With globalization comes a complex maze of international tax laws and regulations that companies are required to comply with to ease the global operations.
SAS is a proficient firm in international tax advisory services and international tax consultancy services. We, at SAS, help the organizations with compliance with the prerequisites of international taxation principles, analyze the costs and benefits associated with geographical expansion for the clients, and advise them accordingly. Whether you are a foreign organization, intending to expand in Ghana, or vice versa, our team of tax advisors, can aid you in strategizing for these initiatives. We assist with compliance in tax reporting obligations, tax strategy assessment, and advance ruling. We undertake a re-evaluation of the existing transfer pricing policy, and a review of financial and operational structures. We also help clients with other international tax services to ensure tax-efficient operations and reduction in overall tax burden.
Tax strategy
Determining the tax strategies for foreign businesses looking to expand in Ghana or Ghanaian companies intending to set up operations in foreign shores is a critical task. Our professionals are equally good at inbound business structuring and outbound business structuring. Our team of expert international tax consultants supports the clients in these operations through global investment structuring, IPR holding structuring, and cross-border restructuring.
Apart from the above, we also guide on matters related to expatriate taxation, Double Taxation Avoidance Agreements (DTAA), General Anti-Avoidance Rules (GAAR), obtaining tax residency certificates, international mergers & acquisitions, and transfer pricing as a part of our international tax services.
GLOBAL INVESTMENT STRUCTURE
Businesses may consider different types of changes in their transactions to achieve tax efficiency and optimization. Some of these transactions include restructuring, an IPO, strategic alliances, expansion, divestment, group reorganization, and others. SAS’s team of international tax advisors identify the critical tax considerations in such transactions to attain benefits for the clients in such outcomes. They take a global approach to such decisions and advice accordingly on the strategy and business decisions that the clients must adopt and implement. Our team has proven experience in handling internationally-relevant deal structuring and local tax jurisdictions. Furthermore, they have the required dedication and professionalism to recommend the most appropriate choices and actions for achieving the business goals in the most tax-efficient ways.
IPR HOLDING STRUCTURE
When an organization acquires Intellectual Property Rights (IPR), it generally creates a separate holding company to separate its operations from the existing arms and subsidiaries and commercialize it differently. Such independent companies enable asset protection and better exploitation of possible benefits. Our tax services aid the clients in processing the structuring of these IPR holding companies. We provide required advisory services on taxation strategies to get the benefits out of tax havens or otherwise. Our tax consultants identify the tax-efficient environments or jurisdictions for better management of these separate companies and avoidance of the application of the tax to royalty income generated from licensing IP. Our specialized skills, combined with the best practices of our tax team, provide one of the best IP tax planning such that it aligns with your business goals.
CROSS-BOARDER RESTRUCTINING
An organization’s insolvency process makes the restructuring difficult and complicated; more so when the business is multi-jurisdictional. Planning the tax implications is a critical area of such transactions. SAS’s cross-border restructuring tax experts use the best practices of domestic and foreign insolvency proceedings of companies with multi-jurisdictional operations. They devise the best tax strategies to handle the cross-border restructuring outcomes.
Planning & Advisory
As tax advisors and consultants, our team renders all kinds of tax planning and advisory services to the clients in international tax-related matters.
Pre-transaction advisory
Our expert team’s bespoke advice in all areas of taxation enables our esteemed clients to make proper, informed decisions wherever required. Our international tax services include advisory on:
Foreign exchange regulations advisory
Our team of tax consultants provides relevant advisory services to companies regarding the handling of foreign exchange transactions for all inflow and outflow of currency. SAS helps its clients in settlement of funds in Ghana or outside the country, especially in those foreign exchange transactions where permissions are required. Our tax consulting services include advisory on foreign exchange transactions as per the provisions of the Foreign Exchange Act 2006 (Act 723):
Expatriate arrangement structuring
Multinational companies send their employees to other countries for handling the operations there in one of their group companies. Depending on the countries where the ex-pat is posted and the domestic company’s presence in the posted country, different ex-pat assignments require different structuring. The tax experts at SAS help the clients in structuring such arrangements for setting up the entities and complying with the immigration, employment, and taxations regulations.
Tax transparency becomes difficult in the case of international tax matters. SAS’s team of reliable tax compliance professionals ensures compliance with global tax systems, smooth exchange of financial information related to tax, prevent offshore tax evasion, and hence increase tax transparency. As a part of our tax services, we understand the company structure to determine the applicable exemptions and obligations. We also complete any requirement of registration or notification to local authorities, review of documents, review of the relevant policies to ensure compliance in the respective jurisdiction, and preparation and filing of returns as required.
