Tax Consulting

Are you paying too much taxes? The answer to this question can be provided by UHY tax experts who will analyze your company’s tax costs and advise you on how to maximise tax savings, reduce tax liability within the legal frameworks, and plan future tax liabilities.

UHY Tax Consultants are of significant assistance to entrepreneurs when navigating through numerous local and international tax regulations. 

The most common areas of Tax Consulting: 

• Value Added Tax
• Corporate Income Tax
• Personal Income Tax
• Other regulations related to tax issues

You can engage a tax consultant on a one-time basis for tax queries, interpretation of  tax law provisions, tax administration supervision, preparation of tax reports, etc.

The tax consultants are obligated to keep everything the client had entrusted to them about his business and what he learned from the business documentation as a business secret. 

You are planning a new entrepreneurial investment, but you cannot estimate tax obligations, or how much expenses and taxes you should put into your business plan? 

Croatia is a country with a high tax burden, and the interpretations of tax laws can often be contradictory, which can create difficulties for entrepreneurs, but also jeopardise the entire investment.

In the process of development of companies and investments, entrepreneurs often have the following  questions:

How much tax should I expect at the investment stage?

What are the tax rates in individual countries and how are they calculated?

What are the restrictions on dividend payments and profit shares?

Is withholding tax paid on dividend payments and profit share?

What is the regulation on transfer pricing?

Are there tax incentives for your investment?

UHY Tax Consultants will introduce you to tax exemptions, but also how to solve potential problems you may encounter in the investment process, whether you invest in Croatia or anywhere in the world. Our global UHY tax experts are always at your disposal.

Before making a strategic decision to purchase or sell shares, investors must know the real situation of the company, which is why they order the service of due diligence of financial statements, focusing on the tax aspect of the business.

During the process of due diligence, tax liabilities of the company, i.e. income tax, personal income tax, withholding tax, VAT, transfer prices…-everything that is crucial for investors to assess the sustainability of the planned investment, is deeply analysed. 

The biggest stress for the average Croatian businessman is probably the realization that the ” tax officers are coming for inspection “, especially because of the conviction that tax collectors will always find some kind of a violation that means new costs. The tax administration can sometimes have far-reaching consequences for the entire company, depending on the size and importance of the eventual infringement. 

One of the causes of violations is the lack of knowledge of tax laws by the client and the widespread interpretation of the tax administration, which is the reason why many employers receive sanctions and fines.

After the Tax administration presents all the shortcomings in the audit log, the taxpayer has the right to object. The objection can be independently drawn up in prescribed form and accompanied by convincing documentation. 

If a licensed tax advisor participates in the drafting of the complaint and appeal, you have a much greater chance that the appeal will be successful, or that the penalties imposed or additional taxes will be reduced.

Our Tax Consultants have great experience and success in writing complaints and objections on tax reports and rulings.  

Entrepreneurs who want to be ready for tax control can request “preventive supervision” before the tax administration inspection.

What does this service entail? 

In this case, our tax experts prepare the company for inspection by checking the documentation and asking questions to be asked by the tax administration in  case of an inspection. After establishing what the situation is, they provide solutions to correct the incorrect tax calculations.