Brief
Spectra Fuels is a global player in trading, brokering, bunkering of various oil & products.
The founder is a seasoned oil & gas professional. Altobooks has been advisor to him since many years. Around 2017-18, Altobooks was hired to assist him in incorporation of the company, setting up of accounting and control systems and other financial advice. It was found that the founder was a known face in oil & gas industry. However, he completely lacked expertise on financial, legal, tax matters.
Contribution
After associating with the company, Altobooks team has taken following steps:
Advised the company on incorporation of business and establishing suitable corporate and business structure
Setting up of entire accounting system and robust internal control system for the company
Advised company on various tax planning methods and implemented one
Services
As of 2022, Spectra Fuels has grown multifold and has operations in different countries of the world. Altobooks as a virtual CFO and consultant is proud to witness the growth journey from scratch for the firm and provides consulting to the company in following matters.
Global corporate structures
Accounting Practices
Tax Planning
Virtual CFO
Financial Management