. We ensure accurate and timely processing of payroll for your domestic workforce.

Our team can assist you with:

• employer registration with the Mauritius Revenue Authority (MRA)
• calculation of monthly payroll including calculation of CSG/NPF
• issuance of monthly pay slips
• EDF and statement of emoluments
• Assistance for individual income tax declaration
• PAYE returns and CSG returns