3E Accounting Pte Ltd is Happy to Welcome Elite Accounting Services Limited as our Kenya-based Alliance Partner
Elite Accounting Services Limited, a partner of 3E Accounting Pte Ltd, is an excellent team of accounting, tax, and financial advisory experts that is putting the clients’ needs first and foremost. It is the firm’s mission to elevate the business performance of its clients by providing top-notch financial solutions, review, and overall services.
The Elite Accounting Services Limited‘s senior consultant is Caroline Ntinyari, a certified public accountant. She has experience of over 15 years in the field of accounting and tax.
Another certified public accountant, Alfred Nzau, is the lead consultant of the firm. Holding a degree in Bachelor of Commerce, Nzau has mastered his expertise in accounting procedures, tax laws, and business support services.
The services by the company can be categorized into three: bookkeeping and accountancy services, internal audit, and tax.
Bookkeeping and Accounting Services
The accountants at this firm are taking on different tasks, which is necessary given that the financial field is a wide arena. Among these is general ledger maintenance, accounts receivable services, accounts payable services, ageing reports and summaries, bank reconciliation, asset and equipment ledger maintenance, trial balance services, and financial statements preparation.
Internal Audit
The firm is providing a systematic evaluation of the company’s overall operations. By doing so, Elite Accounting Services is determining the compliance of the clients and their internal control, along with the effectiveness of the policies and practices being implemented.
The internal auditors are reviewing the following:
- financial and operational information
- process of protecting assets
- consistency of the operations with the company goals and objectives
- accuracy and completeness of system documentation
Tax
Elite Accounting Services has over 15 years of expertise in the field of taxation. With this, the company is assuring that their clients can comply with the tax submissions in a timely fashion. It also helps clients in acquiring tax compliance certificates, tax planning and advisory services, and tax compliance reviews, among others.
What to Expect When Doing Business in Kenya
In Kenya, investors are reaping the most benefits from its vibrant services and agriculture sectors.
The country’s exports are mainly composed of tea, coffee, horticulture, and tourism. With this, Kenya is seeing agriculture as the major contributor to its economic growth.
At the same time, Kenya is considered to have the most advanced manufacturing and financial sectors in east Africa.
Amid the coronavirus pandemic, its government is showing a great deal of effort to keep the businesses running across the country. The Kenyan government has been proving that it can overcome every challenge.
Apart from the pandemic, the country is also dealing with climate change, poverty, and poor private sector investments, among others.
Is Kenya a Viable Investment Destination?
The World Bank is still giving its confidence toward Kenya despite the challenges brought about the coronavirus pandemic to the global economy.
It believes that the country still has the potential to be harnessed. Why? Kenya has a young and growing demographic and skilled labour force. At the same time, the government is implementing initiatives to attract more investments.
What Are the Other Perks of Doing Business in Kenya?
Investors are drawn to Kenya because of the following reasons:
- The country has many business opportunities for diverse investors.
- English is widely spoken in the country, easing communication among foreign investors.
- Investors are finding it easy to strengthen personal and business ties given that you follow local culture and customs.
- Investors are finding it flexible to invest in Kenya because there is no limit to foreign ownership in incorporated companies.
- Investors are confident with the registration process of business.
- Kenya has 43 licensed commercial banks.
- Investors are considering these things when they are putting their money for a business in Kenya.
3E Accounting Services and Elite Accounting Services Limited can help your business today.
