Ukrainian Accounting

Advantages of Outsourcing the Ukrainian Accounting

UKRAINE CONSULTING offers you the possibility of outsourcing your entire accounting in Ukraine. Especially for smaller and medium-sized enterprises, such outsourcing will lead to higher cost efficiency and will enable you to focus on your core business in Ukraine. The outsourcing of  Ukrainian accounting includes the daily bookings and the preparation of documents and reports for the Ukrainian tax- and other authorities.

High complexity of Ukrainian accountancy

Ukrainian accounting and reporting is highly formalistic and bureaucratic. Besides, tax regulations are much more relevant in Ukrainian practice than in Western accountancy.  Combined with the obligation to file complete reports quarterly, the effort, which needs to be put into accounting,  in Ukraine is much higher than in Western countries.

Our services concerning Ukrainian accounting and tax-reporting:

• Conducting all daily bookings,
• Accounting of fixed assets,
• Salary accounting,
• Quarterly reports to Ukrainian tax authorities, which include the preparation of all relevant closings,
• Reports to social funds,
• Calculation and reporting of all types of taxes,
• Preparation of all documents for monetary transactions,
• Filing of bank reports, e.g. for currency control,
• Consulting on daily accounting and taxation matters,
• Preparation of all HR documents demanded by Ukrainian law.

For more detailed information, please read our brochure "Accounting and Taxation in Ukraine".