RETENTION ADMINISTRATIVE DOCUMENTS

From a legal point of view you are required documents and other data carriers that may be relevant (for the tax authorities) for a period of seven years. This concerns the primary administration, such as the general ledger and the recording of accounts receivable, accounts payable, purchasing, sales, inventory and payroll.

However, in some cases there may be exceptions. For example, in commercial real estate transactions where the administrative documents must be retained for at least nine years. In the following infographic, you can see what and how long you should keep your administrative documents. 

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