Mikheil Chelidze, auditor of the Audit Company Financial Office, will head the Supervisory Board of the Georgian Small and Medium Enterprises Association from today, which is an additional motivation and responsibility for our company to invest more efforts in supporting the small and medium business sector.

On September 20, 2013, the First International Business Development Forum was opened at Expo Georgia Exhibition Center, supported by USAID-CAUCASUS, EPI, European Bank for Reconstruction and Development, and GSMEA. The auditing company Financial Office presented its innovative products and approaches in the consulting sector in exhibition format. The business support portal Business Navigator was also presented, and a summary of the period was conducted. The First International Business Development Forum was attended by banks, investment, donor, international and microfinance organizations, as well as business consulting companies.

By order #9887 of the Head of the Revenue Service, Lasha Khutsishvili, a Coordination Council has been established within the Revenue Service, which includes Mikheil Chelidze, Chairman of the Tax Committee of the Georgian Small and Medium Enterprises Association and Auditor of the Financial Office. The Council was created to establish a unified approach to interpreting certain norms of Georgian tax legislation. As you are aware, the Revenue Service operates with situational guidelines (so-called manuals). The main purpose of the Coordination Council’s working meetings will be to develop/revise these guidelines and implement them in Georgian tax legislation. The Council’s work involves employees from both the Revenue Service and the Ministry of Finance, as well as representatives from the private sector (tax experts). See Link: http://rs.ge/default.aspx?sec_id=4845&lang=1&newsid=2703

The audit company Financial Office has introduced its unique product Business Navigator, whose main purpose is to support small and medium businesses. Business Navigator is hosted on Financial Office’s Facebook page and allows entrepreneurs to use business-essential tools free of charge, such as: contract templates, accounting documentation, business legislation. On Business Navigator, you can also share Financial Office’s experience in dealing with the Revenue Service and receive a lot of useful information. Visit Business Navigator

A Tax Committee has been established at the Georgian Small and Medium Enterprises Association, which will be headed by Mikheil Chelidze, an auditor representing the Financial Office audit company and a member of the Association’s Supervisory Board. The Tax Committee presentation was held at the Radisson Hotel, attended by Revenue Service Chief Lasha Khutsishvili, Chairman of the Small and Medium Enterprises Association Kakha Kokhreidze, among other guests. The presentation introduced the Tax Committee’s main objectives to the business community, which include studying gaps and inaccuracies in tax legislation and preparing recommendations for refining and adapting tax legislation. The Tax Committee’s work will involve private sector tax specialists, whose comments and initiatives will be regularly reviewed with the relevant structural units of the Ministry of Finance for subsequent legislative initiation.

The Financial Office became a member of the Supervisory Board of the Georgian Small and Medium Enterprises Association on October 12, 2012. Auditor Mikheil Chelidze will represent the Finance Office on the Supervisory Board. Our efforts in this position will be directed towards preparing and initiating initiatives and legislative projects on adapted norms and rules of tax legislation for small and medium-sized businesses. We believe that this will contribute to the establishment of a competitive and fair environment in the small and medium-sized sector.

The Financial Office Facebook page has been opened, where you can learn about the company and business news on a daily basis. Our Facebook page will regularly post various types of information, documentation, and business tools needed by companies. Please visit us and like our FaceBook page.

An agreement has been reached between Finas company and Financial Office regarding long-term cooperation in partnership mode, which includes, on one hand, the implementation of Finas software in Financial Office’s own accounting system, and on the other hand, periodic software audits and consultations in compliance with legislative requirements on software innovation implementation issues.

On March 10, 2011, the accounting and consulting brand Financial Office opened in Carvasla Shopping Center, the creation of which was prompted by the low level of services in this sector and the implementation of flexible tax administration instruments by the state, which in turn encourages companies toward improving financial and tax accounting and approaching international standards. From today, business entities and organizations at the “Financial Office” have the opportunity to receive qualified and guaranteed accounting and consulting services, monitor past period results, in which they will receive qualified assistance from a team of professional auditors, lawyers, and expert accountants. “Financial Office” was presented by LLC “Business Administration Support Center”, whose main goal is to support the commercial and non-commercial sectors at various levels of business administration. To support entrepreneurs, an affordable tariff plan for services was specially developed for both beginning and experienced companies. Our services are available at all stages of business development. You can view the offer and presentation.