Accounting and outsourcing services

Outsourcing of bookkeeping, tax compliance, payroll and HR administration services

We offer bookkeeping, tax compliance, payroll and other administrative services related to daily activities of finance and human resources departments.

Combination of advanced systems, efficient business processes, quality business culture and best practice of PwC specialist will allow you to concentrate on core business of your company by outsourcing certain accounting, tax and payroll compliance processes.

PwC outsourcing services are provided by the Tax Management & Accounting Services (TMAS) team. Our services are delivered with the highest standard of engagement and diligence. We believe that the key to success is the satisfaction of our clients. We want to build trust with our clients by developing a long-term cooperation with a flexible attitude and proactive approach to the emerging changes and challenges that occur through time.

Why PwC

Cooperation with PwC will help you achieve operational benefits, in particular:

cost saving through outsourcing and change in the process of statutory accounting, tax compliance and payroll to one that is less time consuming
minimising the risk of insufficient knowledge of tax regulations or their incorrect application
benefits from identified areas of tax savings
professional assistance focused on a long-term achievements
supporting your business with an effective communication and providing information necessary for decision making process
providing you with a single point of contact ensuring access to a wide range of PwC expertise and service
fresh look on your accounting and tax settlements supported by PwC specialists’ knowledge and practice
quality services for a reasonable price.

In the cooperation with PwC you will receive services tailored to your company’s needs. Providing a high quality services, we also emphasis importance of building a long-term relation, which is vital in our profession.

1. Accounting services

From the moment of establishing a legal entity or operating unit we can maintain your accounting records and satisfy your reporting for both corporate and statutory accounting purposes, in particular:

preparation of the chart of accounts and supporting information schedules
preparation of data base in an accounting-financial system
recording of documents received from you and your business partners
reporting of financial data for management and group purposes
preparation of statutory financial statements
preparation of statements and reports for the Statistical Office
cooperation with statutory auditors
other services (e.g., reconstruction of accounting records, preparation of accounting records on the basis of other sources, etc.).

All services are performed after tailoring them to your individual needs and expectations. Our cooperation can include comprehensive general ledger accounting or only selective accounting processes, e.g. preparation of statements, maintaining of assets registers, review and preparation of specific financial management information, etc.

Combining accounting, tax and payroll compliance services is a very efficient and cost effective way for PwC to assist your business from inception and throughout the life of the company’s operations.

2. Tax compliance services

Our corporate income tax (CIT) compliance services include comprehensive preparation of CIT calculations and annual CIT return, including:

monthly and annual CIT calculations together with detailed information
book-to-tax summary (specification of differences between gross financial and tax result)
annual CIT return together with required attachments prepared on the basis of the annual CIT calculation
other tax returns, as appropriate
amounts of CIT and CIT prepayments due, along with the payment calendar

VAT compliance services include preparation of periodic registers and returns, in particular:

preparation of VAT purchases and sales registers based on relevant documentation
presentation of our standpoint regarding recognition of selective transactions, that impact value of VAT liability
drawing up VAT returns based on VAT registers
providing with information on VAT due and payment calendar
indication of potential VAT refunds in VAT return and preparation of an application for VAT refund (as appropriate).

Tax reviews

In addition, we can review your tax settlements. This service is recommended to all companies willing to:

confirm the correctness of tax settlements prepared by external service providers
optimise tax compliance by identifying potential tax savings and effective tax planning
prepare for expected tax audit.

Our team offers review of tax treatment applied by the companies to certain transactions, review of calculations and submitted tax returns, preparation of a report with summary of tax risks and potential optimisation opportunities together with our recommendations and ideas. Identified sensitive tax issues are discussed with the company during the meeting summarising our tax review. Our tax reviews frequently result in significant tax savings.

3. Payroll services

We can help you with the following services:

calculation of wages including benefits and deductions
calculation of sickness and maternity benefits
drawing up PIT (Personal income tax) returns on behalf of the employer
preparation of payroll documentation for the company and its employees
preparation of reports for financial and management accounting purposes
assistance in transferring payments of wages and personal income taxes
preparation and maintenance of employees files
recording and supervision of length of holidays leaves
preparation of certificates of employment
preparation and settlement of payroll for employees hired under civil law agreements

We offer solutions tailored to your business, complexity of payroll elements and reporting requirements. We are fast and flexible on the one hand and protect and secure payroll data to maintain confidentiality on the other.