ACCOUNTING SUPPORT FOR BUSINESS (FIRM) IN ITALY

Accounting outsourcing of companies in Italy is the best option for business owners. The cost of such accounting support is much lower than keeping your own accountant on staff. In accordance with Italian legislation, LLC tax returns are submitted once a year, and VAT returns are submitted quarterly.

JSC also sets requirements for tax and accounting reporting. Accounting reports must be submitted to the Commercial Register.

Accounting support of activity in Italy

For the correct submission of all tax and financial statements, in accordance with EU legislation, a large number of companies registered in Italy use the services of accountants who are not part of the company’s staff. Since we have our representatives in the largest cities of Italy, all financial and tax reports can be submitted by our specialist.

An accounting firm in Italy, what are the advantages of working with it?

External accounting services in Italy have many advantages, the main advantage being that, in case of incorrect submission of reports or calculation of payments, payment at your own expense of all fines issued by the controlling authority.

A Ukrainian-speaking or Russian-speaking accountant in Italy, in particular in Milan, Rome, Naples, is our advantage among other accounting companies.

Consulting on accounting in Italy in Ukrainian or Russian will simplify the understanding between you and the accountant, make it more accessible for you to understand Italian legislation in the field of accounting and taxes.

Accounting in Italy

Since Italy is a member of the EU, and EU legislation sets strict requirements for accounting and tax accounting.

For this, individual entrepreneurs are required to keep books of income and expenses.

At the same time, LLCs and JSCs must keep full accounting records.

In general, there are the following accounting options, they are also used in Italy:

• When a director or an individual entrepreneur independently maintains accounting. In this option, there are practically no advantages, but there are many disadvantages, in particular, insufficient time for conducting business directly, making mistakes in case of omission of novelties in the legislation of Italy and the EU.
• When there is an individual who is registered as an accountant and carries out his activities in the company. In this case, a person fulfills his obligations to the firm without any problems, fulfilling his direct duty of accounting for a certain firm – this is an obvious advantage.

However, there are also disadvantages: the rather large salary for maintaining such an accountant, which reaches about 1 thousand euros per month, and in some cases it can be even more. Also, if the accountant does not come to work, then it is necessary to find a replacement for him, this involves additional costs. Often, one chief accountant and several ordinary accountants are hired, which implies significant costs for their maintenance.

• Accounting support (outsourcing) of business in Italy

There will be no downsides if you contact real professionals who guarantee their work.

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

In more detail about the last point, we provide accountant services in Italy, in particular:

• Accountant in Milan
• Accountant in Rome
• Accountant in Naples

Accountant services in Italy include:

• Accounting service for enterprises of all organizational and legal forms
• Accounting and tax audit of a company (business) in Italy
• Preparation and submission of declarations and reports to tax and control authorities
• Representation of a lawyer and an accountant in the Italian tax authorities
• CIT, PIT, ZUS, VAT, PFRON, NBP, GUS, declarations – preparation, verification and submission to regulatory authorities.
• Keeping personnel records, calculation of salary, payment of relevant taxes for employees, submission of personnel reports
• Import-export operations (WDT, WNT)
• Preparation of invoices and invoices
• Making bank payments
• Analysis of the financial state of the enterprise

Accounting services in Italy are one of the main areas of activity of YK Prykhodko and partners, because we are familiar with EU and Italian legislation in the field of taxation and financing, and therefore clearly understand how the Italian tax system works and will help you choose the best tax system for your business, because for each client, we have an individual approach that depends on the direction of your activity, the organizational legal form of the legal entity.