Preparation and submission of zero balance reports

Zero balance is a special type of accounting and tax statements for the period of complete absence of economic activities of a taxpayer.

A company must submit a zero statement to the Inspectorate of Federal Tax Service and Non-budgetary Fund if, for some period of time, the company did not perform any financial transactions or did not have any monetary transactions.

Services concerning preparation and submission of zero accounting statements include:

  • Preparation of the full package of zero accounting statements
  • Profit and loss statement
  • Balance sheet
  • Profit tax and property tax declaration
  • VAT
  • Payroll registers RSV-1 to the Pension Fund and 4FSS to the Social Insurance Fund

Submission of statements to state authorities.

UCMS Group takes  care of all your financial accounting outsourcing services so you can focus on more important things.

Quick Facts

  • Accounting and financial reporting according to IFRS, US GAAP, UK GAAP and local statutory requirements
  • Comprehensive tax services including tax advice, reporting and filing
  • Transfer pricing documentation and reporting