Our services

Mainstay Partners offers expert consultancy services tailored to meet your business needs. Our team provides professional guidance and support to help you navigate complex challenges, develop effective strategies, and achieve your goals.

Advisory

The world doesn’t stand still, and businesses constantly need to adapt to changing conditions. Analysis of the current situation, developing strategy and improving business processes are all labour-intensive but important tasks.

Some businesses have a dedicated team that can take all this on. Others are not so lucky. But even if you are one of the lucky ones, it may be beneficial to get an independent assessment or some additional assistance. This is where Mainstay Partners may be able to help. Our multi-faceted team has extensive experience and all the necessary competencies to help keep your business on track.

The following are among the Advisory Services we offer:

International tax structuring – few industries are more international than the shipping industry. This increases the importance operating with a tax efficient corporate structure. With extensive experience of advising in this area, Mainstay can help you find the optimal structure for your circumstances.
Benchmarking – Mainstay can assist with benchmarking exercises for OPEX and running costs which will allow you to see how you compare with your peers and where savings can be made.
Strategic reviews – When it comes to reviewing or developing strategy for your business as a whole or for segment within it it, Mainstay had help by carrying out a strategic review designed to analyse your current business and to assess alternatives for future development.

Business Support

In an increasingly regulated environment, the list of compliance and administrative tasks that companies have to undertake only gets longer. Financial reporting, filing tax returns, human resources and payroll, billing, controlling accounts receivable, monitoring legislative changes - all of these and many other routine tasks distract from your core activity – running a profitable business. And all of this is before the additional demands that come from a corporate reorganisation or involvement in litigation.

The question is how to manage all of this in an effective and cost-efficient manner. The answer may be to outsource some or all of your compliance and administrative functions. Mainstay Partners Limited and its partners in the Mainstay Alliance have extensive experience handling finance, accounting, compliance and HR matters for their clients. We can use this experience to help you refocus on your core task - growing your business.

The following are among the Business Support Services we offer:

Outsourced accounting – Mainstay Partners can provide outsourced accounting services for company located in most countries around the world
Crewing – Whether you need somebody to review a new employment contract or a full crewing service Mainstay Partners can help.
Outsourced internal audit - many businesses would benefit from the insights and additional control that an internal audit department can provide but may not be in the position to create one. If you are in this position, outsourcing the function to Mainstay Partners could provide a solution.
Assistance raising debt finance – Mainstay Partners can provide you with a range of services designed to help you raise debt finance from identifying potential providers to helping you prepare supporting materials.
Assistance raising equity finance – When the time comes for you to raise finance through an IPO or other public offering, Mainstay Partners can assist by providing as an advisor or reporting accountant.
Development of business plans and financial projections– If you require assistance producing business plans or financial projections, why not pass this task to Mainstay Partners? We regularly produce both for clients and are therefore well place to do so quickly and efficiently in a format suitable for the required purpose.
Expert witness services – it is an unfortunate fact that the shipping industry is one of the most litigious in the world. If you are unfortunate enough to find yourself embroiled in a legal battle, Mainstay Partners with its extensive knowledge of both shipping and finance is ideally placed to provide expert witness services.

Assurance

The following are among the Assurance Services we offer:

OPEX audits – outsourcing management of your vessels to a third party can be an effective way of operating, However, with it comes the need to ensure that OPEX is not inflated as a result. With extensive experience of carrying out OPEX audits, Mainstay Partners can help you design and implement tests that will give you the information to keep OPEX under control.
Pre-purchase due diligence – If and when you contemplate the purchase of another business, Mainstay Partners can help you to understand what you are buying and the risks you are taking on by carrying out financial and legal due diligence.
Management assurance services – where management wants to gain assurance about a particular aspect of their business we can design and carry out agreed upon procedures to provide the assurance required.
Statutory audits – through our partners in the Mainstay Alliance we can arrange statutory audits for companies located in most significant shipping locations around the world including Singapore, Hong Kong, Dubai and the United Kingdom.