Opening balance sheet
We prepare your company's opening balance sheet: the accounting snapshot at startup, with assets, liabilities and equity, backed by an accountant. From $65.
Requesting a quote doesn't commit you to anything
- You tell us about your case. It's free.
- We send you the price in writing, within 1 to 3 hours.
- You decide. If it works for you, we start. If not, you delete it with one click and pay nothing.
No one will pressure you. Your information is used only for your case.
Is it for you?
If any of these sounds like you, this procedure is for you.
- Companies being incorporated and entrepreneurs who need their first financial statement: for the Registro Mercantil and to start their accounting on a clear, professional base
What's included and what isn't
Everything clear from the start. No fine print.
Includes
- Structuring of the opening assets, liabilities and equity.
- Preparation of the opening balance sheet under VEN-NIF.
- Endorsement and signature of the licensed public accountant.
- A base ready to open the company's books.
Does not include
- The detailed inventory of the opening assets (complementary service: Opening inventory).
- Registering the incorporation at the Registro Mercantil (separate corporate procedure).
- Accounting for the following fiscal years (Monthly accounting).
- Legal advice.
What you need
Check off what you already have. You don't need everything to request your quote.
You have 0 of 5.
- Details of the company's incorporation or startup
- Capital and form of the contributions (cash or assets)
- Opening inventory, if there are in-kind contributions
- Initial liabilities, if any
- Your contact information to coordinate
How the process works
You do very little. We take care of the rest. The whole process: on average, 3 to 5 business days.
- Step 1
You give us your starting point
You send us the startup data and the contributions.
You do this - Step 2
We structure the equity
We organize the starting assets, liabilities and equity.
We do this - Step 3
We prepare it under VEN-NIF
We put together the balance sheet under the standard.
We do this - Result
Done
We hand it to you endorsed and signed, ready for the Registro Mercantil and your books.
You receive it
Once we have the opening data.
What it costs and how to pay
Clear from the start.
Our fee: we do all the work for you.
How you pay: You pay once, when we start. In dollars, in bolívares at the official BCV exchange rate, or with Cashea.
How is your investment calculated?
Your investment depends on how complex the startup is. What you pay us, professional fees from $65 to prepare and endorse the opening balance sheet. It goes up depending on how complex the contributions and the structure are
There's no government fee for the balance sheet itself; the Registro Mercantil's official fees for the incorporation are paid separately Your accountant gives you the exact figure before you pay anything, no strings attached.
FAQ
What happens if I show up at the Registro Mercantil without an opening balance sheet?
If the registry asks for it and you don't have it, they send the file back; and without it, the accounting starts with no base and drags the error all year.
What does the opening balance sheet show?
The assets, liabilities and equity the company starts with.
How much does it cost?
The professional fee, from $65, covers the preparation and the licensed accountant's signature; the visado (sign-off) from the Colegio de Contadores Públicos (the accountants' professional association), if the Registro Mercantil requires it, is quoted separately.
What is it for?
For the Registro Mercantil and to open the books on a clear base.
Is it the same as the opening inventory?
No: the inventory lists the assets; the balance sheet is the complete starting financial statement.
About this procedure
The opening balance sheet, also called the initial or incorporation balance sheet, is a company's first financial statement: the accounting snapshot of the exact point where it starts. It shows the assets it starts with, the liabilities it takes on from the beginning and its starting equity. It's the zero point of the accounting, and everything that comes after, every fiscal year, every close, every tax return, is built on that base.
When a company is incorporated, the Registro Mercantil (Commercial Registry) usually requires an opening balance sheet reflecting the capital the company is born with, especially when there are in-kind contributions. And for the business owner, having a well-prepared opening balance sheet isn't a formality: it means starting with your feet on the ground, knowing exactly what you have and what you owe from day one, instead of improvising the accounting months later.
We prepare your company's opening balance sheet: we structure the starting assets, liabilities and equity under VEN-NIF (Venezuelan financial reporting standards), and have it backed by a licensed public accountant, ready for the Registro Mercantil and to open your books. The price starts at $65 and goes up depending on complexity. An accountant reviews your case and gives you the exact figure before we start, no strings attached.
Legal framework and important notes
Código Orgánico Tributario (Organic Tax Code) · Código de Comercio (Commercial Code) · Constitución de la República Bolivariana de Venezuela (Constitution of Venezuela)
- The opening (or initial) balance sheet is the company's first financial statement, with the starting assets, liabilities and equity, prepared under VEN-NIF and endorsed by a public accountant
- The Registro Mercantil usually requires it at incorporation
- It's different from the opening inventory and from the corporate registration
We guarantee our service, not what the agency decides. If something depends on them, we tell you clearly and in time.
Is your case different?Ask us, message us on WhatsApp or book a free consultation. A real person answers you.