Bookkeeping, Tax Compliance & Paralegal

A specific department has been created on the basis of experience gained over the years. The reason for such activity stems from the consideration of the actual needs of foreign investors confronting the potential pitfalls of a foreign jurisdiction, or clients having a small business not requiring an expensive administrative structure. The target of such a service are small and large non-Italian companies starting business in Italy and having to cope with day-to-day compliance, almost always unknown and which could result in the company paying penalties. The results of the department seem to have been extremely successful, according to the reaction of clients, since it is structured as a “turn-key service” whereby clients may solve all routine problems related to tax and non tax formalities. The range of services included in this area are the following:

• Bookkeeping, kept on the basis of Italian rules (VAT, journal entries, inventory control);
• Periodical reporting, with budget comparison and conversion into foreign accounting principles for consolidation purposes;
• Preparation of the annual financial statement, tax return, VAT declaration, with-holding tax declaration, IMU declaration, asset depreciation management;
• Ongoing assistance in tax matters;
• On-line information on new laws;
• Filing with the competent bodies of the company’s documents; deposit with the Companies’ register of annual financial statements and minutes of shareholder and board meetings concerning appointments, powers, resignations, etc;
• Assistance for tax refunds (income tax, VAT);
• Requests for administrative authorizations.