Accounting in Serbia

 

Traveling orders, outgoing invoices, entry notifications, supplier invoices, payroll, payment slips are a few of the documents in the firm which enter the attention of an accounting firm. No matter the type of business you want to establish in Serbia, whether it is a large company running under the rules of a subsidiary or branch or a small company, it is highly recommended to address your inquiries to an accounting firm in Serbia and ask for this kind of services.

 

 

All the business activities entries, including payroll accounts, trade receivables, trial balance, journals, sales contracts, material expenditure and inventory process must be in the attention of companies through its accounting department or specialized firm in this area. The financial status in a company is extremely important, therefore, specialized support is needed, and you can get in touch with our local consultants.

 

 

Depending on the size of the company, the owners will have to observe the rules for audits and publication with the National Bank of Serbia. This institution will then publish the financial standing of each firm registered in Serbia, no matter if it is established with local or foreign capital. The Association of Accountants and Auditors in Serbia is the institution that supervises the activities of registered accountants in this country.

 

 

Yes, auditing is required for medium and large companies in Serbia and optional for small-sized businesses incorporated in this country. The Serbian fiscal administration is in charge of audits for these companies in Serbia, mentioning that the international standards need to be respected. Entrepreneurs from abroad looking for company formation in Serbia can get in touch with our team and solicit complete accounting services. If you do not want to set up an accounting department in your firm, we recommend you ask for our accounting firm in Serbia and tell us more about your future activities in this country.

 

 

A complete analysis of the company assets, of the incomes and of the financial status is part of the transaction advisory. This is also known as a financial due diligence which helps the entrepreneur understand better the business direction, including risks and opportunities. A specialized accountant can make the needed evaluation and can provide a complete report in this matter. Here are a few aspects linked to a financial due diligence:

 

 

We remind that hidden risks and a company evaluation can be identified by a solid financial due diligence for your business in Serbia. Let us tell you that our team of consultants in Serbia are at your service if you would like to no more details in this matter.

 

Local and foreign investors wanting to explore the business opportunities in Serbia will have to respect all the conditions implicated, especially the ones related to the accounting matters. A company cannot function without an accounting department inside the firm or as an externalized service. This is where our accounting firm can intervene for your company’s needs because they can handle the entire financial records (bookkeeping, payroll, internal audits, financial statements and many more). A professional advice can be offered by a team of accountants in Serbia who have experience in this area and who can guide business owners towards a proper management from a financial point of view. Acting in the best interest of the clients is definitely our concern in any accounting matters which involves your company in Serbia. Limited liability companies, partnerships, joint ventures and joint stock companies are the type of structures available for foreign investors looking for business in Serbia. We remind that our team of company incorporation agents in Serbia are at your service if you want to do business in this country and if you would like to receive accounting services tailored to the business needs. Wanting to develop your company in a solid and efficient manner? Feel free to address your inquiries to our team of consultants.