Corporate services

Clients routinely hire us for the following tasks: establishing an accounting system customized to your company; providing staff training to master that accounting system; managing cash-flow and the company’s treasury which includes bank account management, bank transaction reports and bank signatories.

Regular, accurate reporting are part of the package. Including management reports, profit and loss statements, balance sheet consolidation , performance reports preparing budgets and cash-flow forecasts Is your company regularly meeting its targets? Intertrust will inform you of this on a regular basis – daily, if necessary.

VAT affects literally millions of companies worldwide – particularly those involved in international transactions. Taking care of VAT issues actually calls for a comprehensive series of services.
 
Our clients benefit from expertise on VAT-related issues: answers to questions about goods & services provided to parties within the European Union – and beyond.

Clients also count on us to obtain VAT numbers. To register and process VAT returns, to follow up on – even chase – incomplete returns. We ensure VAT compliance, helping clients understand which forms to complete and when. With Intertrust’s input on VAT, you’re ensured smooth filings, compliance, and value.

Companies perform best by focusing on the businesses they know best. The core business activities. That is why, in many cases, we manage their payrolls. Local offices, international subsidiaries: using the latest technologies, at Intertrust we welcome the challenges of your complex payroll needs. 

• Issue staff pay slips – with breakdowns of salary details.
  
• Contain queries by revealing inconsistencies promptly.
  
• Generate up to 20 different reports. This lets you track spending by country, cost centre, department and employee.
  
• Consult local authorities and service providers on behalf of your company; oversee employees’ stock options where applicable.
  
• Ensure that your payroll complies with local statutory obligations – including salaries’ tax return.

These services are designed to save you time and – of course – money. There is no longer a need for hiring and training permanent staff for this function. Instead, Intertrust forms a close working relationship with you. Understanding your business. Respecting your staff’s privacy. Becoming the trusted partner so that your business can thrive.

What makes bank-account management a challenge for companies? Working with multiple banks in multiple countries, for one thing. Maintaining an overview of accounts, in this case, is complicated. The principle of efficient cash management means consolidating corporate funds in one institution rather than having them in various places. The benefit to you? Lower interest on debit balances – and a better return on your cash flows.

Intertrust’s services: opening bank accounts, naturally. Fulfilling compliance requirements. Handling transfers and Forex transactions. All these are handled by the teams addressing you and your company’s portfolio.

When managing companies’ bank accounts we are your first line of contact. You are conducting how communication need to be streamlined. What are the benefits of optimized treasury management? A better chance of creating a 'cash-rich' treasury position, in which short- to medium-term investments can be considered.

Intertrust’s offering in the field of managing bank accounts? A reliable approach. Access to state-of-the-art technology. And all the innovative solutions a company could need.

The role of trustee is a dutiful one: collecting, managing, investing trust assets. Trustees also accumulate and distribute income and principal from the trust. Yet another obligation – a personal liability – is following the trust’s instructions with care and with diligence.

We provide you with experienced trustees. To free you for other pursuits, we care for the annual accounting to beneficiaries, for example. As important, we manage your trust’s investments, with an eye on a smart, diversified, yet prudent portfolio and distributing income to your beneficiaries.

Any other professional consultants you may need – attorneys, accountants, bookkeepers, investment consultants? We help hire in the people to advise on the trust.

How can we enhance your success in real-estate investing? We assist you and your advisors with the relevant real-estate issues: rental income. Capital gains. Tax returns. Annual real estate taxes. Wealth and gift taxes.

Real-estate structures are integral to Intertrust’s business. All forms of financial reporting can be made available. And financing advice – via our range of financial partners – can be part of the real estate package. In some cases, you may benefit from forming a company or trust to hold the property securely.

Initially, the employer makes a small contribution. And it’s up to the company to decide what future funds to contribute. Trustees are usually empowered to augment existing funds by borrowing from the employer or from third parties like banks. This is an approved method of accumulating income.

In addition to funds, the company may also provide virtually any other kind of benefits. In fact, these benefits often can motivate staff. The so-called golden handcuffs – deferred discretionary bonuses, paid out after a fixed period. Or a trust acquiring and holding shares, to be awarded to employees at a later time. The option to take loans may also be of interest. Participating in a long-term savings plan is another opportunity.
The employee benefit trust can also be linked to beneficiaries’ permanent health insurance. That can mean medical insurance as a benefit of the trust and providing regular payments to employees unable to work due to illness.

What is at the core of successful employee benefit trusts? Firm financial housekeeping. Intertrust is a proven, experienced partner in this. We create the trust. Administer it – for the employer and beneficiaries. It is the comfort of a reliable third party, ensuring that assets work according to plan.

Intertrust helps companies comply with pension legislation. And we work to fulfill employees’ expectations. We can provide the needed back-office support. Or we can deal directly with pension-fund members, acting as the company’s pension department. As pension administrators, it is our task to match each company’s pension requirements.

‘Administering pensions’ translates to performing a series of services: maintaining membership records, calculating benefits, making pension payments, acting as trustee, doing banking and reporting, attending shareholder meetings. Compliance and regulatory reporting are part of the mix. As are member services: help lines, communications and providing benefit statements.

We have a reputation for setting the standard in trust. To support this claim where pensions are concerned, we regularly seek quality audits for our procedures. External quality assessors make these evaluations. Our own quality-management team also reviews us. Our clients are asked routinely for their opinions and approval. We are a licensed service provider.