NEXIA INTERNATIONAL




The company B. KARAOGLOU S.A. is marked by its flexibility, proper organization, absolute confidentiality and the total support it provides to its customers. The services offered include:

DEPT. É TAX CONSULTANCY - TAXATION ISSUES
DEPT. ÉÉ GENERAL ACCOUNTING ISSUES
DEPT. ÉÉI INDEPENDENT COST ACCOUNTING ISSUES
DEPT. ÉV AUDITING ISSUES
DEPT. V LABOUR RELATIONS ISSUES
DEPT. VÉ COMPANY LAW, SPECIAL & INTERNATIONAL ISSUES
DEPT. VÉÉ FOREIGN COMPANIES
DEPT. VÉIÉ ACCOUNTS OFFICE COMPUTERIZATION
DEPT. ÉX COMPUTER APPLICATION DEVELOPMENT
DEPT. X SEMINARS AND TRAINING
DEPT. XI ACCOUNTING & TAX SUPPORT TO SMEs
DEPT. XII ORGANIZATION AND PREPARATION OF COMPANY FILES FOR LISTING ON THE STOCK EXCHANGE


DEPT. É    TAX CONSULTANCY - TAXATION ISSUES

  • This Department studies, examines, analyses and makes proposals on the appropriate provisions and the margins provided by the tax legislation in order to find solutions to problems.
  • It also participates in implementation of proposals and formulation thereof in written form to achieve practical resolution of various issues so they can be closed off. All alternatives are explored.
  • The Department seeks to ensure that each business or organization operates completely in line with the tax legislation in order to avoid the imposition of sanctions.




DEPT. ÉÉ     GENERAL ACCOUNTING ISSUES

This Department deals with:
  • Organizing accounting systems
  • Implementing the Chart of Accounts
  • Organizing internal auditing systems
  • Warehouse organization
  • Preparing financial statements and consolidated balance sheets regardless of level of turnover.




DEPT. ÉÉÉ     INDEPENDENT COST ACCOUNTING ISSUES

This Department deals with:
  • Analysing cost accounting systems and their implementation
  • Implementing independent cost accounting and the relevant chart of accounts
  • Scheduling of operations
  • Budgeting figures




DEPT. ÉV     AUDITING ISSUES

This Department deals with:
  • Management audits
  • Accounting books and records audits
  • Financial statement and consolidated balance sheet audits
  • Budget - budgetary review audits
  • Audits on the good and proper operation of accounting systems
  • Audits on the good and proper operation of internal auditing systems.




DEPT. V     LABOUR RELATIONS ISSUES

This Department is responsible for:
  • Examining, analysing, planning and implementing proposals on labour and social insurance issues affecting both employees and businesses
  • Full implementation of the labour and insurance law in force
  • Handling labour relations issues concerning the employment of staff in different areas of specialization and on different contracts
  • Handling main and supplementary insurance issues with regard to employees of businesses and with regard to other insurance funds.




DEPT. VÉ     COMPANY LAW - SPECIAL AND INTERNATIONAL ISSUES

The issues dealt with here are:
  • Á. INCORPORATION
    • Personal companies (General & Limited Partnerships)
    • Societes Anonyme and Limited Liability Companies
  • Â. CONVERSION
    • Conversion of sole trader enterprises and personal companies into Societes Anonyme and Limited Liability Companies
  • C. MERGERS
    • Various merger forms and combinations
    • Business transformations entailing tax breaks
  • D. WINDING UP - LIQUIDATION OF COMPANIES
    • Personal companies (General & Limited Partnerships)
    • Societes Anonyme and Limited Liability Companies
  • Å. SPECIAL TASKS
    • Acquisitions
    • Business valuations
    • Expert opinions
    • Share capital increases - reductions
    • Planning, organization and supervision of running of Societes Anonyme and Limited Liability Companies in line with the provisions of Laws 2190/20 and 3190/55 respectively as in force
    • Codification of Articles of Association in line with the provisions in force
    • Complete implementation of the development laws and incentives on an individual or combined basis in order to carry out all the aforementioned tasks.




DEPT. VII     FOREIGN COMPANIES

Á. B. KARAOGLOU S.A. collaborates with companies abroad offering top quality services to both small and large businesses active abroad or foreign companies operating in Greece. These include:
  • Auditing services
  • Tax services
  • Computing services
  • Human Resource & Financial Management
  • Strategic Planning
  • Corporate mergers and conversions


Â. Moreover, the company's constantly expanding range of services is being added to in order to ensure that its widening customer base in Balkan and other countries (such as Bulgaria, Romania, Albania, FYROM, Turkey, England, Cyprus and so on) are adequately provided for with excellent results. These include:
  • Selecting the appropriate legal structure
  • Incorporation, establishment and administration
  • Tax planning
  • Obtaining the necessary licences
  • Establishing the necessary accounting system
  • Shareholder, management and secretary (nominee) services
  • Secretarial support
  • Opening and management of bank accounts
  • Annual auditing
  • Accounting services
  • Tax services




DEPT. VÉÉI     ACCOUNTS OFFICE COMPUTERIZATION

B. KARAOGLOU S.A. undertakes to switch accounts offices over to computerized systems. It does so in the most responsible manner since it goes without saying that all its proposals are not only implemented using the best computer systems but have also been fully checked in relation to taxation issues by a respected team of tax consultants.

This allows the company to undertake:
  • The design of and provide guidance about computerization and to monitor work until the entire system is in place and in operation.
    • The design for the company computerized systems.
    • Application configuration.
  • Conversion of hand-kept accounting book systems into fully computerized systems.
  • Coding such as:
    • Chart of accounts coding (fully in line with the Greek General Chart of Accounts and the provisions relating to VAT, as well as fully in line with customer needs)
    • Customer coding
    • Supplier coding
  • Implementation studies on how independent cost accounting can be applied to industrial and commercial companies as well as service providers.
  • Staff training. Training is conducted by specialists in the computer systems who are also experts in general and independent cost accounting and who are fully up-to-date on how the provisions of the Hellenic Accounting Books and Records Code and VAT Code apply to computerized accounting systems.




DEPT. IX     COMPUTER APPLICATION DEVELOPMENT



B. KARAOGLOU S.A. has holdings in certain companies that both produce and commercially distribute and market computer products.

Combining the strengths of two different types of companies and their know-how, B. KARAOGLOU S.A. is able to create applications tailored to each business or organization's requirements and meeting their operating needs by using software development tools.

Moreover, it is also able to promote software and hardware products since it is an authorised consultant dealer for the following software development companies: ALTEC, SINGULAR, LOGICDIS, and EMPHASIS, among others.



DEPT. X     SEMINARS AND TRAINING

Á. SEMINARS

B. KARAOGLOU S.A. is involved in the planning, organization and running of training seminars dealing with accounting, taxation, legal and computerization issues, among other things.
  • A large number of seminars have been successfully organized and hosted by a fully-trained team of instructors, who in many cases were leading officials from the Ministry of Finance, the Ministry of National Economy and the Ministry of Commerce, etc.
  • Moreover, in-house seminars have also been held in line with course programming and special teams of company officers from various business sectors have been trained.

Â. TRAINING
  • Staff from various other businesses drawn from the financial services, production, computerization and accounting departments, etc., are trained in a very hands on way and specific guidelines and solutions are highlighted for them by experienced, executives who are leaders in their field.
Top-level training is provided in the following sectors:
  • Auditing
  • General Accounting
  • Independent Cost Accounting
  • Taxation Systems
  • Cost Accounting Systems
  • Financial Issues
  • Business Administration and Organization
  • Information Technology
Businesses should note that they may be able to obtain financing and subsidies from various organizations for these seminars and training courses.



ÔÌÇÌÁ XIACCOUNTING & TAX SUPPORT TO SMEs

This Department is responsible for:
  • Providing specialized tax services
  • Providing specialized tax consultancy services
  • Providing labour relations services
  • SME account office supervision
  • SME account office management
  • Preparing income tax returns
  • Preparing VAT returns and VIES system updates
  • Preparing Property Transfer Tax Returns
  • Real Estate Property objective valuation




ÔÌÇÌÁ XIÉORGANIZATION AND PREPARATION OF COMPANY FILES FOR LISTING ON THE STOCK EXCHANGE


B. KARAOGLOU S.A. has holdings in B.K. FINANCE S.A., a company whose sole activity is to prepare other companies for listing on any of the various markets comprising the Athens Exchange (Main, Parallel or New Market).
A significant number of companies have assigned B.K. FINANCE the task of preparing all documentation for listing on the Athens Exchange and it is the sole company in Northern Greece active in this sector, collaborating with the large brokerage and securities firms in Greece. Company Chairman and Managing Director is Vangelis Karaoglou.