What services can US companies expect from Primexis?
With over 30 years of experience with international clients Primexis is well versed in assisting companies start up in France or if already established then act as preferential partners and the contact between the US companies' financial management and the French authorities. All our professionals speak fluent English so language is not a barrier.
Primexis International Business Services team looks after over 250 subsidiaries or branches of international companies in France, many of the 250 are US owned. Primexis was the first French accounting firm to achieve SAS 70 Type II certification, and is now certified SSAE 16. The SSAE16 certification is in line with the standards of the American Institute of Certified Public Accountants (AICPA) for internal control.
Legal regulations concerning accounting, tax and payroll matters are unusually complex in France. One of Primexis roles is to help clients with them. Primexis can carry out all or part of their accounting and administrative tasks: bookkeeping, accounting supervision, administrative management of supplier payments, reporting in compliance with professional standards (French, UK, US, GAAP, IFRS...), preparing tax returns and their statutory financial statements according to French tax regulations. Primexis can also provide payroll and HR administrative management. Additionally we can even be the registered address for their French subsidiary.
Primexis is very experienced in meeting the Sarbanes-Oxley requirements that US companies must comply with. When a US company outsources the production of its financial documents it must ensure that the selected service provider meets all the criteria of internal controls required for Sarbanes-Oxley compliance. Primexis does and is recognised as such by the SSAE 16 certification.