Armor Consultancy – Terms and Conditions
1.Introduction
Armor Consultancy is committed to providing high-quality financial and business process outsourcing services. These Terms and Conditions outline the agreement between Armor Consultancy and its clients, ensuring that both parties understand their responsibilities and obligations. By engaging our services, you acknowledge that you have read, understood, and agreed to comply with these terms. These conditions establish the framework for our business relationship, fostering trust, professionalism, and transparency.
2.Definitions
Company: Armor Consultancy, including its affiliates, subsidiaries, employees, and authorized representatives, collectively referred to as “we,” “our,” or “us.”
Client: Any individual, company, or business entity utilizing Armor Consultancy’s services, referred to as “you” or “your.”
Services: The professional financial and business outsourcing services provided by Armor Consultancy, as outlined in service agreements.
Agreement: A formal contract or service order that specifies the scope of work, obligations, payment terms, and conditions between Armor Consultancy and the Client.
Confidential Information: Any proprietary, financial, or sensitive data exchanged between Armor Consultancy and the Client, which must be protected from unauthorized disclosure.
3.Scope of Services
Armor Consultancy offers a wide range of financial and business outsourcing solutions tailored to meet the needs of our clients. Our core services include:
3.1 Financial Statements Preparation
We assist businesses in compiling and preparing their financial statements, ensuring accuracy, compliance, and alignment with industry standards. Our team ensures that all financial reports reflect the true financial position of the company, aiding in decision-making and regulatory compliance.
3.2 Income Statements
Our experts generate detailed income statements that outline a company’s revenues, expenses, and profits over a specific period. These statements provide insights into financial performance and profitability, helping clients make informed business decisions.
3.3 Cash Flow Management
Effective cash flow management is crucial for business sustainability. We provide clients with comprehensive solutions to monitor, analyze, and forecast cash flow, ensuring optimal liquidity, timely payments, and business growth.
3.4 Balance Sheets
We prepare detailed balance sheets that outline a company’s assets, liabilities, and equity. These reports are essential for financial planning, investment decisions, and assessing business health.
3.5 Tax Preparation
Our tax preparation services help businesses comply with tax laws, minimize liabilities, and maximize deductions. We ensure accurate tax filings, timely submissions, and adherence to regulatory requirements to prevent legal complications.
3.6 Regular Bookkeeping
We maintain accurate financial records by recording all transactions, reconciling accounts, and updating financial statements. Our bookkeeping services help businesses keep their financial records organized, making audits and tax filing seamless.
3.7 VAT & TAX Management
We provide expert VAT and tax management services, helping businesses stay compliant with local and international tax regulations. Our team handles VAT registrations, calculations, and filings, ensuring smooth tax operations.
3.8 Audit Services
We assist clients in preparing for audits by ensuring all financial records are accurate, up-to-date, and compliant with regulatory standards. Our audit support services help businesses navigate internal and external audit requirements with ease.
3.9 Payroll Processing
We manage payroll processing, ensuring accurate salary calculations, deductions, tax withholdings, and timely disbursement of employee salaries. Our payroll solutions ensure compliance with labor laws and reduce administrative burdens for businesses.
3.10 Business Valuation
We conduct in-depth business valuations to determine the true worth of a company. Our valuation services are useful for mergers, acquisitions, investment decisions, and strategic planning.
3.11 Professional Placement
We assist businesses in recruiting and placing skilled professionals in various roles. Our placement services ensure that companies have access to the right talent to meet their operational needs.
3.12 Electronic Documentation
We provide digital record-keeping solutions, ensuring secure and organized storage of financial documents. Our electronic documentation services enhance efficiency and accessibility while reducing paperwork.
3.13 Planning & Analysis
Our team offers strategic financial planning and analysis services, helping businesses develop data-driven strategies for growth, risk mitigation, and sustainability.
3.14 Forecasting & Valuation
We use advanced financial modeling techniques to forecast business performance, assess risks, and provide valuation insights. Our services help businesses make proactive financial decisions.
3.15 Company Formation & Licensing
We assist entrepreneurs and businesses in company formation, registration, and obtaining necessary licenses. Our services ensure compliance with legal requirements and facilitate a smooth setup process.
4.Service Engagement
4.1 Agreement
All services provided by Armor Consultancy require a signed service agreement that outlines the scope of work, duration, pricing, and responsibilities of both parties. The agreement becomes effective once both parties sign and initial payments, if applicable, are made. Any modifications or additional services require a written amendment approved by both parties.
4.2 Confidentiality
We prioritize data security and confidentiality. Armor Consultancy and its employees adhere to strict confidentiality protocols to protect client information. Clients must also uphold confidentiality agreements and ensure that any shared business information remains secure. Data disclosure without written consent is strictly prohibited, except where legally required.
5.Payment Terms
5.1 Fee Structure
Service fees are determined based on complexity, duration, and workload. Clients receive a transparent breakdown of costs before service commencement. Additional fees may apply for urgent requests, extended scope, or specialized services.
5.2 Payment Methods
Payments can be made via bank transfer, credit card, mobile payment platforms, or other agreed methods. Timely payments are essential to avoid service disruptions.
5.3 Invoicing
Invoices are issued as per the agreed billing cycle (monthly, quarterly, or annually). Late payments may incur penalties or interest charges as stipulated in the agreement.
5.4 Refund Policy
Payments for completed services are non-refundable. Partial refunds may be considered under special circumstances, subject to mutual agreement and documented justification.
6.Client Responsibilities
Clients must provide complete and accurate financial records, ensure compliance with legal regulations, and respond promptly to information requests. Maintaining clear communication regarding business changes that affect financial reporting is crucial.
7. Liability and Indemnification
Armor Consultancy shall not be liable for financial losses resulting from inaccurate or incomplete data provided by clients. Clients agree to indemnify Armor BPO against claims or damages arising from misrepresentation or misuse of financial reports. Our liability, in any case, shall be limited to the amount paid for the disputed service.
8.Termination
8.1 Termination by Armor Consultancy
We reserve the right to terminate services due to non-payment, fraudulent activities, breach of confidentiality, or non-cooperation by the client.
8.2 Termination by the Client
Clients may terminate the agreement by providing a 30-day written notice. Outstanding invoices must be cleared before termination takes effect.
9. Force Majeure
Neither party is liable for service delays or failures caused by events beyond reasonable control, including natural disasters, government restrictions, and economic disruptions.
10.Governing Law and Dispute Resolution
These Terms and Conditions are governed by the laws of Bangladesh. Any disputes shall be resolved through mutual negotiation or arbitration.
11.Amendments
Armor Consultancy reserves the right to update these terms. Clients will be notified of significant changes, and continued service usage implies acceptance.
12.Contact Information
For inquiries, contact:
Armor Consultancy Email: support@armorconsultancy.com
Phone: +6582987190
Website: armorconsultancy.com
By using our services, you acknowledge and agree to these Terms and Conditions.