Outsourced accounting in Uzbekistan: what is included and how to choose a provider
Why outsourcing is cheaper than an in-house accountant, what the service should include and which questions to ask before signing a contract.
Contents
An in-house accountant means a salary, payroll taxes, a workplace, software and the risk of having no one to keep the books during holidays. That is why many companies in Tashkent outsource accounting. Here is what a business gets and how to choose a provider.
What outsourcing usually includes
- bookkeeping and tax accounting;
- tax calculation and filing of reports;
- payroll and HR paperwork;
- tax advice;
- recovery of neglected accounting.
Why it is cheaper than an employee
You pay for the result, not for working hours. A whole team works on your books: if an accountant is ill or on holiday, a colleague takes over. You don't need to buy software or follow every change in legislation — that is the provider's job.
6 questions to ask before signing
- How do you ensure quality and oversee the accounting work??
- Which software is used, and who owns the database?
- How fast do you reply, and who is my contact person?
- What is included in the fixed price, and what costs extra?
- How are documents exchanged — electronically or on paper?
- What happens to the books if we stop working together?
How we work
We manage your accounting in cloud-based 1C, so you can check your accounts at any time. The database remains your property. We provide financial liability of up to UZS 100 million, and monthly fees for zero-reporting companies start at 1,100,000 UZS per month.
Reporting requirements change, so before outsourcing it is worth discussing your tax regime and industry specifics with a consultant. Your first consultation with us is free.
