Statutory Audit

Statutory Audit, deriving from a legal provision, for companies, public services, Autonomous Funds, autarchies and Municipal companies.

Realization in kind to increase share capital in companies

Reports for Certification of credits considered uncollectible for the purpose of recovering VAT

Audit procedures agreed

Verification of investments supported by national and / or community programs

Opinions on Mergers, Splits and Transformation of Companies

Financial audits

Account Audit deriving from a statutory or contractual provision or by decision of the managing body.

Financial Due Diligence 

The due diligence process will help structure the deal and prepare you for negotiations. Vitis’s comprehensive process encompasses financial, tax and broader analysis to identify both the risks and opportunities of a potential transaction to help you make the right decision.

We have cultivated a well-deserved reputation of being a firm capable of delivering a range of outsourcing solutions to a variety of clients, all with specific needs and requirements – whether those are connected with payroll services, accounting systems, annual returns, financial analysis or other areas..

Our professional, expert team of business specialists are highly experienced professionals who are accustomed to scaling any form of challenge placed in front of them, so you can trust that we have the required knowledge to come up with the right solutions for you.

Additionally, our specialists will maintain open communication channels and will deliver any updates in a clear and concise manner, enabling you to remain fully aware of how your administrative services are being handled throughout the entire process.

Vitis provides the following outsourcing services:

• Bookkeeping
• Preparation of budgets, management accounts and periodic financial analyses
• Provision of temporary or part-time accounting assistance
• Design and implementation of accounting systems
• Preparation of accounting manuals
• Payroll services
• Corporate secretarial services
• Assisting clients with their business entry strategy into new markets
• Setting up new legal entities
• Maintaining minutes and other legal documents
• Non-executive directorships
• Preparing and submitting annual returns

 If you would like to find out more about our range of outsourcing services and how we could help you and your business, please do not hesitate to get in touch with us.

Assumption of functions as certified accountants

Vitis has, in its technical staff, OCC (Order of Certified Accountants) professionals, who can assume the responsibilities inherent to the function.

Implementation of cost accounting systems

Implementation of product costing systems

Payroll services 

Managing global payroll across multiple countries can be challenging for many businesses. You may face different payment dates and deadlines, local rules and regulations, types of deductions, frequency of payments and a variety of reporting requirements. It can also be problematic and inefficient using multiple local providers and hiring specialists in countries to service only a few employees.

Preparation of financial statements

Support in closing books

Applications for incentive or financing systems

Internationalization projects

Headquarters of companies (temporary) *

Vitis can provide its customers with their address for the fiscal headquarters of their companies.

Support in setting up companies *

Dissolution, liquidation and closure of companies

* This type of service is part of the general preventive duties provided for in article 11 of the LBCFT (Law 83/2017 of 18 August), aimed at combating money laundering and terrorist financing, to which all obliged entities are subject to in their business activity.

Evaluation of companies or businesses 

Transaction advisory – Minimise risk, maximise returns.

We understand that a variety of factors and tensions come into play when you’re dealing with complex transactions.

Whether you’re making an acquisition, forming a strategic alliance, raising or investing capital or releasing funds through a sale or restructuring, you need advice that is sound, practical and innovative.

Judicial assessments

Consolidation of accounts

Business assessment and financial benchmarking

A business assessment is a systemized, procedural analysis and reporting of key performance indicators (KPIs) that can accurately communicate your current reality, opportunities, and the gaps in between.

A business assessment helps you to achieve your company’s goals, to expand and grow your business in a smart and strategic way.

The output of the assessment helps to identify the critical areas of the strategic plan. Taking the first step into this process will put you on a path to running your business more strategically.

Embrace change. Lead with confidence.

We empower you.

Preparation of management support reports

Implementation of models to support international reporting and account consolidation

Due diligence in M&A

Preparation of projects for mergers, spin-off and transformation of companies

Tax Consulting 

Don’t get caught by complexity.

Stay on top of tax changes. If you’re a global business juggling the complex and diverse tax rules of multiple markets, it can be hard to stay on top. We ofer in-depth, up-to-date knowledge of the relevant local rules and regulations. Through collaboration with our tax professionals, we are able to provide you with seamless solutions.

We give you practical, commercially-focused and socially responsible advice from our most experienced tax experts.

Together, we’re dedicated to finding the best possible tax solutions for your business, while always acting with the highest level of integrity and concern for your reputation.

Preparation and review of tax returns

Preparation of transfer pricing dossier

Other responses to BEPs 

– Country by Country reporting

Country-by-Country Reporting is a tool intended to allow tax administrations to perform high-level transfer pricing risk assessments, or to evaluate other BEP-related risks.

The country-by-country reporting template will require multinational enterprises (MNEs) to provide annually and for each jurisdiction in which they do business the following:

• aggregated information relating to the global allocation of the MNE’s income and taxes paid together with certain indicators of the location of economic activity within the MNE group
• information about which entities do business in a particular jurisdiction and the business activities each entity engages in.

Vitis can help companies to implement the necessary procedures to comply with this standard.

-DAC 6

The Community DAC 6 standard transposed into Portuguese domestic law by Law 26/2020 of 7/21, establishes the obligation on the part of tax intermediaries to declare transactions that can be considered aggressive tax planning and that occur at the international level.

The information obligations set out in this regulation are intended for tax intermediaries, such as consultants, lawyers, managers or financial institutions, who will be required to submit the corresponding declarations to the Tax Administration, within the scope of the legal transactions or business carried out between two Member States of the European Union or between a Member State and a State outside of the EU.

Vitis can help companies to implement the necessary procedures to answer this standard.

-Hybrid mismatch arrangements

Hybrid mismatches are cross-border arrangements that take advantage of differences in the tax treatment of financial instruments, asset transfers and entities to achieve “double non-taxation” or long term deferral outcomes which may not have been intended by either country.

A common example of a hybrid financial instrument would be an instrument that is considered a debt in one country and equity in another so that a payment under the instrument is deductible when it is paid but is treated as a tax-exempt dividend in the country of receipt.

Vitis can help companies to implement the necessary procedures to comply with this standard.

Statutory Audit

Statutory Audit, deriving from a legal provision, for companies, public services, Autonomous Funds, autarchies and Municipal companies.

Realization in kind to increase share capital in companies

Reports for Certification of credits considered uncollectible for the purpose of recovering VAT

Audit procedures agreed

Verification of investments supported by national and / or community programs

Opinions on Mergers, Splits and Transformation of Companies

Financial audits

Account Audit deriving from a statutory or contractual provision or by decision of the managing body.

Financial Due Diligence 

The due diligence process will help structure the deal and prepare you for negotiations. Vitis’s comprehensive process encompasses financial, tax and broader analysis to identify both the risks and opportunities of a potential transaction to help you make the right decision.

We have cultivated a well-deserved reputation of being a firm capable of delivering a range of outsourcing solutions to a variety of clients, all with specific needs and requirements – whether those are connected with payroll services, accounting systems, annual returns, financial analysis or other areas..

Our professional, expert team of business specialists are highly experienced professionals who are accustomed to scaling any form of challenge placed in front of them, so you can trust that we have the required knowledge to come up with the right solutions for you.

Additionally, our specialists will maintain open communication channels and will deliver any updates in a clear and concise manner, enabling you to remain fully aware of how your administrative services are being handled throughout the entire process.

Vitis provides the following outsourcing services:

• Bookkeeping
• Preparation of budgets, management accounts and periodic financial analyses
• Provision of temporary or part-time accounting assistance
• Design and implementation of accounting systems
• Preparation of accounting manuals
• Payroll services
• Corporate secretarial services
• Assisting clients with their business entry strategy into new markets
• Setting up new legal entities
• Maintaining minutes and other legal documents
• Non-executive directorships
• Preparing and submitting annual returns

 If you would like to find out more about our range of outsourcing services and how we could help you and your business, please do not hesitate to get in touch with us.

Assumption of functions as certified accountants

Vitis has, in its technical staff, OCC (Order of Certified Accountants) professionals, who can assume the responsibilities inherent to the function.

Implementation of cost accounting systems

Implementation of product costing systems

Payroll services 

Managing global payroll across multiple countries can be challenging for many businesses. You may face different payment dates and deadlines, local rules and regulations, types of deductions, frequency of payments and a variety of reporting requirements. It can also be problematic and inefficient using multiple local providers and hiring specialists in countries to service only a few employees.

Preparation of financial statements

Support in closing books

Applications for incentive or financing systems

Internationalization projects

Headquarters of companies (temporary) *

Vitis can provide its customers with their address for the fiscal headquarters of their companies.

Support in setting up companies *

Dissolution, liquidation and closure of companies

* This type of service is part of the general preventive duties provided for in article 11 of the LBCFT (Law 83/2017 of 18 August), aimed at combating money laundering and terrorist financing, to which all obliged entities are subject to in their business activity.

Evaluation of companies or businesses 

Transaction advisory – Minimise risk, maximise returns.

We understand that a variety of factors and tensions come into play when you’re dealing with complex transactions.

Whether you’re making an acquisition, forming a strategic alliance, raising or investing capital or releasing funds through a sale or restructuring, you need advice that is sound, practical and innovative.

Judicial assessments

Consolidation of accounts

Business assessment and financial benchmarking

A business assessment is a systemized, procedural analysis and reporting of key performance indicators (KPIs) that can accurately communicate your current reality, opportunities, and the gaps in between.

A business assessment helps you to achieve your company’s goals, to expand and grow your business in a smart and strategic way.

The output of the assessment helps to identify the critical areas of the strategic plan. Taking the first step into this process will put you on a path to running your business more strategically.

Embrace change. Lead with confidence.

We empower you.

Preparation of management support reports

Implementation of models to support international reporting and account consolidation

Due diligence in M&A

Preparation of projects for mergers, spin-off and transformation of companies

Tax Consulting 

Don’t get caught by complexity.

Stay on top of tax changes. If you’re a global business juggling the complex and diverse tax rules of multiple markets, it can be hard to stay on top. We ofer in-depth, up-to-date knowledge of the relevant local rules and regulations. Through collaboration with our tax professionals, we are able to provide you with seamless solutions.

We give you practical, commercially-focused and socially responsible advice from our most experienced tax experts.

Together, we’re dedicated to finding the best possible tax solutions for your business, while always acting with the highest level of integrity and concern for your reputation.

Preparation and review of tax returns

Preparation of transfer pricing dossier

Other responses to BEPs 

– Country by Country reporting

Country-by-Country Reporting is a tool intended to allow tax administrations to perform high-level transfer pricing risk assessments, or to evaluate other BEP-related risks.

The country-by-country reporting template will require multinational enterprises (MNEs) to provide annually and for each jurisdiction in which they do business the following:

• aggregated information relating to the global allocation of the MNE’s income and taxes paid together with certain indicators of the location of economic activity within the MNE group
• information about which entities do business in a particular jurisdiction and the business activities each entity engages in.

Vitis can help companies to implement the necessary procedures to comply with this standard.

-DAC 6

The Community DAC 6 standard transposed into Portuguese domestic law by Law 26/2020 of 7/21, establishes the obligation on the part of tax intermediaries to declare transactions that can be considered aggressive tax planning and that occur at the international level.

The information obligations set out in this regulation are intended for tax intermediaries, such as consultants, lawyers, managers or financial institutions, who will be required to submit the corresponding declarations to the Tax Administration, within the scope of the legal transactions or business carried out between two Member States of the European Union or between a Member State and a State outside of the EU.

Vitis can help companies to implement the necessary procedures to answer this standard.

-Hybrid mismatch arrangements

Hybrid mismatches are cross-border arrangements that take advantage of differences in the tax treatment of financial instruments, asset transfers and entities to achieve “double non-taxation” or long term deferral outcomes which may not have been intended by either country.

A common example of a hybrid financial instrument would be an instrument that is considered a debt in one country and equity in another so that a payment under the instrument is deductible when it is paid but is treated as a tax-exempt dividend in the country of receipt.

Vitis can help companies to implement the necessary procedures to comply with this standard.