Corporate Governance and Compliance

We are committed to upholding the highest standards of corporate governance and compliance.

  • Home
  • Corporate Governance and Compliance
VAV Consultants since 1995

Our corporate governance and compliance services are crucial aspects of running a successful and ethical business for our customers.

explore our services
1/ Tax Compliance
2/ Tax Function Operations
3/ Payroll & Compensation
4/ Corporate and Commercial law
5/ Labor and Employment law

Tax Compliance

Tax compliance refers to the process of adhering to tax laws and regulations set by relevant authorities. Compliance is crucial at multiple levels local, EU and international – each with its own distinct regulations and requirements.

Legal Necessity: It's legally obligatory, failure to do so can result in audits, fines, and penalties.
Managing Reputation: Non-compliance can affect trust among investors, vendors, and customers.
Corporate Social Responsibility: Voluntary compliance shows a company's commitment to societal goals.
Business Growth: Consistent compliance helps in building reliable tax forecasting mechanisms, facilitating business growth and expansion.

Tax Function Operations

Your tax function isn’t just about compliance; it’s a goldmine of strategic insights. TFO is the key to unlocking that potential, turning a necessary obligation into a competitive advantage.

Increased Efficiency: TFO streamlines your tax processes, automating repetitive tasks and eliminating bottlenecks.
Reduced Costs: TFO can significantly reduce your operational costs.
Improved Accuracy: Automation and data validation tools minimize the risk of errors, ensuring accurate tax filings and reducing the likelihood of costly penalties.
Proactive Tax Planning: TFO enables you to move from reactive compliance to proactive tax planning.
Strategic Advantage: TFO transforms your tax function from a cost center to a strategic asset.

Payroll & Compensation

We handle everything from calculating wages and taxes to generating reports and managing employee benefits, so you can focus on what matters most – growing your business.

Accurate and timely payroll processing.
Tax calculation and filing.
Employee self-service portal.
Detailed payroll reporting.
Benefits administration.

Corporate and Commercial law

We understand that legal decisions have financial implications, and financial decisions have legal ramifications. That’s why we offer integrated solutions that consider both perspectives, ensuring your business is protected and optimized for growth.

Contract Negotiation and Drafting.
Business Formation and Structuring.
Mergers and Acquisitions.
Corporate Governance.
Regulatory Compliance.
Dispute Resolution.

Labor and Employment law

Reduced Legal Risks: Identifying potential legal issues early on, to mitigate risks and avoid costly disputes.
Improved Employee Relations: Clear policies and procedures, effective communication, contribute to higher employee morale and engagement.
Increased Efficiency and Productivity: Clear communication channels and accessible information enhance collaboration and efficiency across the organization.
Enhanced Business Agility: A strong legal foundation and positive employee relations can contribute to a company's competitive advantage in the marketplace.
Cost Savings: Lower turnover rates can reduce recruitment and training costs.
Dispute Resolution.

Tax Compliance

Tax compliance refers to the process of adhering to tax laws and regulations set by relevant authorities. Compliance is crucial at multiple levels local, EU and international – each with its own distinct regulations and requirements.

Legal Necessity: It's legally obligatory, failure to do so can result in audits, fines, and penalties.
Managing Reputation: Non-compliance can affect trust among investors, vendors, and customers.
Corporate Social Responsibility: Voluntary compliance shows a company's commitment to societal goals.
Business Growth: Consistent compliance helps in building reliable tax forecasting mechanisms, facilitating business growth and expansion.

Tax Function Operations

Your tax function isn’t just about compliance; it’s a goldmine of strategic insights. TFO is the key to unlocking that potential, turning a necessary obligation into a competitive advantage.

Increased Efficiency: TFO streamlines your tax processes, automating repetitive tasks and eliminating bottlenecks.
Reduced Costs: TFO can significantly reduce your operational costs.
Improved Accuracy: Automation and data validation tools minimize the risk of errors, ensuring accurate tax filings and reducing the likelihood of costly penalties.
Proactive Tax Planning: TFO enables you to move from reactive compliance to proactive tax planning.
Strategic Advantage: TFO transforms your tax function from a cost center to a strategic asset.

Payroll & Compensation

We handle everything from calculating wages and taxes to generating reports and managing employee benefits, so you can focus on what matters most – growing your business.

Accurate and timely payroll processing
Tax calculation and filing
Employee self-service portal
Detailed payroll reporting
Benefits administration

Corporate and Commercial law

We understand that legal decisions have financial implications, and financial decisions have legal ramifications. That’s why we offer integrated solutions that consider both perspectives, ensuring your business is protected and optimized for growth.

Contract Negotiation and Drafting
Business Formation and Structuring
Mergers and Acquisitions
Corporate Governance
Regulatory Compliance
Dispute Resolution

Labor and Employment law

Reduced Legal Risks: Identifying potential legal issues early on, to mitigate risks and avoid costly disputes.
Improved Employee Relations: Clear policies and procedures, effective communication, contribute to higher employee morale and engagement.
Increased Efficiency and Productivity: Clear communication channels and accessible information enhance collaboration and efficiency across the organization.
Enhanced Business Agility: A strong legal foundation and positive employee relations can contribute to a company's competitive advantage in the marketplace.
Cost Savings: Lower turnover rates can reduce recruitment and training costs.
Dispute Resolution

Corporate Governance

Our service to corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

It involves balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community.

Good corporate governance ensures accountability, fairness, and transparency in a company’s relationship with all its stakeholders.

Compliance

Our service to compliance, on the other hand, is the process through which companies ensure that they follow relevant laws, regulations, contracts, strategies, and policies.

This includes conducting compliance assessments to determine the current state of compliance and implementing corrective actions as necessary

Benefits of Strong
Corporate Governance

Clear Framework for Decision-Making
Enhanced Accountability
Diverse Perspectives
Risk Management
Ethical Decision-Making
Strategic Alignment

Clear Framework for Decision-Making

Defined Roles and Responsibilities: With clear roles and responsibilities, decision-makers understand their scope of authority, reducing ambiguity and ensuring decisions are made by the right individuals.

Structured Processes: Established processes and protocols guide decision-making, ensuring consistency and adherence to best practices.

Our Solutions

D365 BC: The Role Centers in D365 BC provide a personalized dashboard for each user, displaying relevant tasks, activities, and insights. This helps decision-makers understand their scope of authority and reduces ambiguity.

MS 365: Microsoft Teams facilitate structured processes by allowing teams to create channels for specific projects or departments, ensuring consistent communication and adherence to best practices.

Enhanced Accountability

Transparency: Regular reporting and disclosure practices ensure that decisions are transparent and can be scrutinized by stakeholders, promoting accountability.

Performance Monitoring: Continuous monitoring and evaluation of decisions help in assessing their impact and making necessary adjustments.

Our Solutions

D365 BC: The Audit Trails feature in D365 BC ensures transparency by tracking changes made to data, allowing stakeholders to scrutinize decisions and promote accountability.

MS 365: Power BI provides performance monitoring through real-time dashboards and reports, helping organizations continuously evaluate decisions and make necessary adjustments.

Diverse Perspectives

Board Composition: A diverse board brings varied perspectives and expertise, leading to more comprehensive and well-rounded decisions.

Stakeholder Engagement: Engaging with different stakeholders provides valuable insights and feedback, enriching the decision-making process.

Our Solutions

D365 BC: The Intercompany Transactions feature in D365 BC allows for seamless collaboration between different entities within an organization, bringing diverse perspectives to the decision-making process.

MS 365: Yammer enables stakeholder engagement by providing a platform for employees to share insights and feedback, enriching the decision-making process.

Risk Management

Risk Assessment: Strong governance includes robust risk management practices, allowing for the identification and mitigation of potential risks before decisions are finalized.

Contingency Planning: Preparedness for various scenarios ensures that decisions are resilient and adaptable to changing circumstances.

Our Solutions

D365 BC: The Risk Management module in D365 BC helps identify and mitigate potential risks before decisions are finalized, ensuring robust governance practices.

MS 365: Microsoft Planner allows for contingency planning by enabling teams to create and manage plans for various scenarios, ensuring decisions are resilient and adaptable.

Ethical Decision-Making

Ethical Guidelines: Adherence to ethical guidelines ensures that decisions are made with integrity and in the best interest of all stakeholders.

Corporate Values: Embedding corporate values in the decision-making process fosters a culture of ethical behavior and long-term sustainability.

Our Solutions

D365 BC: The Compliance Management feature in D365 BC ensures adherence to ethical guidelines by automating compliance checks and reporting.

MS 365: Microsoft Forms can be used to gather feedback on corporate values and ethical behavior, fostering a culture of integrity and long-term sustainability.

Strategic Alignment

Vision and Mission: Decisions are aligned with the company’s vision and mission, ensuring that they contribute to the overall strategic goals.

Long-Term Focus: Emphasis on long-term objectives rather than short-term gains leads to sustainable growth and success.

Our Solutions

  • D365 BC: The Business Intelligence tools in D365 BC, such as Power BI integration, help align decisions with the company’s vision and mission by providing data-driven insights.
  • MS 365: SharePoint supports long-term focus by allowing organizations to store and manage strategic documents, ensuring that decisions contribute to overall strategic goals.

Ready to enhance your corporate governance and compliance?

Reach out to us today to discover how our D365 BC and MS 365 tools can transform your business. Let’s collaborate to ensure your company operates with the highest standards of integrity and efficiency.