Industry characteristics
- Work is organised by project, so costs must be aggregated by project;
- Cross-region operations involve prepayment and registration obligations;
- Workforce arrangements vary — crews, labour services and subcontracting coexist.
Key exposures
- Project costs merged together, so no single project's real result is visible;
- Cross-region formalities not completed in time, creating filing and registration risk;
- Non-standard employment and settlement arrangements, with no link between documents and people;
- Unclear compliance boundaries around qualification use and project contracting.
How we work
- Create a separate accounting unit per project, keeping cost, revenue and funds in one file;
- Build a checklist of cross-region tax obligations with deadlines and owners;
- Standardise employment settlement and documentation so transactions, people and invoices line up;
- Set out the compliance boundaries for qualification use and project contracting, flagging what cannot be crossed.