Please be reminded that pursuant to Article 23 of the Law on Accounting “Official Gazette of Republic of Macedonia” no. 95/12…193/17, sole trader- accountant, sole trader –certified accountant and the accounting company are obliged to submit to the Institute of Accountants and Chartered Accountants no later than 31 January 2018 the following documents:
- List of persons employed as accountants and certified accountants with a registration number under which they are registered in the appropriate register at the Institute
- Evidence for annual insurance against damage during professional activity in the amount stipulated in Article 21 paragraph (2) item 5 of the Law.
Pursuant to Article 45 of the Law, failure to submit a list of persons and evidence of annual insurance against damage shall result in a fine of EUR 4,000 in Denar equivalent for the sole trader- accountant, sole trader –certified accountant and the accounting company, as well as a fine in the amount of 30% of the fine imposed to the responsible person.