As an independent founding member of XLNC – a global alliance of international accounting, consulting and law firms – ABACO is able to deliver the best possible advice on a global scale.

Through XLNC we have access to experts around the world who are able to give advice on local regulations, compliance and go-to-market strategies.

XLNC’s broad international presence opens up a gateway to the global marketplace for both us and our clients. Through our XLNC membership we have access to high quality firms in nearly every major financial and commercial centre worldwide.

This remarkable facility applies whether you are looking for business opportunities beyond national boundaries, or need international support in addition to services in your home market. We are here to help and support your success wherever your business takes you.

For more information, visit XLNC website

Abaco. Global professional excellence

Abaco is an accounting firm founded in Modena (Italy) in 1946 and one of the first accounting firms in the area after the second world war.

In the 1980’s Enzo Gazzotti transformed it into a Limited Liability Partnership. The team includes 8 certified public accountants and we cover all the different aspects of accounting.

We take care of financial and tax compliance for Italian and foreign Clients who operate in Italy combining technical expertise with integrity, honesty and transparency.

By 2018 Abaco is a founding member of XLNC – a global alliance of international accounting, consulting and law firms.

A short presentation of our services

1.1. Statutory financial statement assistance (Italian Generally Accepted Accounting Principles – IT Gaap)

Our services include:
• Assisting with drawing up annual statutory financial statements, including the explanatory note, based on accounting statements provided by the client;
• Assisting with drawing ordinary Shareholders’ and Board of Directors meeting minutes, accepting shareholders’ proxies for meetings, calling ordinary and extra-ordinary shareholders’ meetings;
• Filing balance sheets and any further document as required by the Law to Chamber of Commerce;
• Offering continuative assistance concerning questions, about Italian accounting practices based on IT Gaap, submitted to our examination.

1.2. Ordinary tax assistance (compliance)

Our services include:
• Computing taxes to be accrued in the Balance Sheet for statutory purposes (IT Gaap);
• Completing corporate income tax (IRES), local tax (IRAP) and withholding tax returns;
• Filing corporate income tax via internet (IRES – so called Mod. Redditi), local tax (IRAP – so called Mod. IRAP) and withholding tax (so called Mod. 770) returns;
• Completing and filing via Internet of VAT yearly returns;
• Completing and filing via Internet on a monthly basis of the “Intra-Community Sales & Purchase list” (so called “Modelli Intrastat”);
• Completing and filing via Internet of the “declarations of intent received” (so called “comunicazioni delle dichiarazioni di intenti ricevute”);
• Completing and filing via Internet on a quarterly basis of invoices issued and received (so called “comunicazione fatture attive e passive”);
• Completing and filing via Internet on a quarterly basis of periodic VAT settlements (so called “comunicazione liquidazioni IVA”);
• Completing and filing via internet of withholding tax statements (so called “Certificazioni Uniche” – “CU”);
• Day-to-day tax advice, to be provided by phone, or via e-mail, regarding ordinary tax issues;
• Meetings (either at the Client’s offices or at our firm) to discuss and jointly tackle specific issues;
• Updating about the main legislative and tax news.
• Offering company secretarial services.
• Offering back office accounting and financial management services.

ABACO renders financial advisory services in the business turnaround, restructuring and bankruptcy practice areas which requires both special knowledge and extensive relevant experience.
We have a high degree of knowledge and proficiency across a spectrum of functions related to serving clients in situations involving distressed and/or insolvent entities. Such expertise includes accounting, operations, strategic, taxation and finance issues related to business bankruptcy and insolvency.
ABACO has a extensive track record assisting and offering consultancy to many companies all over Italy. We use our vast knowledge of the field to offer advice on many business areas.

• Financial due diligence for transaction planning
• Mergers and acquisition
• Joint venture
• Auditing
• Management buy-ins and buy-outs
• Exit planning
• Capital markets
• Valuations
• Corporate advice & growth strategy
• Business plans and modelling
• Profit improvement consultancy