Holding the business registration certificate is only the first step. For the company to sell, sign contracts and keep tidy books, a few groups of tasks need review. The list below is general reference; the exact deadlines and procedures are set by the law in force, so check them before you act.
Groups of tasks to review
- A bank account for the business. Use an account of its own, separate from the personal accounts of the owner and the legal representative.
- Initial tax matters. Find out the filing and payment obligations the business has from the day it is set up.
- E-invoices and digital signature. Prepare the tools to issue invoices and to file electronically with state authorities.
- Books and accounting regime. Decide which accounting regime applies, who is responsible, and how vouchers are kept from the very first month.
- Capital contribution. Check contributions against the commitments in the registration dossier and keep the supporting documents.
- Sub-licences, if any. If the business line has conditions, check the conditions and licences needed before trading.
- Employment contracts and insurance. If you hire staff, learn about the related procedures.
One habit to build from the start
Record every receipt and payment with a document, even small ones. Clear books from the first month save a great deal of time when filing is due.
If you would like company on these steps, we can combine our company formation support and business accounting, so the business runs within the rules from the start.