Accountancy firm and partnerships: When is it worth setting up a company instead of a sole trader?
Deciding on the form of business is a key step for every entrepreneur. In Poland, the most popular forms are sole proprietorship (JDG) and limited liability company (sp. z o.o.). Each of them has its advantages and disadvantages, and the choice depends on the specifics of the company, the level of risk, the type of activity and the individual needs of the entrepreneur. Therefore, when is it worth considering setting up a [...]
Social Security contribution exemption - accountancy firm hints at what a 'contribution holiday' is.
ZUS contributions are compulsory payments to the Social Insurance Institution (ZUS). They must be paid by every entrepreneur conducting business in Poland. These contributions cover various types of insurance, including pension, disability, health and accident insurance. In addition, not every entrepreneur knows that once a year, if the relevant conditions are met, they can take advantage of the so-called contribution holiday. The application [...]
Disbursement of Social Security payments in instalments - Accountancy Office practical guide
Regular payment of Social Security contributions is the obligation of every entrepreneur. In practice, there are situations when, for various reasons, a business person is unable to pay its obligations to the Social Insurance Institution on time. In such cases, a solution that may help to maintain the company's liquidity and meet its payment obligations is the possibility of spreading [...]
Accounting firm advises on how to present company liabilities?
Transparency in the presentation of a company's liabilities is crucial when preparing a company's balance sheet. It is important in building confidence among investors, lenders and other stakeholders. Liabilities, i.e. a company's liabilities, are an important element in assessing its financial health and stability in the market. In this article, we discuss how to effectively present liabilities in financial reports so that they are clear, understandable and useful to [...]
Accountancy firm vs e-file keeping
More and more entrepreneurs are appreciating the advantages of keeping employee files electronically using e-files. This modern form of employee file management is being used by accountancy firms that provide HR and payroll services. These are accounting offices that are moving with the times in terms of the development of technology and the digitalisation of business processes. What is worth knowing about e-files and what [...]
Accountancy office advice - when is it worth suspending your business?
Suspension of business activity is a procedure that can be used by entrepreneurs who have no employees or who only employ employees on maternity, parental or parental leave at any given time. We suggest when it is advisable to suspend your business, what this entails and to what extent an accountancy firm can help. Suspension of business activity - important aspects It is worth knowing that: When is it worth [...]
Accounting Office Warsaw and running of JDG.
In a one-person business, the use of an accounting office in Warsaw is not mandatory, but it can be beneficial for several important reasons. It is possible to do the bookkeeping yourself, but without being a professional, it is difficult to keep track of all important issues and possible changes in regulations as meticulously as a professional accounting office. Warsaw is a city where the choice of qualified accounting firms [...].
How do you set up a sole trader?
There are many reasons to consider setting up a sole trader (often referred to as a JDG for short). Some of the advantages of this solution include simplicity in terms of paperwork, minimised bureaucracy and tax advantages. We explain how to set up a sole trader and for whom it is the most cost-effective solution. What is a sole trader? A sole trader is a [...]
Leasing or Credit - Optimum financing for your business
Introduction to the choice of financing Typically, every entrepreneur at some point faces a decision: leasing or credit? It's a crucial choice that affects your liquidity, investment opportunities and overall business development strategy. In this article, we will focus on leasing, looking at what benefits this solution can bring to your business. What is leasing and how does it work? [...]
Accounting and fixed assets - how to properly account for them?
When it comes to running a company, accounting is one of the key elements in ensuring its smooth operation and compliance with current legislation. In the context of this aspect, the correct accounting of fixed assets is considered particularly important. What are fixed assets in accounting? A proper understanding of what fixed assets are is the foundation for further considerations. In practice, accounting fixed assets [...].
Accountancy office advice: how to prepare for a tax audit?
A tax audit creates a sense of uncertainty and causes considerable anxiety for many entrepreneurs. Although it is a stressful experience for many, proper preparation can significantly reduce the tension associated with a visit from a tax inspector. Our accountancy firm has put together some key tips to help you get through a tax inspection without hindrance or unpleasantness. Make sure all documents are on [...]
The accountancy office will talk about full and simplified accounting
Every company faces an important choice regarding the accounting system it will use. An accounting office can become a key partner in this decision. Full and simplified accounting are the two main accounting systems used by businesses. Full accounting records transactions when a liability arises, regardless of actual payment. It also requires the preparation of complex financial statements. Small companies [...]
How do you choose the perfect accountancy firm for your business?
Choosing the right partner to look after your accounting matters can have a significant impact on the success of your business. A good accounting office not only guarantees compliance with tax and accounting regulations. It can also become a support in financial planning and cost optimisation. How do you make the best choice in the maze of offers available on the market? Here are the key aspects to consider. Understand [...]
