Balagot & Co.

Balagot & Co. is an audit and accountancy practice in the Philippines, run by certified public accountants. It has operated for over a decade and handles statutory audits, books, tax filings and business registration, with many of its clients being foreign-owned companies trading in the country.

Services

• External audit: audits of annual financial statements, which Philippine businesses must file each year with an accredited auditor.
• Bookkeeping: keeping client ledgers current using Xero and QuickBooks.
• Tax planning and compliance: preparing and filing monthly, quarterly and annual returns to limit penalties and exposure.
• Business set-up: guiding start-ups through registration with the Securities and Exchange Commission or the Department of Trade and Industry.

Who it works with

The firm serves companies doing business in the Philippines, including a large share of foreign clients, particularly in Siargao, Metro Manila and Davao City.

Key facts

• Based in: Philippines
• Accreditations: the Bureau of Internal Revenue (BIR), the Board of Accountancy (BOA), the Cooperative Development Authority (CDA), the central bank (BSP) and the SEC
• Memberships: European Chamber of Commerce in the Philippines, Canadian Chamber of Commerce and the Australian-New Zealand Chamber of Commerce
• Experience: more than a decade in the industry