Ilham Aliyev
We believe that trust needs to be earned over years, and it can be lost with one wrong step.
Yes, but this increases the risks. Since legislation changes frequently, professional support is recommended. We offer both full accounting services and a supervision model (outsourcing + supervision).
Yes. We prepare reporting compatible with existing systems (such as Mikro) and provide integration support. When needed, we also develop Excel-based control tools.
Yes, this service is provided within the framework of HR accounting, including entering employment contracts into the system, managing leave, sick notes, and more.
This is a highly relevant issue. We provide all our clients with monthly or quarterly summaries of legislative updates. Additionally, we offer brief reviews explaining the specific impact of these changes on the company.
Each delayed tax return may result in administrative penalties and the loss of certain benefits. For example, if the VAT return is submitted late, a penalty of 40 AZN may apply, along with additional interest charges.
No. These two regimes are mutually exclusive. If you are registered for VAT, you can no longer use the simplified tax regime.
Tax obligations under the TIN rest with the taxpayer before the tax authority. Even if there is a technical visibility issue in the system, interest and penalties are applied automatically when payments are not made. To ensure proper control and up-to-date information, we provide daily and monthly outstanding balance reports.
It is acceptable for small businesses on a temporary basis, but it is risky in terms of traceability and documentation during a tax audit. We provide Excel-based control files, checklists, and automated calculation tools, but we also set up a parallel structured accounting system.
Yes, every expense must be supported by an invoice, receipt, contract, or payment document in order to be recorded in the accounts. Otherwise, the expense cannot be recognized for tax purposes and may raise concerns during an audit.
An employment contract establishes an employer–employee relationship, and social insurance (SSPF) and other mandatory payments apply. A service contract, however, is treated as an independent service, and employment obligations do not apply. If employment relations are disguised under a service contract, it may result in serious penalties.
Joint-stock companies
Enterprises with state participation
LLCs whose annual turnover or assets exceed a certain threshold (above 500,000 AZN)
— In other cases, a voluntary audit is recommended, especially during investment processes, loan applications, or company sale transactions.
Attracting a new investor or partner
Loan applications and bank reporting
Management changes or staff rotation
Company sale or restructuring (division)