Accurate determination of tax liabilities and timely submission of tax reporting are an important part of any company’s operations. Errors in calculations, incorrect reporting of transactions or inconsistencies in tax returns may result in additional tax liabilities, penalties and financial sanctions.
FlexAudit supports companies in calculating tax liabilities and preparing and reviewing tax returns and other mandatory tax reporting. Our work takes into account the specifics of the company’s activities, the nature of its transactions and the requirements of Azerbaijani tax legislation.
We also review tax reporting that has already been prepared or previously submitted. This helps identify errors and inconsistencies, assess whether amendments are required and, where appropriate, prepare amended tax returns. Such reviews may cover a specific tax or reporting period, or several types of tax liabilities.
A separate area of our work covers tax registration for companies and entrepreneurs, including VAT registration and amendments to tax registration details.
What the Service Includes
Calculation of tax liabilities, preparation and submission of tax returns
Determination of the company’s tax liabilities and preparation of the relevant tax returns in accordance with applicable tax legislation. Review of tax returns and mandatory tax reporting
Review of calculations, reported transactions and compliance of the submitted tax reporting with applicable requirements. Correction of previously submitted tax returns and tax reporting
Analysis of identified errors and preparation of the necessary amendments for the relevant tax periods. Tax registration, VAT registration and amendments to registration details
Support with tax registration procedures and preparation of the necessary documents and information required to make the relevant changes.
FLEXAUDIT