Based on 1 review
Reliance Consulting is a business services firm based in Bangkok, Thailand, operating as a member firm of Santa Fe Associates International (SFAI). The company was established in Singapore in 2010 and now provides a full suite of corporate services including company registration, auditing, accounting, payroll outsourcing, and corporate secretarial work. They offer services in both Thai and English to help local and multinational firms operate efficiently in the region.
The firm is located at Level 31, G Tower, 9 Rama IX Rd, Huaykwang, Bangkok 10310, Thailand. Their office space and virtual office solutions are designed to address workspace requirements so clients can launch their business immediately. This central location in Bangkok allows them to serve clients across Thailand while providing registered business address options for those who need a local presence.
Clients can book a call back appointment by filling out the form on their contact page or by calling their English-speaking team at +66 (0) 20 263 637. The office is open from 8:30 AM to 6:00 PM, Monday to Friday. They also accept requests for a call back via their website to ensure a friendly consultant gets in touch with potential clients.
The audit process begins with a risk assessment approach to select which areas to audit based on factors that may affect business activities. The firm estimates the auditing process will take at least 5 to 15 working days, with reports issued around 1 to 2 months later. Clients must provide documents such as bank statements, stock cards, inventory, and previous annual audits to complete the process.
Reliance Consulting claims a 95% financial reports accuracy rate and a 100% on-time tax returns filing rate. They also state that their accounting services help clients save 25% on annual tax liability through optimized tax planning strategies. These metrics are highlighted to demonstrate their commitment to accurate and timely financial management.
The firm helps clients navigate the Latest Update regarding TFRS for NPAEs, which became applicable from 1 Jan 2023. They assist companies in dealing with changes in Section 28, transitional provisions, and the retrospective application of new accounting policies. This ensures compliance with the dynamic business environment and revised Thai Financial Reporting Standards.
The firm offers a comprehensive suite of services including withholding tax, company registration, and business license application. They also provide work permit and visa assistance to streamline the application process for legal operation in Thailand. This full-spectrum approach aims to make running a Thailand business hassle-free.
Reliance Consulting emphasizes that accurate accounting reflects proper legal management and lessens the risk of fines from local authorities. They help businesses manage stable operations and respond quickly to issues without second-guessing decisions. This focus on compliance and stability is central to their value proposition.
The firm sets up accounting software like QuickBooks and customizes financial categories to track budgets effectively. They create reliable processes from Day 1 to ensure readiness for future audits. This includes reconciling bank accounts monthly to match book numbers with actual bank balances.
Reliance Consulting aims to be the most reliable, service-oriented, and results-driven provider of business and financial assistance. Their company philosophy is anchored on building a solid and fruitful relationship with every client. They strive to deliver world-class advice and support to address diverse business needs.
The firm provides expert company secretary specialists to manage business and compliance needs proficiently. They customize their secretarial services to meet requirements regardless of the business scale or type. This ensures that all corporate governance obligations are handled with expertise.
The official website of Reliance Consulting is relianceconsulting.co.th.
On Trustburn, Reliance Consulting has a rating of 1 out of 5 based on 1 review.
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I had a rather underwhelming experience. The communication felt a bit disjointed, and the solutions provided seemed more generic than tailored to my needs. I expected a deeper engagement and more innovative strategies. It was a bit challenging to navigate through the process, and ultimately, I didn't feel like my vision was fully understood or realized. 🤔💼
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Reliance Consulting Co Ltd, based in Thailand, a member firm of international accounting network firm of Santa Fe Associates International (SFAI), specialized in providing business services which includes auditing, accounting services, withhold tax, company registration, payroll outsourcing, corporate secretarial and business license application.