Accounting services for EU
We offer comprehensive accounting support for EU , ensure excellent management of your finances, while providing strategic solutions to maximize performance and achieve your business goals.
Establishment of EU
The establishment of a Limited Liability Company (LLC) is done through the One Stop Service (YMS), which checks the completeness of applications and documents. The establishment of an EU requires at least two partners, one full and one limited, with no limit on the percentages of participation.
A specific amount of company capital is not required and instead of a statute you can make a simple private agreement. General partners have unlimited liability and all partners are insured with EFKA . EU profits are taxed at 22%, with 80% withholding tax.
Conversion of LLC to EU
Converting an LLC to an EU is a smart move to simplify a company’s processes and reduce its operating expenses. The conversion of an LLC into a personal company (OE or EE) begins with a unanimous decision of the partners and then follows a relevant notarial act, visa from the D.O.Y., registration with the G.E.MH. and publicity of the conversion. EU administration procedures are less bureaucratic, allowing for more immediate and flexible decisions, while lower accounting costs are foreseen, as no double-entry books are required.
Convert OE to EU
The conversion of an OE into an EU is done either by the entry of a new partner as a limited partner or by changing the status of an existing partner to a limited partner. The process includes amendment of the articles of association and publication of the relevant document, without requiring the dissolution and formation of a new company. The legal form of a limited liability company allows the participation of partners without the commitment of unlimited liability, making it easier to increase the capital of the company through new contributions, without this implying the active involvement of the partners in the management.
EU accounting and tax monitoring
- Complete accounting services for sole proprietorships
- Bookkeeping and submission of VAT returns
- Consulting on taxation and tax planning
- Strategic advice for further growth
- Payroll management services
- Investment strategy NSRF
