VAT Compliance

CEE Region
- Are you planning business expansion beyond Poland?
  
  Choose KR Group - one professional service provider in the CEE region. Our offices are in: The Czech Republic, Romania, Hungary, and Slovakia. Instead of multiplying costs by having one provider per country, collaborate with us! We will help you unleash regional synergy by reducing unnecessary costs and speeding up processes.
Czech Republic
- Czech Republic
  
  Since 2017, our team supports entrepreneurs in the scope of accounting, payroll and HR, and tax advice. We will help you utilize the potential of the Czech market and expedite your company’s expansion.
Romania
- Romania
  
  Since 2016, we support our clients by offering payroll-HR services, accounting, tax advice, and tax compliance. We will support your company in entering the Romanian market, and in growing your existing business.
Slovakia
- Slovakia
  
  Through cooperation with proven suppliers of accounting services, VAT compliance, as well as tax advice, we support companies in expanding their business activity in the Central and Eastern European region.
Hungary
- Hungary
  
  Thanks to one of the most open European economies, entrepreneurs may count on a favorable place to invest. Since 2016, we support companies in the scope of accounting, tax advice, as well as payroll and HR.

By seeking support on VAT compliance, you minimize the tax risk for your business

Ensuring tax compliance is a constant challenge for local companies and foreign entities. Failure to complete formalities related to VAT settlements or improper tax settlements generates significant legal and business risk and, in consequence, additional costs related to potential penalties.

With the VAT compliance solutions applied by KR Group, you will gain not only professional and proactive support in the process of VAT settlements, but first and foremost will minimize your tax risk.

We also assist in VAT, Intrastat and EORI registration.

Why KR Group?

We provide comprehensive support in correct settlement of VAT within the region of Central & Eastern Europe.

By combining IT tools with an experienced team of local VAT experts, we deliver the highest quality and assist clients in effectively managing their tax risk.

KR Group uses its own in-house solutions for verifying VAT procedures, to identify areas of risk in VAT settlements, patterned on auditors’ tools. But we offer a much more detailed picture of internal procedures.

Thanks to the solutions we apply, without a time-consuming analysis of individual accounting entries and source documents we can identify areas associated with tax risk in a given firm. This diagnosis factors in the weight of the given issue and the consequences of potential irregularities, translating into conscious management of tax risk. In this manner we reduce the scope of verification of VAT settlements and thus reduce the costs of tax compliance, generating significant savings for our clients and improving their security. We periodically determine the level of acceptable risk for each client, so that our risk-based approach always ensures optimal safety. But with a strong network of proven international partners, we can also take on joint projects beyond the countries where we have our own offices (Poland, Czechia, Hungary, Romania and Slovakia).

We meet the deadlines agreed with the client and comply with all reporting requirements.

Do I need it?

We provide VAT services to companies based in Poland, Czechia, Hungary, Romania and Slovakia. We also ensure tax compliance for foreign companies based elsewhere in the EU and outside the EU.

We recommend our solutions in particular to:

Entities needing support in maintaining VAT registers, combined with verification of the correctness of documents, followed by calculation of tax due or to be refunded.
Entities seeking verification of a sample of documents and improvement in the quality of their tax reporting.
Entities that cannot carry out a traditional review due to the quantity of records.
Entities wishing to verify their internally adopted procedures, not just settlement of specific transactions.
Persons assuming supervision over VAT settlements who would like to quickly assess how secure they are for the company and themselves.
Persons seeking to eliminate or reduce to a minimum their potential personal liability under fiscal penal regulations.

We operate on a project-by-project basis, through regular, monthly support, or by assuming most or a significant portion of the responsibility for VAT settlement of transactions and preparing periodic settlements.

We can merely prepare and file VAT returns on behalf of your firm, but we can also go further by conducting a detailed examination of the quality of the accounting processes used for purchase and sale invoices (accounts payable/receivable). In addition to procedural improvements, we also offer upgrades in the application of IT tools.

Currently, at a time when intense efforts are underway to tighten the VAT system, and new forms of reporting are being introduced enabling the tax authorities to quickly analyse data and identify irregularities, application of modern tools for verifying VAT procedures is particularly important in light of the personal fiscal penal liability of persons responsible for VAT settlements. This also enables greater efficiency in tax settlements, increasingly important to taxpayers.

Monika Goździewska

Senior VAT Manager

Our Offer

We support our clients in achieving full compliance with the regulations when performing tax obligations. We focus on the current correctness of tax settlements, clarification of obligations, and reporting in this area. We always propose practical solutions tailored to the client’s business model and the applicable VAT regulations.

Regular, ongoing support in tax compliance, including:

support in tax compliance
- Review of VAT documentation supplied by the client
- Conducting necessary corrections based on data from the client
- Preparing the relevant VAT registers in compliance with local VAT regulations
- Preparing and filing monthly VAT returns and reports
Presenting the final tax report along with scanned versions of all transmitted documents in electronic form
Preparation or verification of VAT Standard Audit Files (JPK_V7)
Support in obtaining VAT refunds
Preparation for inspections and representation in the event of a tax audit.

We also support our clients in the process of registration for: