For many companies, especially small and medium-sized businesses, maintaining a team of highly qualified accountants is not economical. Employment costs may be disproportionately high. It can be more efficient to employ an operator who processes source documents and engage our specialists when professional work is required to prepare reports.
MG Alliance SIA uses modern technology to prepare and submit tax and financial reports. The relevant processes, including electronic submission, are automated.
Reports can be prepared and submitted under an ongoing accounting-service agreement or as a one-off assignment.
MG Alliance SIA provides:
- preparation of value added tax declarations;
- preparation of corporate income tax declarations;
- calculation of social contributions;
- preparation of excise-duty and natural-resource-tax reports;
- preparation of tonnage-tax reports;
- preparation of tax reports for individuals who are non-residents of Latvia;
- preparation of annual personal income tax reporting;
- submission of all types of tax reports through the Electronic Declaration System;
- preparation of accounting reports for organisations using a simplified taxation regime, including micro-enterprises where applicable;
- preparation of a consolidated balance sheet based on accounting registers;
- preparation of payroll calculation statements;
- preparation and submission of personalised employee records; and
- preparation of other accounting and tax reports.
MG Alliance SIA can take responsibility for organisational accounting matters and support the client during tax disputes or inspections. Our approach is flexible and adapted to the client’s situation. Experience in professional accounting services allows our specialists to find practical solutions to a wide range of reporting and compliance issues.