In a fast changing world, we are helping clients build a tax function for the future. Our complete approach to tax management brings together tax function design, technology and compliance delivery. By aligning tax and tax technology strategies with commercial goals, the tax function will become a strategic business asset, adding value across the organisation.
Understanding our clients’ challenges, goals and needs is just the start. Successful change will require re-engineering ‘end-to-end’ processes, not just the final outputs.
We can work to:
Meet the challenges of complex multi-tax reporting and compliance obligations
Design and execute the right tax and tax technology strategies to manage tax risks in a rapidly changing and increasingly transparent global environment
Take full advantage of the opportunities presented by a technology and data enabled world
Our clients benefit from long-term cooperation and the provision of high quality services, stable operation of outsourced processes and flexibility in reacting to the changing needs of your business.
We can assist you with:
- Accounting and reporting services
- Payroll
- VAT Compliance Services
- Corporate Income Tax Compliance Services
- Assistance with ERP implementation/localization (accounting and tax modules)
Accounting and reporting services
Initial set-up of accounting database and chart of accounts in ERP system
Bookkeeping in accordance with the requirements set out by the CroatianAccounting Act, International Financial Reporting Standards, National Accounting Standards and group accounting policies
Account and intercompany reconciliations
Maintenance of fixed assets register
Preparing monthly or annual reports for management and group reporting purposes
Drawing up reports for the National Statistical Institute
Drawing up reports for the Croatian National Bank
Statutory year-end closing, assistance for year-end procedures, reconciliations and statutory audit
Preparing annual financial statements in accordance with International Financial Reporting Standards or National Accounting Standards
Preparing of annual activity report for the National Statistical Institute
Tax technology implementations and related ERP support
Web accounting services on the basis of MS Dynamics NAV where clients can access the application and their financial data any time and anywhere using the internet
Payroll
Setting up initial configurations for the company and for each employee;
Calculation of monthly net remuneration, personal income tax amounts and social security contributions and preparing the monthly payroll reports
Submitting payroll reports to the relevant tax and social security authorities
Preparing HR documentation related to payroll (e.g. hiring and dismissal documents; documentation for changes in salary, position, departmental affiliation and other significant terms of employment contracts);
Drafting employment contracts and amendments using the client’s standard template;
Calculating severance payments and settlements when employment is terminated
Preparing annual settlements
Assisting in making tax and social security contribution payments to the relevant tax and social security authorities
Defining the tax / Social Security status of an employee in Croatia
Advising in the field of taxpayer duties, filing obligations and dates
Preparation of pension certificates, income statements
Preparation of all bank documents related to the payments of the salary
VAT Compliance Services
Maintaining purchase and sales records in accordance with the VAT Act
Drawing up monthly VAT returns
Submitting VAT returns to the tax office by the relevant due dates
Completing quarterly summary VAT statements in respect of intra-Community transactions (EC listings)
Completing monthly Intrastat declarations
Completing monthly VIES declarations
Tax advice regarding the treatment of selected transactions within the VAT law
Tax payment advice and assistance in the refund procedures of excess input tax over output tax
Periodic reviews of VAT calculations
Corporate Income Tax Compliance Services
Preparing monthly and annual CIT calculation and CIT returns
Submitting CIT returns to the tax office
Preparing supporting schedules substantiating differences between the financial statements and the CIT returns
Preparing deferred tax calculations and performing deferred tax reviews
Tax advice regarding the treatment of selected transactions within the CIT law
Tax payment advice and assistance in the tax refund procedures
Periodic (monthly, quarterly or annual) CIT reviews
Preparing withholding tax returns
Identifying tax planning opportunities with a view to potential tax savings. Corporate administration services
Supporting start-up businesses in fulfilling the regulatory requirements and preparing the company’s reporting system for effective day-to-day operations
Registrations of the company for tax, statistical, and other regulatory purposes
Preparation of templates for compulsory documents and disclosure requirements
Assistance with ERP implementation/localization (accounting and tax modules)
We review and test the localised version of the respective accounting and/or tax modules of the ERP implemented in a local company for its full compliance with the Croatian legislation.