International Controllership

U.S./International controllership

Our FlexiBee accounting platform allows us to oversee your local accounting function in the capacity of local statutory and international management controller. We often work directly with the local subsidiary’s corporate finance and treasury department in coordinating monthly 5-day closes, treasury and front-line financial management support. We help you to in-source non-specialized original document entry at a low marginal cost and provide you specialized support at a service level you design.

All entities

Unlike many firms, we support nearly all Czech entities, including LLCs (s.r.o.s), stock companies (a.s.), partnerships (v.o.s. and k.s.), non-profits (o.s. and o.ps.), and sole proprietors operating on a “trade license” (osvč). We also support tax-efficient accounting of residential rental real estate projects operated by individuals, partnerships and s.r.o.s. in the Czech Republic and United States.


Recent articles

jobs

Contracts for part-time, small-scale work in Czech Republic

Agreement on the execution of work (Dohoda o provedení práce) §74 - 77 Labor Law must be in writing limited to 300 hours per year per employer number of employers under this type of … [Read More...]

VAT

Self-employed Non-VAT Payer? Pay attention!

Big changes are afoot for non-VAT payers that engage in intra-EU supply of goods and services. On the one hand, non-VAT payers may now need to submit a VAT return and EU Aggrgeate VAT return in … [Read More...]

W-9b

American Independent Contractors: What is form W-9?

American or US greencard self-employed persons, independent contractors and others who work from themselves (including those who work through pass-through LLCs and partnerships and others) are … [Read More...]

1099-MISC

American Independent Contractors: What is Form 1099-MISC?

The IRS requires U.S. businesses and self-employed persons to report annually to both the IRS and certain business partners’ information regarding payments made to those business partners as part of … [Read More...]

Home improvement

Major productivity boost: Upgrade your Accounting Software

Cleaning up your workplace, organizing your tools, putting together lists of maintenance and improvement projects always precedes periods of intense application. Entrepreneurs seek continuously to … [Read More...]

weathervane

2012 Changes in Czech tax and reporting

Tax year 2012 ushered in a number of changes in the area of compensation for employees and self-employed alike. Because you might want to know what way the fiscal winds are blowing this year, we … [Read More...]

property management

Should I really let my property management company do my accounting?

The local boat marina probably knows how to tie up and watch your boat, but that does not mean they know how to fix it. Accounting is a specialist service that is generally performed poorly by those … [Read More...]

danove priznani / Czech tax return

Personal income tax in the Czech Republic

The Czech Republic assesses tax on income based on tax residency, personal characteristics of the payer and the nature of the income. The primary sources of authority for taxation are the Act on … [Read More...]