What does monthly accounting for your subsidiary include?
The full accounting for the financial year, under the country chart of accounts and currency, with the books the local authority requires and the annual accounts ready for filing.
Key points
- Recording of invoices issued and received
- Official books and VAT books
- Quarterly closings and annual accounts
- Preparation of the accounts filing with the registry
Why does tidy accounting save you money?
Books closed on time avoid surcharges, support the deductions you claim and are the first thing a bank looks at when you ask for financing or a confirming line.
It is also the basis for decisions: knowing the real margin per customer or per country only works if the accounts are current and split by company.
What does monthly accounting cost?
The fee depends on the country and on the number of invoices and entries per month. These are the starting prices for accounting and tax together; the final figure is set after reviewing your volume:
Key points
- Spain · from 149 EUR/month
- Dubai · from 350 EUR/month
- Portugal · from 400 EUR/month
- Italy · from 450 EUR/month
- France and Andorra · from 550 EUR/month
- United Kingdom · from 600 EUR/month
- Germany · from 1,450 EUR/month
Who you talk to when a question comes up
There is no call centre: your books are handled by a named advisor who knows your company and answers in Spanish. When the local authority has to be contacted, they do it with the documentation you have already signed.
