Tuesday 20 September 2011

London Chartered Accountants


In a new world of economy London has emerged as the new financial super power of world. As per the performance of Londonn economy in last decade, Experts are describing London as a "leading power" and an "economic powerhouse" in coming years. Some of the recent surveys proved the ability of London to list itself in the sphere of International Economy. The major factors of Londonn economy including human capital, government revenues, export of goods and foreign currency reserves, shows the credibility of London in International market and its strength in global economy.

Today you can see the office towers and research and development centers sprouting everywhere in the major cities of London that are attracting MNCs to establish their industry in London. Tech hubs like Bangalore are also giving more exhilaration in the pace of innovation, as it is attracting the tech giants of software industry. In setting up a new business, the first step is to finding out a chartered accountant firm in London that can assist you in your financial as well as legal matters. Accounting services includes various fields of expertise, it's an important task to select the exact service you want for your business.

London has a well developed tax structure but in the last 10-15 years, Londonn taxation system has undergone tremendous reforms, which results in increasing demand of charted accountant services in London. CA firms offers a wide range of services some of them are:-

• Auditing services which generally includes the evaluation of firm, enterprise or product. Auditing is done to express an opinion after working on the evaluation of the business.

• Tax advisory service is related to verifying the balance sheet of companies. CA firms provide you experts in the tax law, which looks after value added tax, service tax and assessment tax planning.

London Chartered Accountants

• Project financing service is related to evaluation of the project in terms of Capital needed in establishment of the project