Accounting, Tax Accounting, and Financial Administration in Russia:
Make it Safe, Sound and Efficient
Awara Accounting provides professional services designed to overcome cross-cultural challenges in all accounting and financial administration issues and to ensure full compliance with Russian statutory financial and tax accounting rules.
Awara Accounting offers full accounting outsourcing services in Russia, including:
- Russian bookkeeping
- Financial accounting
- Tax accounting
- Tax compliance services
- Management and group reporting with international standards (US GAAP, IFRS)
- Payroll accounting outsourcing
- Customized IT solutions for accounting and financial administration
Awara takes care of your financial administration needs
We serve clients all over Russia and have offices in Moscow, Saint-Petersburg, Tver, and an European hub in Helsinki.
Awara Accounting is one of the leading foreign owned business administration services providers on the Russian market, serving international and local organizations and individual entrepreneurs. We offer advisory services for strategic business development, business set up and investment, as well as the implementation and execution of our advice.
Our services cover a wide range of business administration services: accounting, management consulting, law, audit, financial administration, training, recruitment and other HR services, as well as IT development. All of our fields of expertise are combined in an integrated package of professional services to meet our client’s specific needs. As a result, we deliver comprehensive and cost-efficient solutions that increase our client’s competitive advantages, enable profitable growth, and enhance shareholder value. Our efficient and accurate solutions derive from our international background and superior knowledge of local practices.
Tax Compliance Services
We have invested heavily in standardized processes and innovative technology tools to offer organizations high quality, cost-effective tax compliance services.
Our tax compliance services cover the following areas:
- Tax accounting as an outsourced service
- Tax review (initiative audit of your tax situation and risks; Tax Due Diligence / Self Checks)
- Assisting taxpayer at tax inspections (tax audits by tax office)
- VAT compliance
- VAT registration
- VAT disputes
- Transfer pricing compliance
- Permanent establishment risk analysis
- Filing of corporate tax returns/tax declarations (Profit tax, VAT, property tax, land tax, payroll taxes, including employers social and pension contributions)
- Filing of personal tax returns/tax declarations
- Personal wealth management tax compliance
Awara Accounting delivers solutions that are designed to assist the organization in its efforts to automate, refine, and support the tax compliance cycle – solutions that enable the company to react in time to avoid a tax dispute. The solutions involve software that enables the client to enhance efficiencies, align data and improve transparency from ERP systems all the way through the reporting and documentation process.
Customized IT-solutions for accounting and financial administration
For most companies, the use of a standard accounting software package will not be enough for managing complex financial administration processes. In most cases, an adequate ERP system is needed to ensure proper reporting.
Awara is an expert consultant in Russian ERP. We have extensive experience with all kinds of ERP systems, starting from connecting the popular Russian accounting program 1C to a relevant ERP environment.
Awara IT Solutions is a Microsoft Partner, specializing in ERP solutions for financial administrations. We also offer our in-house developed financial administration systems, Awara Purchase Manager and Awara IFRS Reporter.
Head of Financial Outsourcing Department