ACCOUNTING SUPPORT FOR BUSINESS ( COMPANY ) IN PORTUGAL

ACCOUNTING SUPPORT FOR BUSINESS ( COMPANY ) IN PORTUGAL

Accounting outsourcing of companies in Portugal is the optimal option for business owners in Portugal. The cost of such accounting support is much lower than keeping your own accountant on staff.

Accounting support of activities in Portugal

Most Portuguese companies use the services of external ( outsourced ) accountants.

Accounting firm in Portugal, what are the advantages of working with it? Outsourcing accounting services in Portugal has one very important advantage. Such an accounting company can guarantee, in case of incorrect submission of reports or calculation of payments, payment at its own expense of all fines issued by the controlling body.

A Ukrainian-speaking or Russian-speaking accountant in Portugal, in particular in Lisbon and other cities, is our advantage over other accounting companies.

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

Accounting in Portugal

Portuguese law requires mandatory accounting and tax records. For this, individual entrepreneurs are required to keep books on income and expenses.

• In Portugal, as in most countries, there are three possible accounting options.
• 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, lack of time to directly conduct business, making mistakes due to overload, and lack of time to monitor all legislative changes, etc.;
• When a Portuguese accountant is included in the company’s staff (in-house accountant ).On the plus side, it works only for your business, all the focus is on your finances. Of the minuses, the salary of such a specialist is 1,000 euros per month. The services of an accountant with significant experience can cost 3-5 thousand euros per month, it is important to find an accountant to join the company and it takes a lot of time due to the specifics of various types of business, and there are no universal accountants, if such an accountant gets sick or resigns, you will immediately have problems, because it will be difficult to replace it quickly. Accounting support ( outsourcing ) of business in Portugal.

There are no cons if the company you contacted is reliable.

On the plus side – due to a large number of accountants of various specializations, we guarantee a lower cost, work in 24/7 mode, take responsibility for the actions of our accountants, have perfect knowledge in almost all types of business, have collective discussions of complex accounting or tax issues, service in almost the entire territory of Portugal.

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

• Accountant in Lisbon
• Accountant in Porto
• Accountant in Amdor

Our accountant can help you with the following services:

• Our accountants in Portugal use the latest software;
• Keeping a tax book of income and fees by an accountant in Portugal ;
• Keeping a trading book for a company in Portugal ;
• Calculation of wages for employees;
• Accounting and tax audit of a company (business) in Portugal ;
• Preparation and submission of declarations and reports to tax and control bodies;
• Representation of a lawyer and an accountant in the tax authorities of Portugal ;
• 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 ;
• Debt monitoring and risk assessment;
• Communication with regulatory bodies.

Accounting services in Portugal

One of the main areas of activity of Law firm Prykhodko and partners, we clearly understand how Portuguese legislation works, we will help you choose the optimal tax system for your business, legal optimization mechanisms, etc.