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A partial list of the services provided by Temmes Management Services is as follows:
Accounting and Tax Services
- Maintain the books and records
- Prepare monthly calculations of intercompany loans including tracking of loan activity, interest calculations and foreign currency calculations
- Prepare monthly journal entries and financial reports and submit electronically using U.S. GAAP, local GAAP or IFRS
- Prepare annual statutory accounts
- Prepare income tax, payroll tax and VAT returns
- Respond to requests related to FIN 48 and Sarbanes-Oxley
Corporate Services
- Incorporate new legal entities
- Participate in the implementation of cross-border mergers, acquisitions and reorganizations
- Provide registered office
- Identify suitable candidates to serve as resident directors
- Organize board and shareholder meetings and draft minutes
- Maintain shareholder register and trade register
- Provide corporate governance services
Management Services
- Identify suitable candidates to serve as manager
- Locate suitable office, furniture and equipment
- Provide business cards, nameplate and stationery
- Manage day-to-day operations
- Handle all incoming and outgoing correspondence
Treasury Support Services
- Open and operate bank accounts
- Assist with cash management including cash pooling and intercompany netting
Other Services
- Assist with reorganization and legal entity reduction initiatives
- Coordinate with company’s attorneys, auditors and tax advisors
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