VAT is value added tax, which is regulated by the Act No. 222/2004 on value added tax. It has 121 pages and for an entrepreneur (VAT payer), who does not do business, resp. is not good at accounting, is the best to entrust this agenda to a reliable accounting company, which has experience and is insured against liability for harm.
A company can become VAT payer voluntarily, or obligatorily from law after reaching a turnover of € 49 790 for the past 12 calendar months. Whether in case of voluntary or obligatory registration on VAT, we provide you with necessary advisorry, eventually we recommend you representation in front of the tax authorities by our expert on tax advisorry.
Since 2009, we have successfully completed many tax audits on various tax types. Our clients, within processing VAT, use mainly these services:
registration at the Tax Office for VAT purposes
electronic communication with the tax authorities
preparation and processing of monthly or quarterly tax returns on VAT
filling and electronic sending of aggregate statements
tax judgment of trade transactions and business goals
sending information on VAT payment
warning the client about deadlines, tax due dates etc.
representation in front of the tax authorities in case of audit (providing the client requests it)
issuing invoices in case the client requests them
- elaboration of primary documents pursuant to the accounting procedures for single-entry bookkeeping
- factual and formal review of presented documents
- examination of tax justification of costs
- conducting requested books and evidence
- tax optimalization
- continuous advisorry and consultations