The range of services offered by InterGest comprises all the administrative tasks associated with running a foreign branch office, subsidiary, regional office or associated company.
Our range of services ist, therefore, tailored to suit the individual requirements of any company. While it is not possible to describe in detail the full spectrum and custormisable options of our services on this website, we are able to provide an overview.
We will be happy to discuss your individual requirements face-to-face.
In the first stage, the preparatory phase, we will analyse your company's situation thoroughly and will draw up a suitable legal and fiscal concept for your foreign operational facility. The concept includes the definition of the economic purpose, the determination of the financial requirements and the preliminary checking of the existing operational sequences with regard to their organisational and technical prerequisites.
Our work in this phase is free of charge to our future customers and is not binding in any respect.
In the subsequent introductory phase, we will assist you in setting up the organisational structure of your foreign operational facility, in recruiting staff, and in laying down the chart of accounts and the company accounting system. We will also help you to draw up terms of delivery and payment, general standard terms and conditions or delivery contracts.
InterGest will implement its administrative services according to your requirements. Our clients of course have access to their current accounting figures and data at any given time.
Through ongoing advice, InterGest supports its clients through all phases of their growth, employing its competence and expertise to ensure their economic success.
Together with our clients we work out an overall concept that is optimally adapted to their specific individual circumstances and their requirements - such as company law, fiscal, operational, organisational and staff concerns - and which is, at the same time, justifiably affordable.
Our responsibilities range from developing a market strategy and marketing concept as well as establishing terms of delivery and payment, through to financing and settlement of payments. We also offer assistance in all legal and fiscal matters, including the reviewing of relevant contracts.
We also offer you the possibility to outsource your entire export department.
Franchising - nationally and internationally
editorial support with contracts of employment
ceding of national insurance
statement of expenses
clearing of health and accident insurance
accomplishment of abrogational proceedings
Financial Controlling & Reporting
periodic overview of all customer accounts of the different country organisations in the national currency or any foreign currency
a country-by-country periodic overview of all accounts of all foreign subsidiaries in a uniform currency selected by the user
country-specific and country-by-country budgeting as well as comparison of budget with actual figures
periodic cost accounting with operating results
Accounts Receivable Management
With the introduction of the euro, many companies believed that the presence of their organisation in the form of a branch office in other countries would be superfluous.
They have discovered, however, that this is not the case, and that there is not only a reduction of turnover, but significant delays in the receipt of payments are experienced.
Reminders from abroad are taken less seriously, bank transfers or cheques are filled in belatedly, and when reminders and warnings are sent by foreign suppliers, the large number of intermediary banks involved in international payment transactions can be blamed for the delay. It is, therefore, not uncommon for the means of payment submitted to a non-domestic bank by an exporter (e.g. cheques or bills of exchange) to only be credited to the account 4 - 6 weeks after they are due. This means that an interest rate of 8 - 12% p.a. must then be paid on the necessary current account overdrafts.
The vast majority of European banks refuse to discount bills of exchange on their own account because they do not wish to face the risk and the formal difficulties of debt collection abroad. Cheques or bills of exchange are only accepted for collection, and for each bill a handling fee is charged – irrespective of the amount to be collected.
The domestic banks demand the same amount again from their customers for handling foreign bank transfers, which means that bank charges are quite an issue. Suppliers who do not calculate with a generous profit margin can easily feel like they are only working for the bank! Throughout the handling period of the payment, companies do not have the urgently needed liquidity to finance production and other advance costs, so that they are dependent on very high current account overdrafts. Small and medium-sized businesses in Europe know from negative experience how difficult it is to obtain overdrafts today.
On top of that, collecting debts abroad often causes considerable difficulties, as the reluctant debtors tend to believe that the creditor has insufficient knowledge of the local legal framework or might not pursue the matter with the necessary vigour.
experienced staff who deal with all office work and, in addition to their national language, are often conversant in English, German and French
an officially accredited accountancy organisation under the direction of a professionally qualified accountant and a tax expert
an experienced team of professionals for all specialised fields of international commerce, trade and banking
modern offices in the business centres of major cities across the world with state-of-the-art installations for office communications and computer systems
large-scale invoicing and accounting, sales and inventory statistics, profit calculations, payroll and agent's commissions