Accounting, payroll and tax compliance services
Is your business seeking efficient accounting and tax compliance solutions? Do you need assistance or expert guidance in setting up your accounting systems or developing the right tax strategies to mitigate tax risks? Are ongoing changes in the regulatory and tax landscape continuously challenging your in-house teams? Are you struggling with the increasing complexity and volume of data in your analyses and reporting processes?
Our team of experienced and tech-powered professionals is here to assist you. Whether you require a complete setup or an adjustment of your existing accounting framework, or efficient tax compliance solutions, we provide tailored services to ensure your operations run smoothly, allowing you to focus on growing your business.
We can offer you professional accounting, payroll and tax compliance services to meet your governance and regulatory obligations. These are critical areas where non-compliance can result in reputational, operational and fiscal risks.
Partner with us and rest assured knowing your finances are in expert hands.
We can help you manage your compliance challenges, mitigate risks and identify opportunities, providing you with a fully integrated service.
Our services
- Accounting compliance
- Payroll services
- Tax compliance services
- Connected Tax Compliance
Accounting compliance
From the initial establishment of a legal entity or operating unit, our team supports your business in effectively navigating the complexities and mitigating the risks associated with your accounting compliance requirements in Croatia.
We can assist you with:
- Setting up the initial accounting database
- Maintaining accounting records in accordance with relevant regulatory requirements, reporting standards and company’s accounting policies
- Maintaining the fixed assets register
- Preparing monthly or annual reports for management or group reporting purposes
- Handling statutory year-end closing, assisting with year-end procedures, reconciliations and statutory audits
- Preparing annual statutory financial statements in accordance with relevant financial reporting standards (International Financial Reporting Standards or Croatian Financial Reporting Standards)
- Preparing and submitting territory-specific statistical reports to competent authorities (e.g. Croatian National Bank, Croatian Bureau of Statistics)
- Advising on accounting compliance issues
Payroll services
As personal income levies may represent a significant part of operative costs, businesses are highly interested in understanding the payroll processes in Croatia and keeping on top of their compliance obligations.
We can assist you with:
- Setting up the payroll database
- Registering the employer with the Croatian Pension Insurance Institute and Croatian Health Insurance Fund
- Registering and de-registering employees with the Croatian Pension Insurance Institute and Croatian Health Insurance Fund
- Calculating monthly remuneration, preparing monthly payroll reports and drafting payment instructions
- Submitting payroll reports to the competent tax and social security authorities
- Preparing monthly or annual statistical reports on salaries calculated and paid
- Calculating severance payments and settlements upon employment termination
- Preparing annual calculations of income taxes for employees in accordance with regulatory requirements
- Calculating other income for independent contractors
- Providing administrative support regarding employees’ records (e.g. employees’ tax card updates, salary statements, etc.)
- Advising on payroll compliance issues
Tax compliance services
When it comes to tax compliance, accurate accounting records facilitate quality performance analysis for quality tax planning and reporting.
As tax regulations are becoming increasingly complex and burdensome, understanding your tax liabilities and ensuring tax compliance are essential for meeting your tax liabilities accurately and on time.
Our team offers you flexible solutions to ensure that your taxes are managed in an effective and professional way. We are doing our best to make sure you maximise your tax-saving options while remaining fully compliant with the latest regulations. We are also ready to review the tax calculations made by your tax team or other providers, to ensure they align with local requirements.
We can assist you with:
Corporate Income Tax (CIT) compliance:
- Reviewing the annual CIT return
- Preparing and submitting the annual CIT return to the Tax Administration
- Preparing a CIT advance payment instruction schedule
- Preparing the annual report on transactions with related parties (PD-IPO form)
Value Added Tax (VAT) and other indirect tax compliance:
- Maintaining purchase and sales ledgers in accordance with VAT regulations
- Preparing VAT returns
- Preparing EC sales and EC purchases list
- Preparing Domestic Purchase Ledgers
- Electronically submitting VAT-related reports to the Tax Administration
- Preparing VAT payment instructions or assisting with VAT refund applications
Other tax compliance services:
- Registering the company for tax purposes (CIT, VAT)
- Communicating with the Tax Administration regarding tax notifications, tax reporting corrections, tax refunds, etc.
- Preparing Intrastat reports (arrivals and dispatches)
- Preparing annual statistical reports on outstanding but uncollected receivables (OPZ-STAT)
- Calculating and reporting other territory-specific taxes (e.g. annual Tourist Tax Contribution, annual Forestry Tax Contribution, Croatian Chamber of Commerce tax, etc).
Connected Tax Compliance
Streamline Your Compliance Process: Simplify Regulations and Enhance Efficiency!
In today's fast-paced world, where tax regulations are becoming critical and more complex, ensuring compliance should not weigh down your business. At PwC, we have introduced Connected Tax Compliance (CTC), offering a data-driven, tech-enabled approach that simplifies the complexities of regulatory requirements across all tax areas, including Pillar Two, corporate income tax, indirect taxes, transfer pricing, and statutory accounts preparation.
Our CTC service provides a fully integrated, automated compliance process that spans multiple taxes and jurisdictions. This end-to-end solution not only handles the production of tax returns but also streamlines the entire compliance journey - from data inputs to actionable insights and deliverables - in a controlled and efficient manner. By maximising automation and leveraging in-country specialists, we ensure our clients meet their global compliance requirements accurately and on time, while avoiding repetitive data requests.
Our comprehensive suite of services includes:
- Statutory accounting compliance
- Corporate income tax compliance
- Indirect tax compliance
- Transfer pricing compliance
- Pillar Two compliance
From analysing to reporting, we tailor our services to fit your operating model, offering solutions that range from co-sourcing specific tasks to fully integrating and managing your tax function with our technologically enabled Tax Managed Services.
Our global network ensures that we can deliver CTC services consistently and effectively in every jurisdiction you operate in, providing a central coordination point through our Global Compliance Services.
Join us at PwC and experience the future of tax compliance with Connected Tax Compliance, where technology meets expertise to transform your compliance landscape into a strategic advantage.
