ACCOUNTING SUPPORT FOR BUSINESS (FIRM) IN THE CZECH REPUBLIC

Accounting outsourcing of a company in the Czech Republic is a rational use of their money and time, because maintaining their own accountants requires more funding than ordering such a service from professionals.

Accounting support for activities in the Czech Republic

Most companies in the Czech Republic, like other European countries, choose the services of external accountants.

What are the advantages of accounting support in the Czech Republic?

• In case of incorrect submission of documents or incorrect submission of reports or filling out declarations, all fines imposed by the supervisory authority will be paid by the accounting firm.
• A Ukrainian-speaking or Russian-speaking accountant in the Czech Republic, particularly in Prague, Brno, Karlovy Vary or other cities, is our advantage over other accounting firms.
• Accounting consulting in the Czech Republic in Ukrainian or Russian will be an excellent solution in case of misunderstanding of tax legislation, accounting legislation and other financial issues.

Accounting in the Czech Republic

Czech law requires accounting and tax accounting. To do this, individual companies are required to keep books of income and expenses. The company must keep full accounts in the Czech Republic.

In the Czech Republic and in other countries, there are several options for accounting, each of which has its advantages and disadvantages. These options:

• When the director of a legal entity or sole proprietor independently maintains accounting records

This option has more disadvantages than advantages. Among such shortcomings are the limited time of the director to maintain such accounting support, the possibility of errors in accounting, as well as the possibility of omitting changes and innovations introduced into the legislation in the field of taxation.

• When there is an individual who is employed as an accountant and operates in a firm.

In this case, the person easily fulfills its obligations to the firm, fulfilling its direct responsibility to keep accounts in a particular firm – this is an obvious advantage. However, there are disadvantages, it is quite a high salary for the maintenance of such an accountant, reaching about 1 thousand euros per month, and in some cases may be more. Also, if the accountant does not go to work, you need to look for a replacement, it involves additional costs. One chief accountant and several regular accountants are often hired, which involves significant maintenance costs.

• Accounting support (outsourcing) of business in the Czech Republic

There will be no disadvantages if you turn to really professionals who guarantee their work.

Among the advantages should be noted the following – we have a large number of accountants of various specializations, and therefore we guarantee performance at the highest level, low cost of service compared to others, answers to any of your questions that may arise in the implementation of accounting . Our specialists have a high level of knowledge in many types of business.

In the case of accounting outsourcing, we provide the following services:

• Accountant in Prague
• Accountant in Brno
• Accountant in Karlovy Vary
• Accountant in Pilsen
• Accountant in the Islands

What services are included in the accounting support of business in the Czech Republic?

• the latest activity software
• import-export operations
• consulting on labor legislation (payroll, hiring and firing, leave and other issues)
• full accounting and tax audit of enterprises.
• representation of a lawyer and accountant in the tax authorities of the Czech Republic, as well as communication with other government agencies, enterprises, institutions and organizations.
• filling in and submitting declarations to tax and controlling bodies of declarations and reports
• advising on the choice of tax system
• work with both legal entities and sole proprietors
• making bank payments

Preparation and renewal of primary documentation in the Czech Republic – preparation of the necessary primary documentation in case of relationship with contractors, signing contracts and others, it is also possible to check personnel documentation.