Important legislative changes in 2022

Important legislative changes in 2022 The field of accounting requires precision, thoroughness and keeping up to date with changes, which is why it is important for accountants, financial managers and company managers to have an overview of the latest changes and upcoming developments when entering the new year. Amendment to the Value Added Tax Act: On 1 January 2022, an amendment to the Value Added Tax Act (KMS) enters into force, under which a taxable person will in future (subject to certain conditions) have the right to reduce their […]

Registering a company's management board member as unemployed

Can a member of a company's management board register as unemployed ? When talking to people, one often hears the opinion that a company owner or management board member cannot register as unemployed. In fact, this is not the case. A person who is currently not working but who is looking for work, wishes to start work and meets the conditions for registration as unemployed can be registered as unemployed. A company's […]

Voluntary liquidation of a private limited company

Voluntary liquidation of a private limited company. A company can be dissolved either through voluntary dissolution by a decision of the owners or through compulsory dissolution on the basis of a court order, including bankruptcy initiated by the owners themselves. For the voluntary dissolution of a private limited company, the owners first adopt a decision to dissolve the company. The company is then liquidated and deleted from the Commercial Register. Liquidation as a procedure consists of distributing the assets belonging to the company and is aimed at protecting the interests of creditors. With the adoption of the liquidation decision, the company's current […]

Digital accounting:

Digital accounting – our future or not? We live in a world where technology is developing rapidly, and soon there will probably not be a single profession that does not require digital skills. Lennart Meri (1929-2006: Estonian writer, producer, diplomat and politician, President of Estonia 1992–2001) has said: “And you know that in a changing world, the winner is the one who keeps pace with the world, who walks a little faster […]