Our Services
ACCOUNTING
We offer a dedicated team of qualified and trainee accountants to assist with your accounting requirements. Our professionals prioritise compliance with international accounting standards to ensure accurate financial reporting. We provide tailored monthly management reports that include financial data, corporate governance, and tax reporting. Our accounting services also include formal Annual Financial Statement preparation in compliance with local and international accounting and statutory requirements. With our accounting services, you can focus on growing your business while we take care of the financial reporting.
TAXATION
Don't let tax get you down. We strive to make the most of the tax law environment to achieve efficient taxation for individuals and legal entities, including Companies, Close Corporations, Trusts, and Clubs.
Our qualified and competent team of tax professionals can provide once-off services or retainer taxation planning and management services tailored to your specific needs. We're here to assist you with:
Fast and effective VAT, PAYE, Income Tax, and Import Tax registrations
On-time submissions of VAT, PAYE, Income Tax, and provisional tax returns
Review and adjustment of VAT, PAYE, and Income Tax returns in compliance with taxation laws and regulations
The initiation and management of objections and appeals
With our tax services, you can rest assured that your taxation affairs are in good hands, allowing you to focus on what you do best - running and growing your business.
SECRETERIAL
We know that the secretarial function is a crucial part of starting and managing a business. We offer fast and efficient secretarial services tailored to meet the needs of our clients, ensuring completeness, accuracy, and compliance.
Our approach to the secretarial function is designed to help you maintain control over your business, ensuring that your company complies with all relevant regulations and legislation. Trust us to take care of your secretarial function so that you can focus on running your business. For more information on the impact of the secretarial function on the internal control environment, see our Corporate Governance services.
PAYROLL + HR
We know that the Human Resources function is crucial to the success of any business. That's why we offer a comprehensive range of Payroll and HR services to help you manage your HR function effectively.
Our team of Accounting, Financial Management and Taxation Professionals are uniquely qualified to handle your HR function. We offer monthly payroll services, including preparation of payslips and reporting to regulatory authorities such as SARS and the Department of Labour. We also provide individual salary structuring to help you get the most value from your salaries.
We can help you implement efficient HR procedures to ensure complete, accurate, and quick payroll data availability, while minimising regulatory risks. Additionally, we offer assistance with administrative issues such as employment agreements and disciplinary codes that are applicable to your business. Trust us to help you manage your HR function, so you can focus on running your business.
FINANCIAL MANAGEMENT
Financial Management is the backbone of any successful business, and at Profentum, we take it seriously.
Our goal is to integrate all the financial functions of your business into a sound financial management structure that is both efficient and effective. We create bespoke reporting mechanisms to give you the information you need to make optimised business decisions. We also manage your Accounting and Taxation functions to build your Balance Sheet to an optimised position.
We carefully review and analyse data from all functions before presenting it to you in a clear and concise manner. In addition to financial results, we also focus on the soft, non-financial KPIs that are important for good corporate citizenship.
We're committed to helping your business achieve sound Financial Management.
ESTATE PLANNING + ADMINISTRATION
Estate planning is a crucial aspect of financial management, especially since estate taxes are levied on the value of your estate after you pass away.
We provide smart tax planning and administration services to efficiently manage these taxes to your advantage. Our team of Accounting and Taxation professionals are uniquely equipped to handle Estate Planning and Administration, including executor functions when necessary. In addition, we have established partnerships with experienced attorneys who can provide legal support during the administration process.
CORPORATE STRUCTURING + GOVERNANCE
We have extensive experience and expertise in various industries and company sizes, which makes us an ideal partner for planning and implementing corporate structures. We can help with:
Mitigating risks through business and company structures.
Creating tax efficiencies through diverse tax planning and corporate structures.
Evaluating business division efficiencies and increasing synergy.
Structuring to increase the availability of corporate finance.
Structuring to assist with mergers and acquisitions.
In addition to the above, we also focus on strengthening the internal control environment of businesses through risk identification processes and the implementation of internal controls. We can prepare Policy Manuals and Standard Operating Procedures to assist clients with long-term sustainability.
THE ALL-IN-ONE
The "All-In-One" service is the consolidation of all of our high-quality skills, competencies, and vast experience. This comprehensive service provides clients with perpetual support in accounting, taxation, and financial management to ensure compliance with laws and regulations, effective accounting, and consistent tax planning and reporting. We also perform perpetual review, testing, and implementation of internal controls, and provide high-level reporting on a weekly, monthly, and annual basis. Our aim is to deliver ultimate financial management, and we do not provide assurance services as part of this package.
ASSURANCE
We provide formal independent review services in accordance with International Standard on Review Engagements (ISRE) 2400 (Revised), as well as Agreed Upon Procedures in accordance with the International Standard on Related Services (ISRS) 4400. These assurance services help provide greater confidence and credibility to the financial information provided to stakeholders, and ensure that financial reporting is in compliance with applicable accounting standards and regulations.