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 over 17 years´ experience and employing nearly 200 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 regularly utilise our modern bookkeeping IT solutions, but can also known for keeping books in our clients' accounting software, which we can help to localise in a domestic market for compliance with tax and accounting regulations of our countries.
Our financial reporting professionals regularly report financial information on hundreds of our international and local clients´. We speak to our clients' financial teams from across the globe on a daily basis.
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 and trust services our clients employ to cut costs, ensure compliance with local regulations, and allow them to focus on their core business activities.
This anables our clients to for go the expense of employing the local administrative admin stuff, as we take care of the back office and corporate secretarial processes for them.
At ASB, we understand that tax law and accounting consists of many interlinked legislation. In order to safeguard our clients´ interests, the advice we provide takes a very potential outcomes into account.
We assist our clients in all tax areas and have extensive experience in advising both private individuals and multinational business, and also cooperate with partner tax firms in those countries where we do not have offices.
Our payroll clients range from small representative offices ride thru to global multinationals, for whom we process thousands of payslips.
Working for clients from across the globe has taught us to use simple language when explain local payroll issues. Thru this process, we have gained practical experience in importing payroll data from various HR systems and exporting payroll inputs to many customised formats.
We have provided support for many major transactions in our region, both on the buy and the sell side. Our transaction advisory professionals have advised on real estate transactions, take overs of local companies by their competitors, and cross-border investments in local businesses.
We were responsible for the financial and tax due diligence projects for most of our transaction advisory clients. However, our experience goes beyond the due diligence process, as we often support transaction negotiations and advised 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 supported global hotel chains, international airlines, FMCG companies, and many other international groups with their transfer pricing documentation.
Investment volumes in the real estate market in Central and Eastern Europe are expected to grow and real estate sector calls for flexibility and multi-dimensional perspective. We offer the benefit of a long-term experience in the real estate market and our dedicated real estate teams speak the industry language. This anables to us successfully assist our clients from the initial stages of a real estate investment until the exit. The majority of our clients are large asset managers, institutional investors, and key real estate specialists operating across Central and Eastern Europe.
The retail sector has been influenced to large degree by dynamic advancements in the virtual reality and the growing popularity of mobile technologies and social media. Enormous competition, growing demand, and responsiveness to customers’ needs are huge challenges to retail businesses. We take care of our clients, so that they can fully focus on keeping up abrests of the changes.
Chemical industry products are present in all aspects of our lives. This industry supports many other sectors, such as FMCG, automotive, agricultural, and is very complex in structure. Our long-term experience with this sector enables our clients to benefit from our streamlined approach, time and cost-effective solutions and experience.
In our fast-developing world, technology plays an important role and is an integral part of our life. In this sector, companies are expanding their business activity into new markets, which results in then having to face new challenges in the area of tax and jurisdiction area. We have implemented unique solutions aligned with the needs of our clients, so we are able to provide best services as possible.
The CEE Private Equity market has continued to growth. Companies financed true private equity investments spread their wings very quickly, whiles also stimulating the economy. We specialised in cooperating with investors working in the private equity and venture capital area, and our dedicated transaction team has built a strong track record in assisting clients in various acquisitions and divestitures. We understand the mechanisms affecting the investment sector, and successfully support our clients in reaching their investment goals.
Ageing and growing populations have resulted in significant increases in health care spending worldwide. Technological changes are extremely fast, and the demand for products developed by life sciences is constantly increasing. We assist our life sciences clients with their tax, accounting, and payroll compliance, which can be very challenging given these companies growing exponentially.
ASB Group strengthens the management team and appoints Petr Kopecký as the Head of Czech Payroll Team. In his new role he will lead and supervise the Czech Payroll Team. Petr will be responsible for the day-to-day operations of our comprehensive payroll and HR support department for local and global companies from diverse industries.
ASB Group was involved in advising REDSIDE, a fund management company, in the sale of Avenir E, a grade A office building located in the established office hub of Nove Butovice in Prague 5. The building was acquired by the investment company Investika. ASB Group provided transaction services to REDSIDE on the sell side.
The limits pertaining to the option of exercising lump-sum expenditures for self-emloyed tax payers will once again be increased as of the effectiveness of the tax package, which is expected in the first half of 2019.