Tax advisor: Deferred taxes, what is their meaning and what information is essential for SMEs and entrepreneurs?

Deferred taxes are an accounting resource regulated by international accounting standards, with the purpose of aligning the tax effect and the accounting effect in financial reporting. These taxes provide companies with the ability to adjust their financial statements for technical and accounting purposes. According to International Accounting Standard No. 12, deferred taxes are those that… Continue reading Tax advisor: Deferred taxes, what is their meaning and what information is essential for SMEs and entrepreneurs?

Tax advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: Recommended from a tax perspective?

The 118 Account is a useful accounting instrument for companies that need to solve financial or treasury problems when financing specific projects. However, it is common that shareholders choose this form of financing without understanding the true nature of this business. The purpose of this article is to clear up any doubts that may arise… Continue reading Tax advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: Recommended from a tax perspective?

Commercial advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: A flexible form of financing?

The 118 Account is a useful accounting instrument for companies that need to solve financial or treasury problems when financing specific projects. However, it is common that shareholders choose this form of financing without understanding the true nature of this business. The purpose of this article is to clear up any doubts that may arise… Continue reading Commercial advisor: The contribution of the shareholders to the 118 Account of the General Accounting Plan: A flexible form of financing?

Commercial advisor: Spain approves the incorporation of limited liability companies online

On May 8, 2023, the Spanish Congress definitively passed the Law for the transposition of the Directives of the European Union on the accessibility of certain products and services, migration of highly qualified persons, taxation, and digitalization of notarial and registry actions, which will allow the incorporation online of limited liability companies. The Law for… Continue reading Commercial advisor: Spain approves the incorporation of limited liability companies online