Private limited company accounting
Every business chooses the most acceptable and favorable start-up solutions. To legalize larger activities, it is usually chosen to establish a private limited company. This legal entity is subject to specific financial obligations, responsibilities, and bookkeeping standards, so professional bookkeeping services are important to avoid costly errors. Our team of specialists has been working successfully since 2004, so we can advise on all issues of private limited company accounting, benefits, and other issues.
Private limited company taxes
Like other existing legal entities, a private limited company is subject to tax liability. Periodically private limited companies have to make several payments, one of them every month, others once a year. Each private limited company has to make: state social insurance, personal income tax, value-added tax (VAT), and several other contributions to the state accounts. Depending on the specific circumstances, a private limited company may be subject to other taxes (road, real estate, etc.) Failure to pay taxes on time or their incorrectly calculated amounts entails administrative liability, and ignorance and non-application of benefits increase business expenses, therefore it is best to entrust private limited company accounting to professionals.
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