The importance of tax closure in legal entities

According to the law, it is essential to establish the amount of profit that will be obtained year after year, derived from the flow of money that a subject or person may have. That said, there are a series of legal tools, such as minutes of assembly and tax compensation, this is used so that people can withdraw dividends or tax refunds.

To carry out these processes, three things are required:
1. Be up to date with your taxes.
2. Determine the capital with which you started your business.
3. Get the tax-free profit.

This is called tax and financial planning.