COMMERCIAL FIDICIARY TASKS
CENTURION has specialised in the aviation sector in all service areas. As such, we offer customised solutions for all commercial fiduciary activities for aviation companies: From ongoing bookkeeping to the preparation and publication of annual financial statements, ongoing tax consultancy and payroll accounting, the implementation of voluntary or statutory group financial statements and the assumption of fiduciary tasks. Our industry know-how and many years of experience make us the leading law firm in Austria in this sector.
Austrian tax law provides for a number of special regulations and exemptions, especially for the commercial aviation sector, such as the tax exemption for turnover according to § 6 para. 1 in connection with § 9 para. 22 UStG, as well as the input tax exemption for commercial international aviation according to § 9 para. 22 UStG for advance payments of aviation companies. CENTURION assists in the identification and legally secure application of special regulations as well as in the representation before tax authorities in disputed cases.
In the course of acquisition processes and when importing aircraft into Austria, it is particularly important to comply with VAT and customs regulations, because only an import that is in compliance with tax law leads to exemption from VAT and customs duties for the acquisition. CENTURION continuously accompanies the import of aircraft and is thus a reliable partner for your acquisition.
With CENTURION, you can concentrate on your business - we take care of your tax law representation before tax authorities and other relevant authorities. Thanks to our many years of experience, we know the people involved and the processes to be followed and can therefore represent your concerns efficiently and in a targeted manner.
Aviation companies may also be subject to a statutory consolidated financial statement or be audited voluntarily. Due to the specific activities, the industry also places increased requirements on the respective independent auditor. CENTURION specialised in auditing aviation companies years ago and developed its own audit programmes to enable risk-oriented and efficient auditing of consolidated financial statements in accordance with international standards.