Name

GBS Group

Legal name

GBS Group, Inc.

Website

https://gbsgroup.net

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Miramar Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Professional Services - Accounting & Tax: GBS Group provides accounting, bookkeeping, tax preparation, payroll reporting, sales & use tax reporting, corporate tax, and individual tax preparation services billed on a time and materials basis as described in their Master Services Agreement. Clients pay based on engagement letters specifying scope of work.
2. Business Consulting: The firm offers business consulting services including entity formation (LLC Hub), ITIN assistance, international tax advisory, EB-5 investor services, cryptocurrency accounting advisory, pre-immigration business consulting, and QuickBooks/Xero consulting. Revenue is generated through consulting engagement fees.
3. ERC - Employee Retention Credit: GBS Group offers ERC (Employee Retention Credit) claim assistance as a specialized advisory service, likely billed as a percentage of the credit recovered or as a flat consulting fee.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

GBS Group is a professional financial services firm providing integrated accounting, bookkeeping, tax preparation, payroll compliance, and business consulting services. The firm serves U.S. businesses across real estate, eCommerce, freelancers, physical goods, and professional services, as well as individuals including expats, business owners, non-resident investors, and high-net-worth individuals, with a specialization in U.S. tax compliance for foreign nationals and cross-border investors.

Product overview

GBS Group is a financial services firm offering integrated accounting, tax preparation, business consulting, and document preparation services primarily for businesses and individuals in the United States. The company's portfolio includes business incorporation services via LLC Hub (including ITIN assistance), core financial services (accounting & bookkeeping, payroll reporting & compliance, sales & use tax reporting, corporate and individual tax preparation), specialized advisory services (international tax advisory, EB-5 investor services, cryptocurrency accounting, pre-immigration consulting, ERC assistance), and industry-specific solutions for real estate, eCommerce, freelancers, physical goods, and professional services. For personal taxes, services cover expats, business owners, high-net-worth individuals, and non-resident investors. The company operates as a multi-module service platform where clients can select specific services based on their business type and tax situation.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Tax and Accounting Services Financial and tax solutions for businesses managing single-family residential buildings, commercial or multi-family building complexes, and short-term rentals via platforms like Airbnb.
• eCommerce Business Solutions Financial services for online stores at different revenue stages: scaling stores (up to USD 500,000 annual revenue) and established stores (over USD 500,000 annual revenue).
• Freelancer Tax and Accounting Services Financial and tax solutions tailored for freelancers including designers, artists, marketers, developers, and copywriters.
• Physical Goods Business Solutions Comprehensive services for businesses engaged in importing and exporting goods, wholesale distribution, retail sales, and manufacturing.
• Professional Services Business Solutions Financial solutions for consulting firms, legal practices, maintenance and construction businesses, hospitality sector (restaurants and hotels), and transportation and logistics companies.
• Expat Tax Services Personal tax preparation and advisory services for American citizens living abroad for work or personal reasons.
• Business Owner Personal Tax Solutions Personal tax preparation services for individuals who establish and manage a business in the United States.
• Non-Resident Investor Tax Solutions Tax advisory services for individuals who invest in the USA but do not reside there.
• High-Net-Worth Individual Tax Solutions Specialized tax and financial advisory services for individuals with considerable personal wealth and assets.
• Business Incorporation Services (LLC Hub) Start-up services for business incorporation in the United States, helping foreign nationals and entrepreneurs register legal entities and obtain EIN numbers.
• ITIN Services Assistance with obtaining Individual Taxpayer Identification Number (ITIN) for non-resident aliens who need a U.S. tax identification number.
• Accounting and Bookkeeping Professional bookkeeping and accounting services to maintain accurate financial records for businesses.
• Employee Retention Credit (ERC) Assistance Assistance with obtaining the Employee Retention Credit, a refundable tax credit for employers who retained employees during the COVID-19 pandemic.
• Payroll Reporting and Compliance Payroll tax reporting services ensuring compliance with federal and state payroll tax requirements.
• Sales and Use Tax Reporting Sales tax compliance and reporting services for businesses operating across multiple states.
• Corporate Tax Preparation Corporate tax return preparation services for LLCs, S-Corps, C-Corps, and other business entities.
• Individual Tax Preparation Personal income tax return preparation for individuals and families.
• International Tax Advisory Advisory services for cross-border taxation, treaty benefits, and international tax planning.
• EB-5 Investor Services Source of funds documentation and advisory services for EB-5 immigrant investor program participants.
• Cryptocurrency Accounting Advisory Specialized accounting and tax advisory services for individuals and businesses with cryptocurrency transactions.
• Pre-Immigration Business Consulting Business planning and structuring advisory for individuals preparing to immigrate to the United States.

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• QuickBookscoreTechnology or IntegrationGBS Group partners with QuickBooks as a key accounting and bookkeeping technology platform for its clients. The firm offers QuickBooks consulting services to help businesses implement and optimize their QuickBooks accounting systems.
• XerocoreTechnology or IntegrationGBS Group partners with Xero as an accounting platform alternative to QuickBooks. The firm provides Xero consulting services to help clients set up, migrate to, and optimize their Xero accounting workflows.
• AvalaracoreTechnology or IntegrationGBS Group integrates with Avalara for automated sales and use tax compliance calculations and reporting. This partnership supports the firm's tax compliance services for businesses operating across multiple states.
• ShopifycoreTechnology or IntegrationGBS Group has extensive experience with Shopify as a primary eCommerce platform for clients. The firm helps Shopify merchants configure sales tax, maintain clean accounting, and optimize their online store financials.
• SHRM (Society for Human Resource Management)minorGTM or Marketing PartnerGBS Group maintains a partnership with SHRM (Society for Human Resource Management), appearing in SHRM's partnership listings. This relationship supports the firm's HR-related advisory services and payroll compliance offerings.
• LLC HubcoreChannel Partner/ Reseller/ DistributorLLC Hub (llchub.us) is GBS Group's proprietary business incorporation platform enabling foreign nationals and U.S. residents to form LLCs and other entity types online. The platform also handles ITIN applications. This is an affiliated entity within the GBS Group ecosystem.
• GBS Wealth Management, LLCcoreStrategic or Co-development PartnerGBS Wealth Management, LLC is an affiliated Investment Advisor registered in the State of Florida providing advisory services alongside GBS Group's accounting and tax services. This internal partnership enables the firm to offer holistic financial planning and wealth management alongside tax preparation.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Greenback Tax Services: U.S.-focused tax preparation firm specializing in expat and non-resident American tax returns. Highly comparable to GBS Group's expat, non-resident investor, and FBAR/FIRPTA advisory lines.
• 1040 Abroad: Tax services firm dedicated to U.S. citizens living and working abroad. Directly comparable to GBS Group's expat tax and international tax advisory service lines.
• Taxes for Expats: Specialist in U.S. expat taxation, FBAR, and foreign-income compliance. Comparable to GBS Group on cross-border personal tax services for U.S. persons abroad.
• 1-800Accountant: Subscription-based accounting, bookkeeping and tax service for U.S. small businesses and entrepreneurs. Overlaps with GBS Group's core SMB accounting, bookkeeping and tax preparation offerings.
• Bench (by Employer.com): Cloud-based bookkeeping and accounting platform serving U.S. small businesses. Comparable to GBS Group on SMB accounting and the QuickBooks/Xero-based service layer, though more productized.
• Xendoo: Online accounting and bookkeeping service for small businesses, freelancers, and eCommerce sellers. Directly comparable to GBS Group's SMB and eCommerce segment offerings.

Broad incumbents

• H&R Block: Large U.S. tax preparation retailer serving mass-market individual and small-business tax filers. A broader incumbent competing for the same individual and small-business tax clients as GBS Group.
• Jackson Hewitt: National U.S. tax preparation chain with a strong small-business and self-employed focus. Comparable to GBS Group's individual and small-business tax preparation lines, though without the cross-border specialization.

Emerging players

• Kruze Consulting: Accounting, tax and CFO services firm focused on venture-backed startups. Comparable to GBS Group on small-business accounting and tax but skewed toward VC-funded companies rather than expats and eCommerce.
• Bonsai: All-in-one business and financial management platform for freelancers and small businesses. Comparable to GBS Group on freelancer, small-business accounting, and tax workflow, though delivered primarily as software.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PL7Ah4oyPKskarqH-numPvAEkVCMPhXDhZ
• Xx.com/gbsgroup
• Facebookfacebook.com/gbsgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GBS Group