Often there are circumstances in which you simply do not know how to move on, but need to react quickly.

For example, you are buying a land in BIH with intention to setup a shoe production hall and want to conclude a turnkey agreement with a German construction services provider for which you need mezzanine financing provided by the Dutch company. Do you know what should you and your business partners take into account from tax perspective except for the VAT?

The more details are provided and better description of the (envisaged) transaction from the commercial perspective is made, the more precise and punctual our tax advise will be.

The four leading Adria Tax Fin Group experts have over 100 years of extensive practical experiences and are able to cover all tax aspects of the transaction.

Tax compliance and reporting services are focused on providing assistance in preparation of tax returns/declarations as well as other types of mandatory reporting where conditions are met.

Our services range from tax/branch office registration procedures to VAT bookkeeping and reporting services, analysing trial balance with the purpose of drafting the corporate income tax return as well as more complex tax-related reporting, such as DAC6, DAC 7, CbCR, TP etc.

Each case is different; therefore, our experts are providing tailored approach to each client.

In post-pandemic times there is time for governments to strengthen public finance by sometimes letting aggressive tax inspectors out in the field.

Without proper knowledge and support you may easily become tax inspector`s worst friend and suffer tax cash outflow. Nowadays, focus of tax inspectors is transfer pricing, non-taxable compensations to employees/directors/shareholders and of course VAT in international transactions to name a few.

Adria Tax Fin Group can help you properly prepare for the inspection procedure and stand by you as long as it takes during tax audit to help you defend your legitimate business decisions.

It is not uncommon that our tax experts are given full authorization to engage with tax inspectors directly and have full access to information and documentation that is handed over to tax inspectors.

Note that expert`s support in tax inspection or litigation procedure can direct the “tax ship” from the iceberg.

Either in the early stage of entrepreneurship or as part of a global re-organization you may find yourself asking about the appropriate organizational structure not only to reduce the operating expenses but also to cut down on tax expense.

Now the tax related question is whether to have a HQ in Seychelles or in Austria, where to put the operating entity (is it BIH or Serbia), which jurisdiction offers beneficial treatment of passive income (Cyprus or the Netherlands…maybe Madeira) or has the law on extremely beneficial tax treatment of salaries in the IT sector in N. Macedonia already been approved in the parliament…

All in all, it is easy to set up a shell company in tax haven, but have you thought of potential consequences, related to withholding tax regime, participation exemption conditions, substance requirements, black listed countries, fixed place of business, cash withdrawal or permanent establishment risk etc?

Our tax consultants are here to help finding the most appropriate and reliable solution that will now only save you money, but also let you sleep well.

One of must-have tasks in the M&A process is tax due diligence.

Having no tax due diligence is the same as buying a car without checking if the car dealer paid import VAT on the vehicle.

And guess what; you won`t believe how many “tax consultants” or “tax advisors” think that tax due diligence is a matter of ticking the box on M&A`s TO DO list or that all there needs to be done is to reconcile tax reports with the trial balance amounts.

We believe such approach is wrong and presents a threat to your future investment.

During tax due diligence process we dig into analytical evidences, numbers, contracts, review and assess unusual types of transactions and hold an interview with key employees of the target entity to identify potentially material or systematic tax risks that the target entity may be facing in the future.

The outcome of tax due diligence process should be a clear presentation of identified tax risks and likelihood of such events supplemented with suggestions on mitigation thereof).

In the world of digitalization the globalization process is happening faster than ever.

With globalization companies are getting involved into intra-group transactions more frequently and easily than ever which from the tax authorities perspective is seen as “risky business”; consequently transfer pricing is usually on top of tax inspectors list of activities.

Regardless of what types of transactions you are engaged in with your group of MNE, you should always have the proper transfer pricing analysis documented according to the local regulation and OECD guidelines, where appropriate, to have the best possible transfer pricing defence file ready upon demand if not already at the time when the corporate tax declaration is submitted to the authorities.

There are two simple principles which we suggest to our clients;

1) be prepared in advance and

2) transfer pricing policy should always follow business.

Either your company is engaged into intra-group transactions or are acquiring/charging for services that attract withholding tax, benefits arising from multi-/bilateral agreements or directives should always be taken into account and proper action taken to apply those in practise.

It may happen that tax inspection will also lead to double taxation which may happen as a result of the secondary adjustments in relation to transfer pricing adjustment. Eliminating double taxation should be possible either through one-sided or two-sided resolution approach, however in practise it all depends upon the details of each individual transaction that our tax experts analyse prior making any move.

Adria Tax Fin Group experts are here to assess, assist and assure the outcome of cross-border taxation follows globally agreed principles of avoiding double taxation.

Let`s say you have a steady business and are considering to employ a tax expert because you have gone international and are dealing with constant tax challenges across different jurisdictions.

Perhaps you set up a couple of subsidiaries in different jurisdictions and need to keep a constant eye on transfer pricing, decide upon proper intra-group pricing policy and react when business decisions are not completely in line with the transfer pricing regulation.

If that employee decides to leave the company or ends up on a long sick leave you risk the loss of continuity and will need to deal with the new hiring process and having your employee trained practically from scratch again. And even in such circumstances, one person can hardly cover all aspects of taxation.

Alternatively, you can decide to hire our whole team of tax experts for the price of a solid expert. Our dedicated tax expert will not only act as an outsourced tax expert but also will get to know your firm well, he will communicate with us so you actually get a full tax technical knowledge in one person. And even if that person may no longer be available, our team members can instantly jump in as we will already understand your business and be able to assist without a problem.

An adequate accountant is not only professional but also eager to understand your business operations in order to provide best possible support to your daily business.

Not all our accountants can fight like “Christian Wolf” – The Accountant, however, they are willing to fight for your right when it comes to the accounting standards.

With assistance of our experts from tax and finance advisory service lines our accountants can deal with local, international, simple or highly structured and complex situations with a great deal of confidence and reliability.

Regardless of the purposes and type of valuation services, our Adria Tax Fin Group experts provide adequate and reliable valuations of businesses, units, (in)tangible assets and property.

Services are performed in accordance with applicable standards and regulation by certified experts who use adequate financial database at their work, so that in case of financial audits, tax inspections, M&A`s or similar procedures the value asserted by our experts can be relied upon.

Financial and business advisory services encompass an extensive list of services related to mergers and acquisitions, business and financial restructuring, assuring or increasing the liquidity, acquiring financial funds, representing clients during insolvency proceeding, cash flow assessment, assisting in preparing annual reports, cooperation with external auditor etc.

Where required services of Adria Tax Fin Group financial experts are performed in a tight cooperation with tax experts so that the best possible result for our clients is achieved in the end.