Services
We keep the books, run payroll and track tax obligations for small, medium and large companies, entrepreneurs and foreign persons doing business in Montenegro.
Bookkeeping
Keeping the books in line with the rules, from the general ledger to consolidated financial statements.
- Keeping the general ledger, purchase and sales ledgers and the trade book
- Fixed-asset records and depreciation
- Costings for wholesale, retail, import and export
- VAT calculation and the monthly VAT return
- Annual accounts and interim statements for loan applications
- Annual, half-yearly and monthly financial statements applying IAS and IFRS
- Preparation of consolidated financial statements
- Annual accounts and the trial balance in English
- Organising the storage of books and accounting records
Payroll and benefits
Payroll for employees, with every accompanying form and record.
- Payroll and the tax and other forms that go with it
- Service contracts, authors' fees, rent and similar payments to individuals
- Forms for employees' years of service
- Forms for hiring and for the end of employment
Tax advisory
Tax rules cannot be separated from the books, so advisory work goes with bookkeeping, and as a separate engagement when needed.
- Taxes and contributions on salaries and work-related payments
- Tax treatment of service contracts and authors' agreements
- Property tax and income from property, including rent
- Value added tax calculation
- The tax balance sheet and corporate income tax
- Tax on dividends and profit shares
- Keeping tax records and reporting under the tax rules
Financial and accounting consulting
Advice for companies that have their own accounting department, companies being formed and companies already trading.
- Applying international accounting standards and choosing accounting policy
- Applying the rules, drafting the accounting rulebook and internal acts
- Review and analysis of financial statements
- Assessment when deciding on restructuring, merger or a split
- Organising the accounting and finance function and internal controls
- The internal reporting system
- Choosing accounting software
- Training staff for finance and accounting work
- Advice on business and financial decisions
Company formation and status changes
From registering a company or an entrepreneur to the changes a firm goes through while it trades.
- Registration of every form of company and of entrepreneurs
- Registration of changes with the competent register and other institutions
- Registration of the continuation of business
- Valuation of assets and capital
- Liquidation and bankruptcy
Running the business for foreign founders
For companies whose founders are abroad, we also take on the steps the owner would otherwise do themselves.
- Receiving and issuing invoices
- Paying liabilities and collecting receivables
- Receiving documents and passing them to the people responsible
- Registering and deregistering employees
- Other work set out in the contract
Next step
Not sure what you need?
Tell us what the company does and how many people it employs, and we will say which of this applies to you.