Can LTD conduct one-sided bookkeeping?

Can LTD conduct one-sided bookkeeping?  

Question:

Hello, I want to ask about the registration of a non-registered company. It is about EOOD what is the difference with a registered company, except that it does not submit every month VAT returns should again with a revenue and expenditure book to end each month without giving anything in the NRA. The end of the year is taxed with corporate tax, is there any special feature? Thank you in advance for the answers

Answer:

Hello,
From your question, I understand that you intend to report the revenues and expenses of EOOD with a revenue and expenditure book and a book on inventories.I have to remind you that this way of keeping accounts (one-sided bookkeeping) is permissible under the ET accounting law.In the case of legal entities / OOD, EOOD, BD / the application of a bilateral form of accounting by the method of double entry in the accounts is obligatory, as well as the compilation of a FFI with all annexes to it according to the accounting standards / NMS and IFRS /.Based on this principle position, the difference between VAT registered and non-registered under VATA
EOOD, it is true that the registered by VATDA Ltd monthly draws for the purchases, sales logs and monthly statement - a declaration according to the forms and requirements approved by the VAT Act, and breaks down with the budget for VAT charged and paid on the received and issued invoices. Revenue and expense reporting is done in the same way, but in the registered revenue and expenditure company the invoices recognize the amounts excluding VAT, whereas for the non-registered company the entire amount on the invoice.

Greetings