FORMATION AND SUBMISSION OF MONTHLY REPORTING FOR LEGAL ENTITIES

For any enterprise, reporting is one of the important stages of work. Legal entities present several types of reporting. One of which is monthly reporting. That is, every month before the deadline established by law, you must submit a report on the payment of ERUs for your employees.

It takes a lot of effort to get it right and set up. If a legal entity does not have a financier or accountant on staff who can deal with monthly reporting, then the best option is to receive such a service from specialized companies.

It should be noted that it is the legal entity that is responsible for the correct and timely reporting. That is, if you make a mistake when making a monthly payment, then penalties will be applied to the legal entity.

Report Submission Deadline

The report on ERUs is submitted within 20 calendar days following the last day of the reporting period. The reporting period is a calendar month. For example, employers – insurers, that is, legal entities, submit a report for April 2023 until May 20, 2023 inclusive.

Where to report

The report is submitted at the main place of registration with the fiscal authorities. Even if a legal entity actually operates in one region, but is registered in another, it still needs to be sold at the place of registration.

Report submission methods:

• by means of electronic communication in electronic form in compliance with the conditions for registering the electronic signature of the responsible persons of the legal entity;
• in paper form on paper, certified by the signature of the head of the policyholder and sealed (if any), but in addition, you need to submit an electronic form on electronic media (on a flash drive or disk);
• The report in paper form is filled in Ukrainian in printed form or with a ballpoint pen with blue or black ink in block letters without blots and corrections.
• it is also possible to send the report by mail with acknowledgment of receipt and with a description of the attachment, provided that the number of insured persons of the policyholder does not exceed five, no later than ten days before the deadline for submitting the Report.

What services are included in the formation and submission of monthly reports when applying to specialized companies?

• Analysis of the financial condition of a legal entity and advice on monthly reporting and the method of its presentation
• Formation and preparation for filing a report of a legal entity
• Submission of monthly reports to regulatory authorities in any convenient way.

Service cost

The cost is individual depending on the type of legal entity, field of activity and other criteria. You can find out when contacting such a specialized company.

Benefits for a legal entity when applying to a company for the formation and submission of monthly reports

• Proper reporting
• Timely presentation. No need to worry about the ERU report being submitted late
• Savings for a legal entity on the maintenance of an accounting staff
• Reasonable price and confidence that everything is done in accordance with the requirements of the law and tax laws
• Fast preparation of the report and compliance with all legal deadlines

Therefore, if there are still doubts about hiring an accountant or using the services of specialized companies for the formation and submission of monthly reports for legal entities, then you should only try to use the service once so that all doubts are dispelled. After all, you need to understand that specialized companies are result-oriented and are interested in the correct formation and submission of monthly reports no less than a legal entity.