The changes taking place in the economic environment of your company often require a quick entry into a new market. In order to enter the Polish market, one needs to accomplish numerous time-consuming and complex formalities. Lack of knowledge and consulting support may lengthen this process considerably, as well as entail additional costs.
Towston proposes two alternatives for a market entry:
Purchasing a registered company fulfilling all formal requirements.
Choosing this solution enables you to enter the market in just a few days. Upon the purchase of the company the investors may receive tax discounts with relation to CIT and VAT.
The newly established companies have:
- A seat address;
- A company contract;
- Initial capital;
- An active bank account;
- Court registration and an identification number;
- Tax registration (CIT and VAT) and a tax identification number (NIP);
- Registration with the Statistical Office and a REGON identification number;
- Current accounts and financial reports.
Registering a new company.
- Within this solution we guarantee professional and comprehensive services with regard to accomplishing all formalities necessary for establishing a company;
- Preparing documents for company foundation;
- Company registration;
- Cooperation with a notary and a relevant Tax Office;
- Finding an appropriate company seat.
Our team of accountants is composed of high-class, well-experienced professionals certified with the most prestigious diplomas recognised in the European Union. Knowledge and many years of experience of the management allows us to provide accounting services of the highest quality.
In cooperation with tax counsellors and auditors we are able to offer you the most advantageous accounting and financial solutions.
We bookkeeping methods are individually adjusted to our Clients’ needs.
Accounting services:
- Keeping the accounting books and any other records required by separate tax regulations;
- Designing the rules of accounting policy;
- Preparing the corporate chart of accounts and its implementation;
- Preparing statistical reports;
- Preparing reports for the National Bank of Poland;
- Monitoring assets and liabilities;
- Calculating the amounts due for tax advances in accordance with relevant regulations;
- Preparing and submitting in due date to a relevant Tax Office the monthly tax statements with regard to the Goods and Services Tax and the Corporate Income Tax;
- Preparing bank transfers related to the payment of liabilities;
- Preparing periodical financial reports required by separate regulations;
- Preparing monthly lists and analyses of costs, and the margin gained from particular projects;
- Preparing other lists and papers on the basis of booked source documents according to other orders;
- Settling the arrears;
- Representing the Client at the Tax Office and assistance with tax control;
- Ad hoc projects.
Managerial accounting services consist in providing information on the financial situation of the company. It aims at monitoring the activities of the company and informing the Board of the current financial status of the company in the form of reports.
Within the framework of management accounting we provide the following services:
- Consolidations;
- Investigating the company’s financial liquidity;
- Cost centres analysis;
- Sales proceeds analysis;
- Evaluation of the financial balance;
- Other predetermined analyses and reports.
Within the framework of financial reporting we prepare the following documents:
- Balance sheet;
- Profit & loss account;
- Cash Flow;
- Statement of changes in equity;
- Additional information.
Our services with regard to VAT returns include a comprehensive accomplishment of all administrative formalities until the receipt of the VAT amount paid by the company.
Services with regard to VAT return:
- Assistance with preparing the complete documentation necessary for obtaining a VAT return;
- Representing the taxpayer at the Tax Office;
- Assistance with the invoice selection;
- Information on the VAT return application status.
Our experienced specialists not only provide professional HR&Payroll services but also offer practical advice on matters of employment law, staff management, and employee remuneration.
With regard to human resources services:
- Preparing complete personal documentation of the staff (social security registration, employment contracts);
- Committals for medical examination;
- Handling the personal data in compliance with the Polish employment law;
- Keeping record of employees’ vacations and leaves (maternity leaves, parental leaves, sick leaves);
- Preparing notices of employment contract termination;
- Preparing employment certificates;
- Notification of social security termination.
With regard to payroll services:
- Calculating the employees’ remuneration including all supplements;
- Preparing monthly payrolls due for payment including supplements, benefits, and deductions;
- Calculating the Personal Income Tax advance;
- Calculating the social and health insurance premiums;
- Preparing and sending to ZUS (Social Insurance Institution) relevant documents and declarations regarding premiums calculated on the basis of remuneration and other employee benefits;
- Preparing and passing on to the Commissioner ZUS RMUA documents and annual tax statements;
- Preparing statistical information and reports required by regulations and statistical units for given accounting periods;
- Preparing the specification of compulsory fees for special funds, obligatory in a given accounting period;
- Preparing accounting documents with regard to social insurance: ZUS (DRA, RCA, RSA);
- Preparing accounting documents with regard to the Personal Income Tax: PIT-4, PIT-11, PIT-8B, PIT-40;
- Preparing the transfers of remuneration to the employees’ bank accounts and notifying the Commissioner, at the latest 2-3 days before the date of payment, of the amounts of advances for Personal Income Tax PIT-4 and the social insurance premiums;
- Preparing the employee remuneration statements.
In order to obtain detailed information on our offer or using our services, do not hesitate to contact us.
