The new legislation obligates the VAT-registered taxpayers (except those exempt from VAT) to keep computerised records of all data required to fill out tax returns and recapitulative statements.
There are multiple reasons for business to invest in Eastern Europe. Some companies are attracted by growing economies and the increasingly wealthier middle class. Others simply want to reduce costs or benefit from the relatively skilled labor force. However, as the level of cross border transactions increases, companies want to monitor and control their financials more intensively. A reliable accounting partner becomes a valuable asset.
We have been helping international companies for years in the region. Our accountants and advisors are familiar with the issues that arise in challenging market environments. We will help you discover the full potential of your target markets.
Read more about our accounting, payroll and advisory services here!