The Challenge
A company operating across 35 countries required a streamlined financial compliance process, each with its own set of tax, legal, accounting, and permit requirements. High staff turnover further complicated compliance efforts, prompting the client to seek a solution that leveraged technology and expertise to ensure timely fulfilment of obligations without penalties.
How did CEG help?
CEG focused on leveraging technology and expertise to ensure compliance across all countries of operation without incurring fines or penalties. The primary idea was to streamline financial compliance processes and provide ongoing support to the client through a combination of technology-driven solutions and expert advice.
CEG deployed a team of accountants and tax advisers to support the client with a promise-centred approach, ensuring compliance with local obligations in each country. Leveraging partnerships in each country, CEG provided comprehensive support for tax, legal, accounting, and permit requirements. Frequent communication and technology-driven project management allowed for efficient troubleshooting and timely compliance.
Where are they now?
As a result of CEG’s intervention, the client successfully operated in all 35 countries without incurring fines or penalties for non-compliance. CEG’s stable organisation and technology-enabled project management consistently met the client’s compliance obligations despite high staff turnover. By focusing on core business activities and delegating compliance tasks to CEG, the client experienced minimal disruption and maintained a strong record of compliance across all jurisdictions of operation.
