Get in touch today • Email info@delosreyescpas.com • Call +63 2 332 1995
No business is too small or large for us. We believe that every client deserves the best financial advice—one guided by solid knowledge of accounting practices and tax laws. Our goal is to make sure that you get to keep the money that you make—to maintain profitability and reduce costs whenever possible.

As your Certified Public Accountants, some of the challenges that we meet head-on are:

Improving internal accounting control
We check your business' accounting records (cash receipts, cash disbursements, payroll, deposits, transfers, and more) for accuracy. We evaluate if there are any irregularities in financial reporting, and give advice on how to further reduce such errors. We guide you and your staff on how to practice correct documentation procedures and stress the importance of timely recording of every business transaction.

Ensuring tax compliance
We are very knowledgeable about the Philippine tax system, and are always updated with the latest changes in laws and regulations. We review your numbers and make sure that you are not paying for more than what you owe, and we make sure that you pay on time. More importantly, we see to it that the content of your financial statements and balance sheets are fact, not fiction.

Finding solutions to tax problems
We help you understand what it means when you get a letter from the BIR. We help you navigate through the imposing terms like 'penalties' and 'interest.' We explain to you what requirements are needed, and what steps to follow to make sure that this never happens again.

Every business is different.

We recognize the diversity of the market, and we understand that one solution is not fit for all. One of the keystones of our service is getting to know you first, so we can prepare a personalized solution that fits your needs. Often, we begin by identifying your business as defined under Philippine law:
a
Sole Proprietors

If you run a business by yourself, then you are considered to be a sole proprietor or sole trader.

What this means
You alone are responsible for any debts your business may incur. You are also fully liable for any contracts or agreements your business has made. Legally, there is no distinction between you (as an individual) and your business. You receive all the profits (after taxation).

W
Partnership

If a business is run by two or more people, and they each give a capital contribution (either in the form of property, money, or skill), it is called a partnership.

What this means
You and your partners have a joint responsibility for the business. Each one has his or her own share of the profit, depending on the agreed percentage of division. However, each individual will also be liable for the other's debts.

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Corporation

A corporation is owned by shareholders. Each individual is represented by his or her common stock. A board of directors is usually created to oversee management.

What this means
If you buy stock in a company, you become a part owner of the business. You have a share in the profits while having limited liability regarding debt, as the corporation is considered to be a separate legal entity from the individuals that run it.



Industries We Serve

We have the privilege of working with the best businesses in the country today. Some examples of the industries we serve include but are not limited to the following:

BEAUTY AND WELLNESS

Businesses in the field of cosmetics retail, hair salons, day spas, fitness centers, image consultancy, care products retail, among others

CONDOMINIUM ASSOCIATIONS

Common ownership communities, usually referring to condominium associations, housing cooperatives, as well as homeowners' associations

CONSTRUCTION

Businesses in the field of commercial development, such as construction of buildings and other office venues, as well as suppliers and subcontractors

EXPORT AND IMPORT

Businesses in the field of exporting or importing retail goods, as well as distribution companies and other entities involved in international trade

FOOD

Restaurants, bottled water businesses, catering services, food delivery services, bakeries, food carts, delis, grocery stores, among others

FOUNDATIONS

Non-profit organizations or corporations, private foundations, educational institutions, cultural or religious groups, charitable trusts

HEALTHCARE AND MEDICAL

Healthcare specialists, medical practitioners, dental groups, clinics, medical facilities and centers, medical equipment retail, among others

INFORMATION TECHNOLOGY

Graphic design, web design, animation, software companies, e-commerce businesses, mobile and cloud computing, among others

MANUFACTURING

Businesses that are involved in manufacturing goods for sale or for use, industrial production, raw materials, handicraft, among others

MEDIA

Broadcasting and entertainment companies, advertising firms, marketing consultancy, public relations, music and photography

PHARMACEUTICALS

Businesses that market medical drugs and other licensed pharmaceuticals, dietary or nutritional supplements and vitamins, among others

PROFESSIONAL SERVICES

Commercial cleaning, electrical and plumbing, booking and tours, architecture, engineering, brokerage, consultancy, among others

REAL ESTATE

Brokers, real estate agents, leasing agents, property managers, and other businesses in the field of buying or selling housing and land

RETAIL

Businesses in the field of selling, marketing or supplying goods, store consignments, kiosks, shops, resellers, wholesalers, as well as online stores

TRADING

Trading companies working with agricultural products, construction supplies, school and office supplies, structural equipment, among others