Consulting

Organisations performing at their best are swift to respond to opportunities and challenges. To make the right decisions, they require sharp insight into trends. To be ready, they must see their resources and risks clearly.

At AsProf Consulting, we help businesses improve performance by giving them the complete picture. To do so we combine strategic commercial thinking with precise, hands-on experience of processes, assets and people.

Effective accounting is essential when planning ongoing business growth and navigating the road to financial stability. While admittedly, for many individuals accounting is unenjoyable, a lack of attention to accounting practices and financial planning is causal in the failure of numerous companies and ventures, as it quickly lends to poor cash flow management and an inability to cover tax payments.

AsProf Consulting provides qualified accounting services to assist in maintaining simple, straightforward records to manage daily cash flow, simplify invoicing, bills and expenses, complete payroll requisites, and ensure accurate tax returns are submitted when they are due. Our experts will define the optimal banking and booking keeping structure and recommend accounting software that suits the changing needs of your business.

Bookkeeping Services

 is an essential function of any business organisation which allows businesses to capture data on a timely and an accurate basis. This in turn, enables the firm to prepare financial information and analysis to provide reliable and accurate data of business performance to the management in order to facilitate informed decision making.

There is also a mandatory requirement for all businesses, to fulfil the obligations imposed by:-

  • İncome
  • Customs & Excise (for VAT purposes)
  • Company Law (for a limited company or an LLP)

 

But also it is essential in order to:

  • Track all your income and expenditure, and control your debtors and creditors.
  • Provide management information for you and your bank manager.
  • Enable you to make management decisions and plan for the future.

How we can help

AsProf Consulting can save your time and money, and take away the worry of whether this is being carried out properly or not.

We can deal with all aspects of your accounting and bookkeeping requirements. In addition to preparing your management accounts we will interpret the information provided and

 

Personal & Corporate Taxation

AsProf Consulting provides the full spectrum of tax advice to both corporate and private clients. We possess the expertise and in-house systems to ensure that you and your business are compliant with all current legislation.

 

Accounting Advisory Services

 

We offer a broad range of tax advice services . AsProf Consulting staff are trained specifically towards accounts (Accounting Advisory Services / Financial Advisory Services / Business Advisory Services) production in a cost efficient manner and to be aware of and sympathetic to the needs and problems of client businesses of any size, without compromising quality and adhering to the highest standards that the firm subscribes to.

Our aim is to provide more than just the preparation of annual accounts and consequently each client is encouraged to visit our offices to discuss their annual accounts and review both, all possible tax planning opportunities and performance enhancing measures that can be made to both the business and the accounting records and system.

The Accounting teams work closely with the tax team to review any tax planning opportunities and to ensure they have the necessary information for the preparation of the annual tax returns.

 

How we can help

AsProf Consulting can produce your year end accounts quickly and efficiently in order to comply with the requirements of the statutory authorities (and avoid all potential penalties) or even provide more in depth analysis if you wish. Whatever format your accounting records are in, we can turn them into compliant financial accounting statements for you, for the authorities and for any third party.

Legislation governing this area is extremely complex and ever-changing – but the failure to comply, risks penalties being imposed. AsProf Consulting can save your time and resources by providing the following services

Visa support, including examination of compliance of documentation and application procedures;

Labor pass arrangement, including examination of compliance of documentation,  development of justifications required by the legislation, translation of required documents, preparation of documents for notarial acts and payment of notarial charges, clerical services;

Temporary residency arrangement including examination of compliance of documentation, translation of required documents, provision of medical examination required by the legislation, clerical services.

HR support, including filling the forms necessary for legalization of local employees and submitting the forms to relevant authorities.

Existence of large number of insurance companies in local market offering different services creates uncertainty in selecting proper insurance provider. AsProf Consulting will assist you to select proper insurance provider and decrease your insurance expenditures. While selecting the insurance company AsProf Consulting consider the following criterias:

Financial stability of insurance provider;

Professional capability of insurer’s management and staff (underwriting and lost management staff) and their communication skills; 

Ability to conduct agile and adequate tariff policy;

Available reinsurance contracts with reliable reinsurance companies.

 

Our consultants provide focused, practical advice to individuals, families, entrepreneurs, corporations, limited liability companies.

If you are starting a business, we can advise you on choice and formation of business entities. We can assist in the negotiation and documentation of relationships among founders, shareholders, employees and other stakeholders.

  • Incorporations of companies

Advising on the legal requirements for establishing limited liability and joint venture companies, branch offices, and agencies in Azerbaijan.

  • Tendering

Study and analysis of local and international tender documents for industrial and construction projects as well as supply contracts. Advising and drafting legal and commercial reservations to minimize legal and commercial risks.

  • Preparation of contracts

Expert advice, negotiating and drafting international contracts, including contracts for industrial projects, agency agreements, pre-bidding agreements, technical assistance agreements and related documents.

  • Corporate services

Expert advice on merger and acquisition as well as support in development of prospectus for issuance of debt securities and shares.

  • Understanding the organization, the structure, the context of each role holder and the requirements.
  • Advertising the jobs on a variety of media.
  • Sourcing candidates through multiple channels.
  • Receiving and screening applications sourced through all the channels
  • Coordinating interviews and any other steps in the selection process with shortlisted candidates.
  • Working with client teams for issuance of offer letters to successful candidates.
  • Negotiating offers with the candidates.
  • Engaging offered candidates till their successful legalization and joining.