H&O Consulting Reviews & Profile - Accounting Firm

About H&O Consulting

In Suwałki, Poland, the accounting office of H&O Consulting handles bookkeeping, tax, payroll and company formation for businesses across the country and abroad. The firm says it works with Polish and foreign companies, serves clients in Polish, English and Russian, and offers its services to businesses of every legal form, from sole traders to limited companies with foreign capital.

Setting up and running limited liability companies

The office helps clients set up limited liability companies and sole proprietorships, preparing the documents needed to register them. Its service then runs from the company's formation to its liquidation. Before the first bookkeeping entry, the firm prepares the accounting policy and chart of accounts that a company needs, and afterwards it keeps the books, prepares resolutions and minutes from shareholder meetings, and handles the annual accounts and tax returns.

Taking over books from another office

Many companies come to H&O because a previous office did not understand the needs of a limited liability company. The firm says it often finds missing charts of accounts, unfiled financial statements, errors in electronic tax files and wrongly calculated wages and holiday pay. It starts with an audit of the existing records, then tidies the chart of accounts and accounting policy and prepares any missing reports. Accounts can be transferred mid-year as well as at the start of a financial year.

Full accounting, tax books and payroll

The core accounting service includes full bookkeeping, tax books of income and expenses and the flat-rate tax records used by some small businesses. The office prepares VAT records, monthly, quarterly and annual tax declarations, electronic tax files, and payroll lists with salary records and electronic social insurance declarations. It also prepares documents for statistics, banks and state registers, and advises on tax planning and on the new rules that often affect small companies.

Foreign staff, work permits and cross-border work

Clients that employ foreign workers can use the office to hire people from countries such as Ukraine and Belarus and to arrange work permits in Poland. The firm also advises on Estonian CIT, the corporate income tax option, and on cross-border activity, and it works with a lawyer, a notary, an auditor and a tax adviser so that a client does not have to coordinate each professional separately.

Insurance and extras alongside accounting

The office also arranges insurance, including motor liability and comprehensive cover, household and property insurance, fleet cover, travel and life cover, and professional liability and business insurance. Other services bundled with the accounting include contact with an adviser outside normal office hours, help opening a bank account, legal and tax advice, and invoicing software.

TrustList summary

H&O Consulting is an accounting office in Suwałki, Poland, handling bookkeeping, tax and payroll work for businesses of every legal form. It serves Polish and foreign companies, including firms hiring workers from abroad, and works with clients across the country.

Products and services

Full accounting: keeps statutory accounts and tax books of income and expenses, and prepares VAT records, tax returns and annual financial statements.
Payroll and HR administration: payroll lists, salary records and social insurance declarations.
Company formation: sets up limited liability companies and sole traders, with support through to liquidation.
Foreign staff: helps employers hire people from abroad and arranges Polish work permits.
Tax advice: ongoing tax planning and help choosing a suitable business form.
Insurance: arranges vehicle, property, life and business cover.

Who it works with

Clients range from one-person businesses to limited companies and firms with foreign capital or cross-border activity. Service is offered in Polish, English and Russian.