Every company, is obliged to file a turnover tax declaration. Some companies file a declaration once a month and other organizations only have to file a declaration once a quarter. This depends on the sector in which you are active.
The VAT declaration can be complex, depending on the type of company. For example, international purchases and sales, subsidies that are exempt from VAT. Within CFS we have highly experienced and capable tax consultants who can advise you.
Company tax declaration (VPB)
The VPB declaration is an annually recurring obligation. After the declaration you will receive a notice stating what your company has to pay. The basis of calculation for corporation tax is the profit of the company. Of course, as a company you have certain costs that reduce your profit, but there are rules to what and how much can be deducted.
Every company is different; as are the taxes of each company. Our tax specialists like to dig into your situation and find the best possible answer.
Because your administration is executed in the Cloud, you can see how high you tax payable is throughout the year.
Foreign Branches or Interest in Foreign Branch
It is no longer strange nowadays to have a (100%) interest in a foreign entity. This can be as a natural person or as a company. Depending on the structure, this has consequences for your taxes. It is therefore important that you use a structure that is most favorable for you and in accordance with the rules.
At CFS we have a lot of experience with (the setting up of) foreign structures and the tax-related consequences. We also take care of the consolidated annual accounts.
Due to the complexity of such structures, we advise you to contact us for advice!
Of course we also offer to arrange your income tax. This doesn’t have to be complicated, if you are a self-employed person or have a BV, we are happy to help you!