ASB Group is a professional outsourcing provider of high-standard services in the areas of accounting, tax advisory, payroll, transaction advisory and corporate services. Having almost 20 years' experience and employing nearly 250 specialists in the CEE region, we are well prepared to deliver the most profitable solutions for your business.
We are experienced in the delivery of outsourced accounting services for international and local businesses. We use modern IT solutions, but, on request, can also work in our clients' accounting software. We can help to localise software and procedures to ensure compliance with domestic tax and accounting regulations. Our professionals regularly submit financial reports for hundreds of international and local clients. We speak to our clients' financial teams across the globe daily.
We have helped hundreds of international companies to set-up their businesses in the countries in which we operate. Company formation is one of many corporate services our clients require to cut costs, ensure compliance with local regulations, and free-up time to focus on their core business activities.
This enables our clients to go for the expense of employing local administrative admin staff, as we take care of the back office and corporate secretarial processes for them.
At ASB we understand that tax and accounting law is interlinked. To safeguard our clients´ interests, we advise taking account of all tax and accounting aspects.
We have extensive experience advising both private individuals and multinational businesses on tax matters, and we cooperate with partner tax firms in countries where ASB does not have offices.
ASB TAX Compliance team has rich experience in providing our clients with high standards of customer services. We are always ready to ensure the most optimal solutions for ASB clients from different business sectors.
Our payroll clients range from small representative offices through to global multinationals, for whom we process thousands of payslips monthly.
Working with international clients has taught us to use simple language to explain local payroll issues. We have practical experience in importing payroll data from various HR systems and exporting payroll outputs to many customised formats.
ASB has supported many major transactions in our region, on both the buy and the sell side. Our transaction advisory professionals have advised on real estate transactions, mergers and takeovers of local companies, and cross-border investments in local businesses.
We have performed financial and tax due diligence projects for many transaction advisory clients. However, our experience goes beyond the due diligence process, as we often support transaction negotiations and advise clients on purchase price calculations.
Our transfer pricing clients can access to our benchmarking studies, which we have compilated by using the latest technology and several specialised benchmarking databases.
We have advised global hotel chains, international airlines, FMCG companies, and many other international groups with their transfer pricing documentation.
The advisory company ASB Group assisted Bluehouse in the sale of the shopping centre Korso Karviná to the Czech firm Conseq Investment Management.
On 11 June 2021 draft regulations introducing the postponement (for the sixth time!) of the mandatory WHT pay-and-refund regime until 31 December 2021 were published on the RCL website.
The government draft act amending the goods and services tax act and banking law has been introduced to the parliament. The bill is in line with the tax changes successively introduced by the Ministry of Finance. The aim of the proposed solutions is to simplify the settlement of VAT by taxpayers - the so-called Slim VAT 2 (Simple Local And Modern VAT) package.