How do I register as a taxpayer?
Registration is done with the tax authority when a company is founded or starts its activity, usually through the e-taxes.gov.az portal. We can prepare the documents and complete the registration on your behalf.
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Registration is done with the tax authority when a company is founded or starts its activity, usually through the e-taxes.gov.az portal. We can prepare the documents and complete the registration on your behalf.
The Tax Code defines the cases in which VAT registration is mandatory; voluntary registration is also possible. Whether it makes sense for you depends on your turnover and clients, so we recommend a short consultation.
Deadlines depend on the type of tax and return and are set by the Tax Code. We keep a tax calendar for each client and file returns on time.
Late filing or payment may lead to financial sanctions and interest under the Tax Code. If a deadline has already been missed, contact us — we’ll help assess the situation and correct it as soon as possible.
Tax authorities carry out desk audits based on submitted returns and, in some cases, on-site audits. We review your records in advance, prepare the documents and support you in communication with the tax authority.
As a rule, public-interest entities and large companies prepare their financial statements under IFRS; the criteria are set by accounting legislation. We’ll check which requirements apply to your company.
National standards are simpler and focused on local reporting requirements, while IFRS requires more detailed disclosures and a broader use of fair value and professional judgement. The differences show, for example, in how revenue, leases and financial instruments are recognised.
We analyse the differences between your current accounting policies and IFRS, prepare an opening balance sheet and restate comparative figures. The timeline depends on the size of the company and the quality of its existing records.
Yes. We prepare consolidated statements for groups of companies: we eliminate intra-group transactions and align accounting policies across subsidiaries.
We can run practical sessions on the standards relevant to your business. For a formal qualification, ACCA’s DipIFR is a widely recognised option.
Processing primary documents, keeping accounting and tax records, preparing reports and filing returns. The scope is agreed in the contract and can be expanded as your business grows.
Primary documents (invoices, e-invoices, acts, contracts, bank statements), payroll and HR records, and the reports you have filed. Retention periods are set by law; we’ll help you organise your archive.
Some tax returns and payroll-related reports are filed monthly or quarterly, while financial statements and certain returns are annual. The exact set depends on your tax regime and type of activity.
Yes: we calculate salaries, related taxes and social contributions, and prepare payroll reports and HR documents. Calculations are based on your employment contracts and internal rules.
We take over the records from your previous accountant, check the balances and, if needed, rebuild the chart of accounts and accounting policy to fit your activity. We plan the handover between reporting periods so that no return is filed late.
Mandatory audit applies to the categories of entities specified by law, for example public-interest entities. Other companies often commission a voluntary audit for shareholders, banks or investors.
It depends on the scope of work, the size of the company and how well its records are prepared. We agree the timeline in advance, after an initial review.
Typically: financial statements, the general ledger and trial balance, bank statements, contracts, and inventory and fixed-asset records. We send a detailed list before the work starts.
Fixed assets and equipment, real estate, and businesses or shares in a company. Valuations are used for sales and purchases, loan collateral, financial reporting and disputes.
We apply three approaches: market (comparison with similar transactions), income (based on future cash flows) and cost (based on replacement cost less depreciation). The choice depends on the asset and the purpose of the valuation; often several approaches are combined.
Yes. We analyse your processes, configure the system for your accounting and management needs, and train your users.
Yes. We transfer reference data, balances and historical records, then reconcile them with the source so that reports match.
Where technically possible, we set up data exchange with banks (statements and payments) and with tax services such as electronic invoices. This reduces manual entry and errors.
We start with the basics: access rights, backups, updates and account protection. In accounting and ERP systems, we set up role-based access and regular backup checks.
Yes: under a service agreement we help your users, adjust the configuration and install updates.
Start with a free introductory consultation: we discuss your tasks and suggest a scope of work. You can reach us by phone, e-mail or the form on the website.
The price depends on the scope of work, the volume of transactions and the complexity of the task. After the consultation, we prepare a proposal with a fixed or monthly fee.
Yes, we work under a written contract that sets out the scope, timelines, cost and obligations of both parties.
Confidentiality obligations are part of the contract, and access to client data is limited to the specialists working on your project.
Azerbaijani, English and Russian — both in communication and in preparing documents and reports.
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