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<h2 class="tmargin tpad xs-text-center xs-center-block clearfix">Professional Background</h2>
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<div>Credentials</div>
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<li class="col-sm-8">Our process applied to the assignments will be composed of 5 main phases:<br />. Understand Expectations - Expectations Discussions and Agreement<br />. Commit & Plan - Develop Client Value Action Plan<br />. Deliver & Improve - Continuous Improvement and Monitoring Reporting<br />. Measure Results - Client Satisfaction Measurement</li>
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<h2 class="tmargin tpad xs-text-center xs-center-block clearfix">More About Lochan & Co (Cambodia) Company Limited</h2>
<h2><strong>Ability to communicate effectively on complex business issues</strong></h2>
<p>Lochan & Co is a firm that prides itself on the quality of its services and the need to continually reinvent itself as the needs of its clients and associated organizations change. Our review and has been customized to suit client specific needs.</p>
<p>Specifically in relation to the services we have provided to entities, and in relation to similar services we are providing to Donor. Lochan & Co has been providing services to Corporate Sector, Government of India and State Governments and Non Profit Organizations in India.</p>
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<h1><strong>Welcome to Lochan & Co</strong></h1>
<p>Lochan & Co is a firm that prides itself on the quality of its services and the need to continually reinvent itself as the needs of its clients and associated organizations change. Our review methodology emphasizes quality and has been customized to suit client specific needs. Specifically in relation to the services we have provided to entities.</p>
<p>Lochan & Co (Cambodia) Company Limited is the member company of Lochan & Co, which is the fastest growing firm providing high quality services in the fields of Assurance, Risk Consulting & Internal Audit, Corporate Finance, Tax, Outsourcing, New Business Registration and Management Consulting having experience of working in more than 28 countries of the world in last 30 years.</p>
<p>Our services are focused on</p>
<ul>
<li>Serving growth-oriented</li>
<li>Privately owned businesses</li>
<li>Multinational corporate clients</li>
<li>Development sector</li>
</ul>
<p>Lochan & Co (Cambodia) Company Limited is a locally (Cambodia) registered company and the member firm of Kampuchea Institute of Certified Public Accountant & Auditors (KICPAA) and a Licensed Audit Firm from National Accounting Council (NAC) of Cambodia.Though our local presence has started in the year 2017, we have experience of more than 10 years working with several ministries and international funding agencies in Cambodia.</p>
<p>Our corporate clientele in Cambodia are from different sector such as Garment/Textile, National & International NGOs, Airlines, Tours & Travel, Hotel, Casino, Restaurant, Investment, Engineering, Construction and Trading etc. Our teams of professionals cover various parts of world for international assignments. We are tuned for the relatively complex regulatory environment, we strive to help our clients succeed in the marketplace by exceeding expectations and delivering value in everything we do.</p>
<h3><strong>Featured Content</strong></h3>
<ul>
<li>Lochan & Co is a firm that prides itself</li>
<li>On the quality of its services and the need</li>
<li>To continually reinvent itself as the needs</li>
<li>Associated organizations change</li>
<li>Our review methodology emphasizes quality</li>
<li>To continually reinvent itself as the needs</li>
<li>Associated organizations change</li>
</ul>
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<p><strong>Quality Services</strong><br />• The pursuit of quality is an integral part of the fabric of our culture and comprises: consistency, care, judgement, concern, commitment, responsiveness, and, of course, technical proficiency.<br />• As a part of our proactive commitment to provide the highest-quality services possible, we periodically survey clients, the results of which ensure that we continue to meet our clients’ needs and expectations.<br />• We place major emphasis on ensuring client satisfaction in relation to our service delivery.<br />• We posses well established quality standards, policies, procedures and practices in place.</p>
<p><strong class="">Assurance Services</strong></p>
<p>Lochan & Co has a significant assurance practice of Corporate Sector, International Agencies, Government of India and State Governments and Non Profit Organizations.</p>
<p>The Firm has implemented the latest methods for maximizing audit efficiency through a risk based international audit approach.This enables timely delivery and value added advisory services to clients.</p>
<p>When it comes to audit, accounting, and other assurance services, the difference between meeting and exceeding client expectations comes down to personal attention and the value delivered.</p>
<h2><strong>In each engagement we:</strong></h2>
<ul>
<li>Understand your needs to help you determine the services required;</li>
<li>Complete a risk assessment process to focus our approach;</li>
<li>Identify staff with appropriate industry expertise to handle the assignment;</li>
<li>Rigorously plan the engagement with your input;</li>
<li>Determine the appropriate tools and use technology tools, including data extraction software and highly tailored audit software to streamline our approach;</li>
<li>Communicate with you through all phases of the audit service delivery.</li>
</ul>
<p><strong>Benefits</strong></p>
<p>Our professionals will help you to:</p>
<ul>
<li>Look for ways to help safeguard your entity's assets;</li>
<li>Consider processes and procedures for improved operations;</li>
<li>Make well-informed decisions regarding your company's long-term growth and success.</li>
</ul>
<h2><strong>Legal and Regulatory Compliances</strong></h2>
<p>Lochan & Co ensures to comply with all legal and regulatory requirements applicable to client organizations environmental aspects and impacts. It further reviews by identifying applicable regulatory requirements, determining how these requirements relate to its activities, products and services. It evaluates conformity with the identified requirements and take action to correct any non conformity that exist or occur.</p>
<p>An effective compliance program not only mitigates a fine or penalty, but also adds value to a company by enhancing and protecting corporate reputation and image, improving business relationships and providing a competitive advantage. Legal & Regulatory Compliance services includes:</p>
<ul>
<li>Companies Act</li>
<li>Foreign Exchange Management Act, RBI & Foreign Collaboration</li>
<li>Software Technology Park of India Scheme</li>
<li>Import-Export,Technology Park & Special Economic Zone</li>
<li>Income Tax</li>
<li>Withholding Taxes Compliance</li>
<li>Custom & Excise</li>
<li>VAT/ Sales Tax</li>
<li>Service Tax</li>
<li>Labour Laws</li>
</ul>
<h2><strong>Benefits</strong></h2>
<ul>
<li>Lochan & Co identifies the requirements that directly relate to regulatory compliance</li>
<li>Lochan & Co determines the status of compliance from a number of sources, including reports of specific instances of non-compliance</li>
<li>Lochan & Co performs results of internal audits, communications including complaints, environmental performance (i.e. results of monitoring and measurement), objectives and targets, corrective and preventative actions.</li>
<li>Lochan & Co does follow up from previous legal reviews, changing regulations and legal requirements and recommendations for improvement)</li>
</ul>
<h2><strong>Service Tax</strong></h2>
<p>Service Tax has become a major source of revenue of the Government very recently. Every individual, firm, company or any organization engaged in business or profession providing services as listed under the Service Tax Act, 1994 are required to get registered under the Act and to collect and deposit the Service Tax as per provisions of the Act.</p>
<h2><strong>Our Services Include</strong></h2>
<ul>
<li>Registration</li>
<li>Service Tax Liability Assessment</li>
<li>Preparation and Filing of Half Yearly Returns</li>
<li>Service Tax Assessment Cases</li>
<li>Appeals</li>
</ul>
<h2>Benefits</h2>
<ul>
<li>Qualified professionals are the key hands who provide quality advice up to maximum accuracy.</li>
<li>Special team handling matters related to Service Tax makes Lochan & Co more efficient than others.This extra professional capability meets the time bound commitment of Lochan & Co and distinguishes it from others.</li>
<li>Lochan & Co has the capacity to manage all the compliance of mid sized and/ or large sized service providers necessary under the Act.</li>
</ul>
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