We are a leading firm in assurance, tax, strategy and advisory services in Maldives
Audit & Assurance service
Equipped with state-of-the-art tools and techniques, our highly trained team evaluates potential opportunities and threats to provide efficient auditing and assurance services. We assist our clients in designing systems with proper internal controls to adopt better future-oriented strategies. We understand that auditing is more than just presenting accurate figures; it is an ongoing process.
Our firm has a specialized IFRS (International Financial Reporting Standards) technical team dedicated to applying current practices accurately to the Maldivian market. Additionally, we have developed an in-house risk assessment team that evaluates the risk levels of our audit clients and supports the planning, execution, and review of audit engagements.
Tax service
Our tax advisors have worked with the Maldives Inland Revenue Authority (MIRA) and are well-versed in domestic tax legislation as well as the complexities of international tax. This expertise enables us to ensure that our clients’ financial and commercial transactions comply with all applicable tax laws.
To provide the most comprehensive tax services, we have formed strong strategic alliances with a prominent law firm in the Maldives. This allows us to offer a wide range of services to help our clients with strategic tax planning and structuring their businesses in the most tax-efficient manner.
Our services include:
- Statutory tax reporting
- Strategic tax planning
- Transaction tax advisory
- Assistance in transfer pricing and international tax matters
- Assistance during tax audits and investigations
- Technical support for tax objections and appeals
- Tax compliance audits and reviews
- Tax due diligence services
- Client representation
Advisory Services
Our Business Advisory Department is well-equipped to meet the day-to-day requirements of our clients. We offer multiple services to help optimize their business objectives.
Our business process outsourcing unit is prepared to handle bookkeeping, human resource management, data management, and accounts maintenance for SME businesses. This allows our clients to focus on achieving their key objectives without being burdened by administrative tasks.
We take pride in our advisory team, which provides innovative and advanced services such as Performance Improvement, Supply Chain Optimization, and Value Transformation and Digitalization.
Our Internal Audit and Process Improvement department is a core strength of our firm, delivering exceptional services even in the most challenging circumstances
Transaction and strategy services
What we deliver as Transaction and strategy service:
Our clients benefit from personalized services, access to extensive intellectual capital, broad relationships, and top-tier solutions to drive growth strategies tailored to their buy-side M&A needs.
Our approach allows us to address the specific mergers and acquisitions requirements of our clients. We offer custom-tailored transaction and strategy services, including raising capital, optimizing capital, and enhancing capital performance. Our experienced team manages transactions with precision, ensuring the buyer’s or seller’s position is secure throughout the transaction lifecycle.
Our business valuation and modeling team is well-equipped to meet market demands. Over the years, we have developed a proprietary valuation model for the tourism sector in the Maldives. We follow an integrated approach, collaborating closely with the Royal Institute of Chartered Surveyors (RICS-UK) to conduct complex valuations and achieve the objectives of our clients.
We offer transaction and strategy related service as summarized below
Buyer protection services
- Buy side financial due diligence
- Operational due diligence
- Working capital due diligence
- Assist to negotiate terms of transactions
- Value creation and synergy creation services
Seller protection service
- Sell side financial due diligence
Valuation and business modeling
- Financial feasibility studies
- Business valuation and modeling services
- Minority exits valuations
- Impairment assessments
Corporate restructure and strategy
- Prepare project financing proposal
- Prepare loan syndication and reschedule proposals
- Integration strategy and value appreciation services
- IPO reediness services
- Balance sheet restructure
