Who May Provide Accounting Services in Lithuania?
Thu, 15.05.2014.
In order to carry out a successful business in Lithuania, professional accounting and tax accounting is needed. With professional accounting services in Lithuania, you reduce costs and increase revenues of the enterprise respectively. According to the Law of the Republic of Lithuania on Accounting, accounting of a business entity may be provided by a chief accountant (accountant) or by a company providing accounting services on a contract basis, or by a person providing services on its own.
The director of the company is responsible for proper organization of accounting in the company. However, the director shall not have the right to maintain accounting records with the exception of a few cases specified in the Law on Accounting. Given the fact that it is difficult for a foreign entrepreneur to understand the intricacies of legal acts regulating accounting, it is reasonable to entrust with accounting a company specializing in accounting services in Lithuania.
It should be noted that, according to the current edition of the Law on Accounting, persons providing accounting services are required to insure their civil liability. In addition, as from 2016, a new provision of the Law on Accounting will come into force obliging persons who provide accounting services in Lithuania to be certified, i.e. to pass professional exams on accounting and financial reporting as well as on basics of taxation.
Money-back guarantee
Long-term experience accumulated our experts are fully responsible for their quality of work and results. Good relationship with the Department of Immigration, Tax Inspectorate, the Social Insurance Inspectorate, Centre of Registers and other state and non-state institutions helps to ensure the highest quality services.
We do not operate in automatic machine principle and look deeper into the needs of each client. Whether it is business acquisitions, advice on migration, finance, accounting, or other issues - this is a unique process.
Only in this way we can ensure the highest quality services. Therefore, we provide our clients 100% money back guarantee if due to our fault you do not receive a temporary residence permit. We also guarantee that the company You will purchase has no debts or other liabilities. Our accounting services are insured, so if fees are wrong calculated, we or our insurance company will cover all losses.
RESIDENCE PERMIT
Process time for a temporary residence permit for each country depends on that country's laws. Usually it takes 2-6 months. If you have additional questions, the Migration Department may extend length of the proceeding up to 3 months. The answer may be a negative if the client:
- Was deported;
- Punished for crime;
- Has records in the police department;
- Other negative entries of personal biography;
- The information about the client is false, untrue;
- Going to false immigration.
If it turns out that the negative response to the temporary residence permit is due to one of these reasons, we will not return your money.
If the client has a clean biography and correct data about him/her, but due to our fault do not receive a temporary residence permit, in this case within 30 days we will return 100% of his/her money and will not ask for any compensation concerning experienced costs.
Business acquisitions and start-up
All of our sales companies do not have any debts or obligations. If you buy a new company (without any history), the company has absolutely no bookkeeping records. If you are going to buy an existing company with a history of activity, in this case you will provide the company financial reports and you will be able to assess the Company's status. If after the acquisition of the company, there would be unforeseen events and it would be our fault, we will take all the responsibility on ourselves.
Accountancy services and consultations
We take full responsibility for the provision of accounting services. Our accountants have many years of experience, good skills in preparing various reports to the state institutions; also we provide representation during an inspection. We look very responsibly to our work that is why we insured our employees from the possible errors, so if fees are calculated wrongly, we or the insurance company will compensate them.
