Annual Declaration is a report to the government about your business progress: whether it makes profits, losses, or go bankrupt. It reports changes made within the company throughout the year, such as address, shareholders, board of directors, business objective, financial status, and the like. Companies are obliged to report such information to the government annually, otherwise result in fines and penalties.
CAMBIZIAN CONSULTANT strongly recommends that you should not ignore this kind of declaration, and we always remind our other clients to get it done at the right time through the right process. Unless you want to do it by yourself, or if you have limited capacity in the company, CAMBIZIAN CONSULTANT will do it for you.