The term “lump-sum taxpayer” is a very popular choice of among entrepreneurs in our country due to the smaller number of obligations and, subsequently, easier way for their settlement. Opting for the lump-sum taxation model does not imply that this will be the cheapest option; all pros and cons shall be thoroughly considered in every single case.
A question often asked by employed foreign citizens (who have a work permit) is if they can pay salaries in foreign currencies or in compliance with the agreements on regulating the rights and duties of a non-resident manager or they can pay salaries to the employees of foreign representative offices, branches, etc.
The legislator has foreseen potential oscillations and regulated potential changes in the amount of monthly income tax advances by the Article 68 of the Income Tax Law. This means that this article stipulates the possibility to submit Periodical Tax Basis Balance Sheet in order to consolidate the income tax for the current period as adequately as possible.
Balance sheet and income statement are traditional finance statements. However, apart from these, a set of statements, among which cash flow statement is the most significant, is also very important. Cash flow statements are classified into three groups:
Financial statements provide the information about performance assessment to both external (investors, creditors, tax authorities, statistical authorities, etc.) and internal users (employees, owners, managers, etc.).
Bank account in Serbia - Greater Level of Control, Tax benefits, Easy Bank Account Opening, Residency in Serbia, Cost-Effective Locations, Serbian banks CRS free zone
Immigrating to Serbia is always a good decision. The list of reasons is long, and we invite you to visit us and get in touch with the spirit of Serbia, that over the years has been a country located at the crossroads between East and West...
Serbian LLC - It can be founded by any person – individual or legal entity, regardless of the citizenship. UBO, directors and shareholders doesn't have to be Serbian citizens or residents, but director can apply for Serbian residence.
The expenses of its sovereign power are covered by the state from its own economic activities, relying on the economic strength of the individuals or by taking part of legal entities profit. Taxes are always a painful contribution to the state, as it does not provide any compensation or service for tax collection from natural and legal persons. One in a series of tax deadlines concerning
At least once in your life, you surely wanted to start a start-up, register your company and start your entrepreneurial life. There is nothing better than the moment when you put the puzzle together and you can turn your own experience, knowledge and skills into a unity that is called a company. Accounting services are an important factor when opening a company...
