Annual financial statements are required to be compiled and furnished to our corporate clients within at least 4-6 months after yearend. Financial statements reflect our corporate clients’ financial position for the year compared to the financial data of the previous year, which is invaluable as a tool when you want to sell your business, apply for a loan or overdraft or enter into a merger with another entity.
At Taxrek, we believe that financial reporting should be proactive and not reactive. There is no benefit for the client if tax- or financial restructuring should have taken place during the financial year and not when the annual financial statement has been drafted. Therefore, specialist interaction and evaluation during the financial year benefit our corporate clients greatly and save them money.