Simple answers to your business finance and accounting questions, from legal compliance to the value you build. Start with your question.
Every business grows from the ground up. First, get your house in order; then understand the numbers, control the money, make data-driven decisions, and finally build value. Choose the level you're at today.
Don't know where to start? Start with the basics. Safety comes first, because without the peace of mind that you're okay, nothing else can be built.
Select or drag, and the answer appears instantly. No formulas, no Excel.
Your category sets the standard and how simple the mirrors are. Choose three values and we'll discover them together.
Rule: you are a microenterprise if you do not exceed at least two of the three thresholds. The basis is Law No. 25/2018, Article 4. Full categories
Break-even point. How many miles per month do you need to cover fixed costs before you start making a profit?.
Your accountant already has the gross margin, or we can calculate it from the statements. Full explanation
Budget and cash flow templates, invoicing formats, checklists, calculators, and an annual deadline calendar. Ready to download, free of charge. We put value into your business before we ask for anything.
Liabilities are few and finite. Here they are, and they're under control.
The numbers aren't for the accountant; they're for you, and you can read them yourself.
Money is managed with simple habits, not formulas.
Every big decision can be viewed in advance by the numbers, and the numbers will protect you from yourself.
Business isn't just about today's revenue; it's a value that's built and one day it will pay off.
How to keep the numbers with minimal effort at every level.
Fixed-date obligations related to financial reporting. Each one carries a consequence when missed.
| Obligation | Deadline | Base |
|---|---|---|
| Annual Profit Tax Statement to the Tax Office | Until March 31 | Current tax legislation |
| Filing of financial statements with the QKB | Until July 31 | Law 25/2018, Article 22 |
| Approval of the reports by the assembly | Before deposit | Law 25/2018 |
| Retention of accounting documents | ten years | Law 25/2018 |
| Fine for failure to deposit or for delay | 15,000 LEK | Law 9723, Articles 43, 46 |
From the first level, security. That means knowing who handles the accounting, which category your business falls into, what you need to submit, and by when. These are few and finite. Once you have them under control, move on to clarity, where you learn to read whether you're making a profit.
Guide · Level 1, Security
Because profit and cash are measured differently. Profit is calculated based on the period's revenues and expenses, even when an invoice hasn't been collected yet. Cash depends on actual collections and payments. So you may have sold at a profit, but the money is tied up in customers who haven't paid or in inventory in the warehouse.
Guide · Profit versus cash
By looking at three things on the income statement: how much you sell, how much it costs you to sell, and how much you have left after fixed expenses. If, after everything, a positive and sustainable figure remains month after month, the business is profitable. We translate this for you every month, not once a year.
Guide · Level 2, Clarity
This is the break-even point. You find it by dividing the monthly fixed costs by the gross margin. For example, with 600,000 LEK in fixed costs and a 40% margin, you need to sell 1,500,000 LEK per month to cover costs. Every lek above that is profit. The tool above calculates it for you.
Guide · Break-even point
Based on assets, revenue, and employees. You are a microenterprise if you do not exceed two of the three thresholds: up to 25 million in assets, 50 million in revenue, and 10 employees. The category determines how simple the statements are and which standard you apply. The tool above tells you immediately.
Law 25/2018, Article 4 · Categories
By July 31, within seven months of year-end, at the QKB and after approval by the assembly. A fine of 15,000 LEK is provided for failure or delay in filing. Therefore, it's worth submitting them on time, or leaving them with us so you don't miss the deadline.
Law 25/2018, Article 22; Law 9723 · Reflections and Deadline
All joint-stock companies are audited. For LLCs, it depends on the thresholds set by the audit law. We verify your case together, without any guesswork, before you assume any obligation.
Law 10091/2009 · Do you need an audit?
The answer isn't just the salary. It's the gross salary plus benefits, plus the time until the employee starts generating revenue. As a rule of thumb, a new employee must generate at least twice their full cost to be worth it. Let's calculate it for your case before you decide.
Guide · Can I afford to hire?
This information is general and is based on Law No. 25/2018 on Accounting and Financial Statements, as well as on applicable supplementary legislation. For your specific business situation, write to us or call us. We review your case against the current regulations before you act.
When a financial question involves law, taxes, or registration, we take you exactly where you need to go.
When you consider hiring someone, the total cost and the contract are tied to the job responsibilities.
View the Labor Code →Taxable profit, payroll tax, and the 8% dividend are explained in the taxes section.
View Taxes →The business form—sole proprietorship or LLC—determines many of the financial obligations.
View Recording →Accounting, financial statements, tax returns, and financial advisory services in a monthly package. You run the business; we handle the numbers. First consultation free and with no obligation.
No obligation · Confidentiality · Response within 24 hours
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