Friends, the year is coming to an end, and it’s time to wrap up our financial affairs. If you have submitted an abbreviated report on controlled foreign companies (CFCs), we would like to remind you that the submission of full annual reports is not a recommendation, but an obligation!
Deadline: 31 December 2024.. Yes, it’s coming soon! Why is it important to do this right now?
Avoidance of fines. Late submission of the annual report may result not only in financial penalties but also in additional audits.
Well-ordered affairs. Close the CFC issue by the end of the year to celebrate the new year without unnecessary worries.
Financial transparency. The full report provides the State with the necessary information about the activities of your foreign companies and strengthens your reputation. Don’t wait for the last moment! Start preparing today to meet the deadline. Be disciplined and your business will remain sustainable and successful. 31 December is closer than it seems! Don’t delay, act now!
The Clock is Ticking: Mind Your CFC’s Annual Reporting!
