TORRES CPA GROUP
20-02 SUM Entity Set-Up issues QUESTIONNAIRE
Company Name
Entity TCG #
TAX ISSUES
Is any shareholder a disregarded entity, a partnership, a trust, an S corporation, or an estate?
Yes
No
Does any US Entity or US Persons own directly or indirectly, an interest of 50% or more of the PR entity?
Yes, Done
No, N/A
Guilti Issue
Yes, Explain below
No
Other
Explain Entity and Trasaction Type
Does the PR entity has related party transaction with a over 50% ownership
Yes
No
Transfer pricing USA issue
Yes, Explain below
No
Transfer Pricing Issues
Estimated Number of Transactions Per Month
less 25
50
75
100
200
400
Billing Required
Yes, done by client
No
Trading-Inventory Issue
Yes
No
PAYROLL
PR # Employees and Annual Payroll
Owners Name & Salary
Owners Name & Salary
Owners Name & Salary
Owners Name & Salary
Owners Name & Salary
Owners Name & Salary
Payroll: estimated payroll start date
-
Month
-
Day
Year
Date
First payroll period and desired pay date
Weekly
Biweekly
Bimonthly
Monthly
Informative PR Independent contractors
Yes/ Independent Status
No, N/A
US # Employees and Annual Payroll
Independent contractors In USA
Yes/ Independent Status
No, N/A
Reembursable Cost as Advertising
Informatives Compliance Name, Address & SS
CifrasPR
Client
Not Done
To Work
SET UP
Number of Bank Accounts
1
2
3
4
5
6
Banks Use
Do you have bank accounts of the PR entity in USA?
Yes, Explain below
No
Complete W-8BEN ES
Use Business Credit cards?
Yes
No
Commingling
Sync Process
Number of Credit Cards Accounts
1
2
3
4
5
6
Do you have Personal Back or Credit Acct in USA
Yes
NO
Change of address PR
Do you have an internal: Accountant/Bookkeeper/Controller?
Yes
No
Person Name and Contact Informations
Do you have Quickbooks Online issues?
Yes
No
Do you have used Bill.com issues?
Yes
No
Actions Scope of Services
Will provide a Merchant Certificate?
Goods Standing
CifrasPR to work
Other
Will provide a EIN ?
Goods Standing
CifrasPR to work
Other
Will provide SURI ?
Goods Standing
CifrasPR to work
Other
Do you need regular New Business Set up?
Yes
No
Validations Compliance
Prior commencement Accounting Required
No
Yes, need assistance
Do not need assistance
What are your biggest concerns and issues?
Cifras Start Billing
-
Month
-
Day
Year
Date
Set Up Billing
-
Month
-
Day
Year
Date
Next Implementation Meeting
-
Month
-
Day
Year
Date
Comments
Submit
Should be Empty: