Farm Accounting Services

In the current corporate culture of complex compliance and complex financial reporting guidelines, it can be difficult for your agricultural organization to guarantee the accuracy of financial matrices while controlling running aspects on a day to day basis.

Regulatory hurdles, judgmental financial estimates, sophisticated bureaucracy, detailed accounting data required for tax liability, and prudent behavior in the preparation of financial reports might come out to be hazardous and more challenging to manage than running the farm business itself.

Our years of experience and a team of consultants enable us to serve your farm business’s financial side by managing taxation and other matters of regulatory compliance. We enable you to take off compliance hurdles from your to do list and focus on growing aspects of the business.

How do we believe to serve and areas of service?

Accounting For FarmBased on market understanding and sound experience we consider that businesses should think of outsourcing the compliance to a company of professional accountants and free up themselves for comprehensive market understanding and strategic business growth. We provide excellent services in agriculture accounting and enjoy a remarkable reputation within the Czech Republic. Our main services fall in the areas of accounting, business advisory, risk advisory, banking management, internal controls, business process improvement, e-commerce based accounting, e-commerce taxation, liquidation, change of the business address, and other business hurdles to successfully manage the company in the Czech republic.

Why us?

  • Comprehensive understanding of the company laws prevailing in the Czech Republic.
  • A dedicated team of professional accountants to ensure a sky scraping level of services.
  • All the works are delivered with our maker-checker policy.
  • Sound quality measures and internal controls in all the services offered.
  • Staff availability on and off-site depending on the nature of the work.
  • Sensible and actionable advice grounded in local knowledge and backed by regional and Czech experience.
  • Very basic professional fee and high quality of professional services.
  • Bespoken service plans depending on the needs of your company.
  • We have faith in the quality of service and performance of excellent customer service to level up our reputation and satisfaction of the client.

What do we do?

  • Our firm provides a range of financial advisory services for farming businesses ranging from advice on some financial transactions to the preparation of financial statements.
  • Ensure precision of monetary data by reconciliation, performing a test of details, implementing segregation of duties, setting sound internal controls, and identification of weaknesses in the approval and execution of financial transactions.
  • Prepare essential business reports for decision-making and performance assessment and assist in other operational aspects like opening a bank account.
  • Use our years of experience and extended knowledge to enhance the strategic positioning of your business.
  • Ensure your bookkeeping record is free from material misstatement and updated timely.
  • Provide assistance in carrying auditing tasks to internal and external auditors.
  • Our corporate secretarial service includes different services like sole trader registration and business registration, liquidation, change of the business address etc.

How to register an agricultural business as a sole trader and a company in the Czech Republic?

Register an agricultural businessYou’ll need very basic documents for registering the farm business as a sole trader or a company in the Czech Republic. The documents needed for the registration include a certificate of no criminal record in the Czech language, an occupancy arrangement for the place you have rented, and intend to register as a business address and current visa or biometric card. After submission of all required documents, it should take around a week to get a business enlistment endorsement.

Here are examples of possible services and their pricing.

Service Price w/o our tariff, CZK Price for our tariff payers, CZK
Sole trader registration with 1 year free accounting service (Start tariff) 9500 CZK/380 EUR 9500 CZK/380 EUR
Company registration with 1 year free accounting service (Start tariff) 29500 CZK/1200 EUR 29500 CZK/1200 EUR
Legal address, 1 year 7200 CZK 6000 CZK
VAT registration From 6000 CZK From 5000 CZK

* Prices do not include possible VAT.

For incorporation of the agricultural company, some more documents are required in addition to the above. For instance, authorized capital account, a form of organization, name of the company, name of Directors, testament of no criminal record from directors, and formation of articles of association.

We’ll help you throughout the process from collection of documents to filing information and receipt of the certification, incorporation of the company at a very reasonable price. Make sure that you use our one hour free consultation during which our representatives will explain all the details and present you a clear plan and a quote.