About Agency No1
We understand your needs
Agency No1 is one of the leading accounting and consulting firms in Serbia. We use our deep industry expertise to provide audit services to public and private entities, while also helping clients to reach their goals with tax, advisory and accounting services.
Our management and employees team has with more then 25 years of experience in accounting and tax compliance services, working as an Accounting Partner in an international accounting and tax practice; Complex accounting advisory, tax compliance, financial reporting, VAT and custom duties, real estate taxation.
Scope of our services
Monthly bookkeeping
- Making entries to accounting registers based on primary accounting documents;
- Keeping records of fixed assets,
- Intangible assets and inventories;
- Monthly automatic booking of depreciation;
- Monthly/quarterly VAT returns;
- Preparation and submission of withholding tax returns (PDPO/S forms);
- Up to 4 hours communication per month through phones and/or e-mails.
Service Center Accounting
Other services related to accounting services
Other services in connection with the accounting and finance, which are not included in services under item 3.1.1. can be offered if you should require them, are presented as „service center accounting “. These services include the following:
- Keeping of records required in line with the foreign currency legislation and preparing of reports to the National Bank of Serbia, Bureau of Statistics, Environment Statistics Reporting and Tax Authorities;
- Preparation and submission of withholding tax returns (PDPO/S forms);
- Payment transactions from your business account via e-banking;
- Preparation of outgoing invoices;
- Monitoring of international regulations and follow the regulations in that area;
- Petty cash handling;
- Assistance/communication with state bodies (e.g. Tax Authorities);
- Cooperation with auditor, during audit;
- Keeping records of accounts payable and receivable including regular comparison of mutual settlements and communication with client’s suppliers and vendors;
- The third and every subsequent hour of communication with the client through phones and/or emails.
- Request for copying, scanning and sending documentations except for audit and tax control;
- Other above not mentioned services which are not explicitly mentioned in Monthly bookkeeping.
Payroll accounting
- Monthly payroll computations, preparation and filing of salary tax returns;
- Print-out of bank transfer forms, or forwarding of data to the bank for transfer;
- Preparation of annual report on paid pension and disability insurance contribution (M4 Form) and its filing with social security fund;
- Preparation of annual tax report (PPP-PO Form) and its filing with the Tax Authorities.
Other services related to payroll accounting
- Monthly calculation of salary compensation, preparation and filing of tax returns for salary compensation, calculation of refund and preparation of documentation for refund of salary compensation during sick leave and other leaves;
- Calculation of tax and social security contributions for various payments for individuals and preparation of tax return (rent income, authorship fees, service fees);
- Calculation of per diems for business trips and preparation of travel orders;
- Registrations and deregistration of employees with social security funds;
- Other payroll related services which are not previously mentioned (various calculations on request, clarifications related to the payroll calculations and request for copying, scanning and sending documentations except for audit and tax control).
Reporting
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The Service Provider shall, according to mandate of the Client, prepare annually, quarterly and monthly reports, in the form requested by the Client.
Preparation of financial statements and tax returns
Preparation of financial statements and tax returns include the following:
- Preparation of financial statement for statistical purposes in accordance with Serbian legislation;
- Preparation of the annual statutory financial statements in accordance with Serbian legislation, including notes;
- Preparation of corporate income tax return and tax balance sheet along with related forms required by corporate income tax legislation.
On-going tax advisory services
Under on-going taxation advisory services, especially the following services could be provided, upon your request:
- Tax advisory services provided on the Company’s request;
- Tax aspects of bookkeeping and payroll issues;
- Answers to comments or requests of the Tax authorities;
- Tax health check;
- Tax due diligence;
- Tax planning;
- Cross border taxation;
- Tax litigation support;
- Assistance within the process and preparation of annual personal income tax returns;
- Other tax advisory services.
References
and over 100 other companies in various industries that have entrusted us with the care and business
