Accounting and payroll services in Ukraine
When doing business in Ukraine, it is important to consider not only legal aspects of commercial activities but also ones related to accounting and audits.
Our firm provides a wide range of accounting and payroll services including tax consulting to local and foreign, even international companies, including their representative offices in Kyiv.
Our company offers not only the registration of any type of business in Ukraine, but also its further support.
The cost of legal and accounting services for business in Ukraine
The cost of a complex of legal services and accounting outsourcing will be calculated for each client personally. The fact is that each business may require a different amount of attention from both a lawyer and an accountant. The cost of maintenance depends on the number of transactions and the staff hired.
The standard service package contains:
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Accountant services - reporting to the tax authorities, accounting;
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Maintaining personnel records - payment of salaries, documentation;
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Payroll outsourcing - maintenance of company accounts, control of incoming and outgoing funds;
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Legal advice - an opportunity to contact the company's lawyer for solving problems that arise before business in Ukraine.
A standard package of services for an accountant and a lawyer for business in Ukraine - from 1500 USD/month.
Maintenance of a “sleeping” company - that is, a company in Ukraine, which is not operated, but it is required to submit reports - from 300 USD / month, depending on the paid period (900 USD for 3 months).
For example, the second type of support we provide to our clients who obtained a residence permit in Ukraine through the company registration.
Working with us, the client also gets the opportunity to use the services of a migration lawyer, conduct financial business planning, and receive advice in various areas of law. Only the best lawyers and accountants for your business.
- Tax return preparation and filing (monthly, quarterly and end of year);
- Accounting and bookkeeping services;
- Payroll;
- VAT related accounting;
- Preparation and filing of “blank” tax reports (when your business is not conducting any commercial activities);
- Budgeting;
- Tax planning;
- Audit;
- Financial due diligence;
- Provision of advices on different financial matters.
Our firm can provide accounting and other related services either on regular basis as the primary provider of accounting services in Ukraine or help to solve only certain problems of higher complexity that an in-house accountant of our client cannot cope with.
The majority of our clients are foreign and international corporations that are doing business in Ukraine either through their daughter companies (limited liability companies, joint-stock companies, other legal entities) or representative (branch) offices in Ukraine. We work with both small and big companies as advisors and providers of legal protection.
Our advantages
- Our accountants have significant level of expertise in the field as well as experience of work with foreign corporations and their subsidiaries in Ukraine;
- When outsourcing your accounting to our firm, you avoid expenditures on in-house accountant for your business;
- Our accountants keep up with all the latest changes of financial, tax, corporate, employment legislation which allows them to provide services that do not leave a chance for tax bodies and other controlling authorities to impose fine or influence your business activities in a negative manner;
- Being a law firm allows us to provide complex legal and accounting services which ensure security of our clients’ businesses.
Accounting services in Ukraine
The Tax Code of Ukraine provides that among other things Ukrainian tax legislation is based on the principle of stability which means that no elements of taxes and duties can be amended sooner than six months prior to the beginning of the new budget period. Despite this fact Ukrainian legislation is rather unstable and may undergo many changes through the year. Therefore, a business has to constantly monitor changes of the laws of Ukraine for the purposes of tax compliance. The best solution for small or big businesses is to find a trustworthy local advisor. This way you will have a constant provider of information which is required to work in Ukraine without any problems.
Our accountants can simplify doing business in Ukraine for your company by informing you of all regulatory changes, processing your invoices and other documents that are relevant for the purposes of accounting, preparing and filing tax returns, dealing with tax authorities that include the State Fiscal Service of Ukraine, tax inspections, etc.
A reliable accountant in Ukraine is also important because Ukrainian laws set financial, administrative and even criminal liability for failure to comply with tax and accounting requirements and therefore can result in fines and imprisonment.
Learn more about our accounting and bookkeeping services and contact our firm in Ukraine.
