Welcome to our FAQ page!

Do you have a specific question? There is a good chance the answer can be found in our frequently asked questions below. If your question is not listed, please feel free to contact us through the contact form. We are ready to help you!

As entrepreneurs, we understand that managing countless administrative tasks can be overwhelming. That is precisely why outsourcing to CFS-Global can help you not only lighten the burden of these tasks but also focus your valuable time and energy on what really matters: strengthening your core activities and driving your business growth.

Our services include, among others, invoice processing, preparation of annual accounts, tax returns, payroll administration, financial advice, and more. Please feel free to contact us for a complete overview of our services.

Yes, you can choose to outsource all your administrative tasks to us, from invoice processing to tax returns. This gives you more time to focus on your core business.

At CFS-Global, we safeguard your privacy and data security through strict measures. We place great value on building a relationship of trust with our customers and respect your privacy. Your confidential information is used only for its intended purposes. Your data is in safe hands, with access limited to authorized personnel and internal processes that ensure this.

First, it must be verified whether the tax assessment was imposed correctly. To do this, please contact us within 1 week of receiving the tax assessment so that we can verify the assessment and take any necessary follow-up actions.

Every entrepreneur is legally required to keep their records for ten (10) years.

No, as the owner of a sole proprietorship, you do not receive a salary. However, you may employ staff who receive a salary.

Naturally, as the owner of a sole proprietorship, you do pay tax: not payroll tax, but income tax. The money you transfer to your private account during the financial year has nothing to do with income tax; income tax is calculated on your profit, regardless of how much (or how little) you have transferred to your private account.

Both the declaration and the payment must be made within 15 days after the end of each month.

Please bear in mind that we must first process your records before the VAT return can be prepared. Therefore, we advise you to submit your records to us no later than the 7th.e of each month, so that we have time to enter the invoices, receipts, and bank statements and prepare a correct VAT return.

Failure to file and/or pay tax returns on time can result in fines and interest charges.

Yes, even if you have not generated any turnover in a certain period or if only an exempt transaction is involved, you must submit a nil return to the Tax and Customs Administration on time.

Upon request, and with the permission of the Tax and Customs Administration, certain entrepreneurs may file an annual return. Please contact us for the conditions.

You can easily contact us via email or our website to schedule a consultation or to obtain more information about our services and how we can assist you.

Are you interested in our services, would you like to get acquainted, or do you simply have a question?
Please contact CFS-Global. We are happy to assist you.

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