The months after registration set the order a company will carry for years. Here is what to address right after incorporation.
Once a company is registered, most of the work can seem done. In practice, the structure put in place for tax, social security and accounting in the first months determines the workload and risk of the years that follow.
1. Build the chart of accounts around the business model
A standard chart of accounts looks sufficient at first, but separating revenue lines, cost centres and shareholder accounts from the start is what makes management reports meaningful later.
2. Put the document flow in writing
Agreeing who sends invoices, contracts and bank statements, when, and through which channel largely removes the missing-document problem at period end.
3. Check your e-transformation obligations
Depending on the line of business and turnover, e-Invoice, e-Archive and e-Ledger can become mandatory. Tracking these thresholds in advance avoids the disruption of last-minute transitions.
The goal of the first year is not only to file on time, but for the company to be able to read its own numbers.
4. Review incentives and exemptions
Some incentives are only available if you apply within a certain window. We recommend reviewing these options at the first meeting after incorporation.
