NEWCO is an inward investment services provider specializing in the implementation of foreign investment in Portugal, including Madeira Island, and Malta.
NEWCO Analytics: A Revolutionary Platform for Business Intelligence and Tax Compliance
As of 2021, the annexes A to I of the IES (mandatory tax declaration for Portuguese companies) should be pre-filled through the SAF-T (PT) file. Given the growing relevance of this file, it is more important than ever to ensure that it contains correct and up-to-date information in order to avoid inconsistencies in its communication to the Portuguese Tax Authority (AT), which may result in high fines. (Click here to read more about the SAF-T and the IES pre-filling)
As part of its accounting and tax compliance services, NEWCO offers its clients online access to the NEWCO Analytics platform, which in addition to ensuring proper compliance with these accounting and tax obligations, also provides information that is extremely useful for managing your business.
What is NEWCO Analytics?
NEWCO Analytics is a Business Intelligence and Tax Compliance solution. It allows access, in a single platform, to all the information related to your company, whether of accounting and fiscal, financial, or commercial nature. All transactions are registered. Do you want to check the amount of an invoice, or perhaps ascertain the value of goods purchased in the last quarter? With NEWCO Analytics you can explore all the information about your company in an easy, attractive and graphical way, so that you can make the most appropriate management decisions.
This platform also allows the detection of errors in the accounting statements and in the SAF-T file, proceeding to their validation prior to communication to the AT. This way our clients are sure that their tax obligations are fulfilled in accordance with all legal requirements.
NEWCO Analytics also has the advantage of saving time and costs, by offering an intuitive interface, whether you are interacting with clients, communicating with auditors; or in due diligence processes, as it allows exploring not only all invoicing and accounting movements, but also the important financial and commercial indicators to evaluate a company's performance and commercial value.
This platform is part of our accounting services, and all our clients have free access to it.
Below you will find some examples of navigation in NEWCO Analytics:
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