Service

Tax advisory and tax planning in the Federation of BiH

In short

Syncon helps companies and individuals stay compliant with frequently changing tax regulations while keeping the tax burden as low as the law allows. We advise on direct and indirect taxes, withholding tax and transfer pricing, and prepare annual tax returns and refund claims for individuals, including freelancers with foreign income.

What tax advisory covers

We follow every change in tax legislation so that our clients start their tax planning from the best possible position.

Together with each client we develop a tailored tax strategy that optimises their tax obligations.

Tax advisory services

  • advice on direct taxes
  • advice on indirect taxes (VAT)
  • withholding tax
  • transfer pricing
  • annual income tax returns and tax refunds for individuals
  • tax returns for freelancers with foreign income (form AMS-1035)

How we work

  1. Initial consultation

    We talk about your business and needs, and if you are just starting out, we advise you on the business model and form of registration.

  2. Tailored package

    We tailor our services to your activity and form of registration, whether you are a d.o.o., a sole proprietorship or an association.

  3. Agile collaboration

    You can send business documents electronically, and the originals stay with you.

  4. Tax returns

    With your authorisation, we prepare and file all tax returns within the prescribed deadlines.

  5. Control

    We close the cycle by checking payments and transactions and reconciling them with the records.

The Syncon team has a remarkably wide range of skills and truly understands our business, supporting us in finding the best solutions. Their responsiveness and expertise in tax advisory guarantee that we are fully compliant with current regulations.

Translated from Bosnian.

Samardžić Damir
Samardžić DamirZajednička advokatska kancelarija Samardžić i Stojaković
FAQ

FAQ: tax advisory

Do we file tax returns ourselves, or is that part of your service?

It is part of the service. We file tax returns on your behalf and keep track of deadlines, which depend on your activity and form of registration.

We also check that the payments linked to each return have reached the right institutions and funds.

Do all businesses have to file annual financial statements?

All legal entities must prepare and file the annual financial statements prescribed by law, signed and stamped by a certified accountant with a valid licence.

Sole proprietors, except those taxed at a flat rate, file the self-employment income statement (form SPR-1053). Proprietorships with two or more owners file, in addition to SPR-1053, the annual return on jointly earned income (form GPZ-1052). Individuals who own a business file the annual personal income tax return (form GPD-1051).

Do we have to wait until the end of the year to change accountants?

No. You can change your accounting firm at any time during the year, and the process is simple.

Your current accountant books all transactions up to the agreed handover date, and the new firm continues from that date after entering the opening balances.

If you wish, we can contact your current accountant ourselves to speed up the handover.

Let's talk about your business

Get in touch for an initial consultation. You will get clear guidance and a service package tailored to your activity.

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