This regime is mandatory in the following situations:
Individual entrepreneurs or self-employed professionals with a net annual income of more than 200 thousand euros ;
All types of companies such as public limited companies, limited 99 acres phone number data companies or single-person companies ;
However, a self-employed professional or entrepreneur can opt for organized accounting, even if they do not exceed 200 thousand euros per year.
Advantages of Organized Accounting
The organized accounting system is the most efficient in tax terms and has some advantages:
Allows the deduction of most professional expenses and charges (for example, computer equipment or fuel);
Organizes accounts, making it possible to accurately determine profits and losses ;
Frees up time to manage other aspects of the business (bureaucracy and paperwork are handed over to the accountant).
Disadvantages of Organized Accounting
But it’s not all advantages. This regime also has some disadvantages that you should be aware of:
Preparation of tax files and other legal obligations;
Mandatory hiring of a Certified Accountant (previously TOC), with a monthly cost of around €150-200/month .
IRS deductions
In organized accounting, it is possible to deduct the following expenses from your IRS:
Agreement with the Certified Accountant;
Car expenses for professional purposes and related expenses (fuel, travel, among others);
Accommodation expenses, if you are away for work;
Fines, if you commit infractions;
Expenses with computer equipment;
Expenses related to the physical workplace, such as maintenance and restoration, rent, bills, bank loans, among others.
Tax calculation is based on the net result of the business, i.e., the tax is applied after deducting the value of expenses from the invoiced amount.
