Bookkeeping and Fiscal Declarations

Bookkeeping and Fiscal Declarations

  • Outsourcing Bookkeeping

Companies need to focus their energies on driving the business forward and outsourcing will help you achieve this. Transferring certain services to a third party not only allows you to concentrate on your core business, it can also improve efficiency and cut costs. Operational bookkeeping or accounting is concerned with the financial aspects of running a company. Our main areas of focus are planning, directing and controlling. Our firm analyzes the impact of the company’s daily activities on the balance sheet and reviews current accounting processes to find problem areas or inefficiencies.

 

  • Sales and Purchase Books, VAT Declarations

Declarations of Monthly Sales Book and Purchase Book, Value Added Tax through the Albanian Online Tax Declaration System.

 

  • Payroll Accounting and Tax

Our team of bookkeeper offers the following services:

  1. Preparing and monthly filing online employees’ payrolls, including calculation of salaries, contributions for social insurance, health insurance and personal income tax.
  2. Preparation of corresponding payment orders, and transfer orders for employees’ salaries.
  3. Preparing and filing annual salary returns.
  4. Registration/deregistration of employees in the Albanian Online Tax Declaration System and relevant social institutions.
  5. Preparation of calculations for other contracts per Client requests.
  6. Consultancy and preparation of employee documents according to Albanian Law’s.

 

  • Tax Deducted on Source

Declarations of the (TDS) Tax Deducted on Source through the Albanian Online Tax Declaration System. In Albania, TDS is used for different services such as: dividend distribution, payment of the tax on leases, payment of winnings from casinos and other fortune-based games, payment from intellectual properties, among many others.

 

  • Third Party Relationships (Customs, General Tax Directorate etc.)

Our firm offer to maintain track of Clients and Suppliers contracts and payment’s according to transactions agreed, advise and represent to the Albanian Customs and General Tax Directorate regarding different cases. Our firm also prepares the national and local tax or tariffs payment order.

 

  • Other Taxes based on the type of Activity

Depending on the industry of one’s activity, Albania has different tax systems and requires different tax declarations, always through the Albanian Online Tax Declaration System.