Lawyer-Accountant: (3) Cost
Bart Van den Bossche writes:
How much should your accountant typically cost you?
Just as for lawyers with their clients, the same is true for accountants: this is a difficult question to answer.
There are many types of accountants that can provide the services you need: from the international accountancy practices to one-person accountancy practices.
A useful preliminary step, when you first contact potential accountants, is to request an estimate of the likely cost range of each of the following services:
- Start-up: Completion of Social Security registration.
- Periodic: Preparation and submission of annual tax declaration.
- One-person company (in addition to the previous two items): Preparation and submission of company accounts and annual tax declaration.
As long as you contact enough accountants, their estimates should give you a fair idea of the likely costs involved.
Unless there is some unusual aspect to your fiscal situation, the preparation and submission of these documents for self-employed lawyers is usually fairly straight-forward.
Next article: (4) Disputes
Author: Bart Van den Bossche ©
First published: 12 November 2005
Last updated: 19 August 2006