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Accounting for individual entrepreneurs

Accounting is the basis of any business as it provides information about business profitability, allows entrepreneurs to make rational executive decisions, shows and records business activity indicators as well as how assets are used. Proper organization and keeping of accounting are vital to businesses if they want an accurate reflection of their economic position.  Only a professional, experienced accountant can guarantee that accounting functions will be duly fulfilled.

Our team consists of professional accounting specialists, and our company has been providing outsourced accounting services for many years and various industries.

We value our clients so we select individually for each of them the services they need to run their business effectively. For each project, we put together a team of qualified specialists consisting of experienced accountants, lawyers, and tax advisers. This way, our clients get a full range of services from primary document processing to tax return submission.

At present, the simplest way of doing business is to register as an individual entrepreneur: not only the registration procedure and business process organization are rather simple, but they also allow hiring employees. Despite its simplicity, conducting business as an individual entrepreneur still requires the skills and expertise to resolve legal and accounting issues.

A priority for any individual entrepreneurs is to optimize their own business processes so that they can focus on business development, find ways of cutting costs rather than spend their valuable time on accounting functions, filling out primary documentation and submitting reports.

A small number of individual entrepreneurs have their own in-house accountant, while the majority of them keep accounting themselves or engage accountants when necessary.

But it is rather difficult for individual entrepreneurs to keep accounting on their own as laws change constantly, a large number of reports need to be submitted, there are no clear instructions for filling out reports, and calculating tax is a complex task.  That is why, to save time and money, most individual entrepreneurs engage outsourcing companies to keep accounting for them.

When you order our accounting services, you get continuous accounting support so you no longer encounter problems such as finding a qualified employee, replacing accountants in case of vacation or sickness, insufficient knowledge of changes to the laws (our specialists constantly monitor such changes).

We guarantee full confidentiality and trade secret security to our clients.

The purpose of our company is to provide qualified assistance with the organization of accounting and in making effective management decisions.

The range of accounting services we provide to individual entrepreneurs depends on what needs to be done and is offered in several packages.

Accounting services packages

Minimum package

  • Online banking (client-bank), making payments;
  • Processing outgoing primary documents (delivery notes, statements of services rendered) up to 5 documents per month;
  • Preparing and submitting return for individual entrepreneur single tax once a quarter.

Optimal package

  • Maintaining income and expenditure ledger;
  • Online banking (client-bank), making payments;
  • Processing outgoing primary documents (delivery notes, statements of services rendered) up to 10 documents per month;
  • Payment of taxes (single tax, unified social tax);
  • Preparing and submitting return for individual entrepreneur single tax once a quarter.

Full package

  • Online banking (client-bank), making payments;
  • Processing outgoing primary documents (delivery notes, statements of services rendered);
  • Payment of taxes (single tax, unified social tax);
  • Preparing and submitting return for individual entrepreneur single tax once a quarter, 1 DF unified social tax report once a year;
  • Payroll for up to 5 employees.

For more information, please feel free to contact us