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Financial management of a limited partnership

 

A limited partnership is a partnership and its legal partner is legally obliged to keep records of business transactions. The legal provisions on the recording of business transactions also apply to sub-accounts and their reconciliation with business accounts. The taxation of a limited partnership's partners is based to porpotioning according to the initial capital investment made, and it is important to take into account its significance in the implementation of the accounting. Limited partnership  shareholders do not normally withdraw a salary and their incomes are regarded as an income from business.

You can get this from us:

  • statutory accounting

  • partner-specific monitoring of equity inputs and withdrawals

  • VAT calculations

  • VAT reporting to the tax office

  • calculation of withholding tax

  • preparation of an advance tax application

  • telephone support

  • financial statements and tax return

  • accounting results to your email on a monthly basis

  • continuous guidance

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