Case study: Basebone, SL, International Reporting"

CASE STUDY: BASEBONE SL INTERNATIONAL REPORTING WELCOME TO MDG ADVISORS - Bilingual accounting firm services both in English and Spanish - International mindset professionals with international experience - Client focused help to succeed - Wide Variety of clients since professionals to groups of entities AT TODAY´S PRESENTATION Miriem Diouri: Partner director Leticia Cayuela: Senior accountant Lola Díaz: Junior accountant Pablo Mallo: Junior accountant WHAT WE DO Bookkeping and accounting Tax Services Labour services Additional services Consulting BOOKKEEPING AND ACCOUNTING Preparation of accounting books and submission at Mercantile Register Financial statements Annual Company report Director´s report Assistance and planification of accounting year end Preparation and presentation of Annual Accounts at Mercantile Register TAX SERVICES Compliance with Tax requirements ( Personal Income Tax, Corporation Tax, VAT…) Compliance with Non Resident Taxes Assistance and advice on Tax Office Inspections Tax audits Tax advice Tax planification International Transfer Pricing Manual LABOUR SERVICES Registration of entities before Social Security Preparation of all type of contracts ( practices, for handicapped individuals,eventual services…) Preparation of monthly payrolls Representation of the Company before CMAC, during work inspections Assistance on the elaboration of dismissal letters Preparation of quarterly and annual withholding tax returns ADDITIONAL SERVICES Financial administrative services Notary Mercatile Register Accounts settlements office Auditing services , provided by external partners consulting Financial and economic reports CONSULTING Legal Claims Valuation of companies for legal proceedings Due Diligence Entities liquidation upon request of Mercantile Register Bankruptcy proceedings Cuentas Anuales (CCAA) - Annual Accounts - Certificación del acta / Directors´certification - Informe de Auditoría / Audit report - Estado de cambios en el Patrimonio Neto / Statement of shareholders´equity - Memoria / Notes to the financial statements - Estado de Flujo de Efectivo / Statement of Cash Flows - Informe de Gestión / Management report - Balance de Situación / Balance sheet - Cuenta de Pérdidas y Ganancias / Profit and Loss Account Certificación del acta / Annual accounts certification Ejercicio Contable = Ejercicio Fiscal 01 de Enero 2015 al 31 de Diciembre de 2015 ¿CUÁNDO SE PRESENTA LAS CUENTAS ANUALES? 1. Formulación CCAA: 3 meses posteriores al cierre del ejercicio 2. Aprobación CCAA: 6 meses posteriores al cierre del ejercicio 3. Presentación CCAA: 1 mes desde su aprobación 01/01/2015 31/12/2015 31/03/2016 30/06/2016 30/07/2016 1 2 3 Informe de Auditoría •Ley 14/2013 – Límites para elaboración CCAA auditadas: - Total Activo ≥ 2.850.000 € - Importe Neto Cifra Negocios ≥ 5.700.000 € - Nº trabajadores ≥ 50 •Informe realizado por parte independiente •Duración nombramiento auditor: 3 años 2015 2014 Total Activo 15.241.384,99 13.008.906,42 INCN 7.994.744,61 7.123.529,74 Nº trabajadores 43,37 28,30 Memoria/ Notes to the financial Statements Estado de flujos de efectivo/ Statement of Cash Flows Informe de Gestión/ Management report CCAA Normales Estado de cambios en el patrimonio Neto / Statement of shareholders´equity Balance de situación / Balance sheet Activo • Activo No Corriente • Activo Corriente Patrimonio Neto Y Pasivo • Patrimonio Neto • Pasivo No corriente • Pasivo Corriente Balance Sheet • Current Assets • Fixed Assets • Other Assets • Current Liabilities • Long Term Liabilities • Shareholders´equity Cuenta de Pérdidas y Ganancias / Profit and Loss Account - Adaptation of reporting into different formats - Format depends on Client Legal Advisors of holding Company - Importance of an extremely accurate elaboration Any questions? Thank you very much for your attention! Please visit us on : www.mdgasesores.com % Profit Margin