ECONOMIC AND LEGAL CONSULTING
By reviewing the business opportunities of clients and providing a quality services, VM KOD aims to create added value for its clients and their business.
We are ready to offer you advice, help you understand the essence and offer appropriate solutions.
Business Advisory (Transaction Services, Company Restructuring, Business/Investment plans and other services) encompasses:
- Due Diligence (for the acquirer and seller) – the objective of due diligence report is to provide a clear picture of the business to the acquirer and/or seller through independent, expert assessment of risk in order to avoid uncertain situations and possible disputes. Due diligence provides a basis for planning the strategy of acquiring or selling companies,
- Preparation of business and investment plans, assessment of the client’s solvency,
- Preparation of Feasibility Study and selection of accounting software,
- Restructuring of companies in accordance with the Law on Companies-Report of an independent expert, Creation of the consolidated and spindle balance sheet,
- Mergers and Acquisitions, Joint ventures,
- The implementation of the bankruptcy proceedings and reorganization plan in accordance with the Law on insolvency of companies.
VM Kod also performs services of economic-financial valuation – evaluation of values:
- valuation of assets, liabilities and equity
Quality assessment may provide payment or getting the right price in the transaction. VM Kod provides services in the field of assessment of capital and property. Well prepared and clearly documented conclusions regarding the value, help our clients in understanding of income, the value of work and / or tax consequences. Valuation may also help to streamline the client's strategy on the right way, strengthen the position that owns or protect the investment.
Tax advisory and Consulting
The tax system in Montenegro is a subject to a various interpretations and frequent changes, and in certain segments is unclear.
VM Kod with tax consulting provides full support to clients who are just starting their business, directing them to their first steps, as well as the companies with complex activities.
It is almost impossible, that you, in addition to your ongoing activities, follow and know each of the relevant laws and sub regulations, although not acting in accordance with them pulls a misdemeanour, and often criminal responsibility. Our employees are always informed about current changes and peculiarities of each branch of business.
Tax consulting services relates to:
- Tax planning of the complete business,
- Tax audit and control of intern tax procedures,
- Interpretation of regulations and providing expert opinions, consulting in the area of implementation of income tax legislation, VAT, excise, real estate tax, the avoidance of double taxation, etc,
- Optimization of tax loads during the statutory changes (merger, acquisition, etc) and during the planning of numerous transaction,
- The diagnostic company inspections from the tax aspects for the needs of potential buyers (tax due diligence),
- Analysis of tax implications related to significant contracts and transactions,
- Identification of types of taxes which are subject to certain transactions with physical persons and legal entities (state and local).
Accounting and Business Support Services
Through our services, we help you to achieve your business goals.
We can rearrange your financial and accounting processes, performing them for you or with you, depending on your needs.
Our accounting services include the following:
- Bookkeeping services for all types of companies and organizations,
- Calculation of salaries and other personal incomes, preparation of payroll sheets and pay slips,
- translation of financial statements compiled according to national regulations (local legislation) to U.S. GAAP and UK GAAP,
- Consulting in accounting and bookkeeping.
Our business support services comprise:
- Establishment and registration of a company and organizations,
- representation of companies and organizations in all aspects, before tax and other legislative bodies,
- Business correspondence and drafting of various business documents and general documents (contracts, statutes, regulations, lawsuits, appeals, letters ,..),
- training and implementation of the International Financial Reporting Standards - theoretical and practical part of training is done in our or your premises, depending on the needs and circumstances and in accordance with the training.
- implementation of a system of internal controls and drafting of internal acts (regulations, instructions, guidelines, standardized forms…) taking into account local legislation and procedures SOX 404,
- Performing executive duties,
- Office administration, i.e. company secretarial services,
- Preparation and sending of invoices and execution of payments,
- Registration and cancellation of employees,
- Cash flow monitoring.
Market research in the economic field, marketing and economic design
Market researches are invaluable resource for any business that wants to reach a high level of satisfaction of customer needs and maximization of profit.
Market research involves gathering of data that already exists either from internal sources of the client, publications of governmental and non-governmental institutions, on the internet, in professional newspapers and magazines, in annual reports of companies and commercial databases.
The required data are collected using questionnaires, telephone surveys, fax and/or e-mail surveys, then using the in-depth interviews, focus groups and monitoring.
Clear defining of marketing strategies and goals and preparation of appropriate marketing plans and policies represents the most important step in presenting companies and organisations to the public.
Economic design is based on research of scientific achievements and certain areas of arts, tracking and analyzing economic trends and analyzing and testing of economic needs of the business environment in order to adjust a quality of offer to a client and achieving of business successes.
Investment and Development Fund of MNE,
Swisslion Takovo, Ltd. Podgorica,
SOX 404 - Internal controls