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Tax authority applies the suspension of VAT number from September 2006, and the pretence of withdraw following the suspension.
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The main purposes of State Tax Authority audits in 2012 are the promotion of volunteer compliance with law, prevention, dissolution and sanctioning of intentional violation of liabilities. On behalf of this, the department of State Tax Authority dealing with tax and customs puts the application of new methods forward in its audit activity, through which unfair taxpayers can be filtered, the potential scope of taxpayers can be explored, the factual scope of taxpayers can be expended. More about us

A new type of audit appeared from 1st January 2012, the performance of liability audit by tax authority at newly established enterprises and already operating companies connecting to the change in ownership in the frame of tax registration procedure, and as the consequence of risk analysis they got under the supervision of tax authority. More about us

The financial year is the period from which financial statement shall be prepared. The period of the financial year is identical with the calendar year not considering the exceptions (1st January – 31st December).
The financial year differing from the calendar year means that the calendar year differs from this period (e.g. financial year: 1st March 2012 – 28th February 2013).
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If the company’s owner’s capital falls under the half of subscribed capital in two sequential financial years due to the data of financial statement, the company shall decide on a members’ meeting how to solve and cease it. This shall be performed within three months following the date of acceptance of second year’s financial statement. It is worthy of paying attention to the proportion of owner’s capital and subscribed capital, on the one hand because of the participation in public procurement procedures and EU tenders, and on the other hand it may also be significant form the point of view of taking a credit. More about us