Interim dividends allow companies to distribute part of their realized profit to owners before the end of the financial year, but strictly under clearly defined legal conditions. Although this practice is becoming increasingly common in business, the law precisely regulates when and how such distributions are permitted.
The draft of the new Accounting Law introduces significant changes that will affect both companies and accounting agencies. Among the key amendments are higher thresholds for company classification, a new method for calculating revenue, and additional obligations for accounting service providers.
Considering that bookkeeping is one of the key factors of successful business operations, sooner or later every business owner faces a decision: to hire an accounting agency, an independent accountant, or an in-house accountant.
