Payroll Accounting

Appraisal of Ukrainian payroll accounting

Payroll accounting in Ukraine is an integral part of the accounting and tax system. It includes the generation of various extensive documents about the personnel administration such as monthly overviews of the working hours and diverse internal adjustments (so-called "prikaz").

Payroll accounting in Ukraine – complexity and opacity

Even in standard cases the complexity of the Ukrainian payroll accounting astonishes most Western investors. For example, when taking a vacation, an employee does not receive his regular salary but the average salary of the previous 12 months. While the regular salary is reduced by unaccomplished working days, the salary during vacation is based on calendar days, which leads to even more complexity and non-transparent calculations in the Ukrainian payroll accounting.

Our services for payroll accounting in Ukraine

Calculations of payments
Preparation of payment orders for payroll taxes
Calculation and declaration of withhold of personal Income Tax
Calculation and declaration of contribution to social funds
 

Please review our accounting services for further information.

Office in Kiev

Our office is situated in Kiev. If you have questions concerning financial / tax due diligence in Ukraine, please do not hesitate to contact us. Our phone number in Kiev: +38 044 490 55 28. You can also contact us via email: info@ukraine-consulting.eu.This e-mail address is being protected from spam bots, you need JavaScript enabled to view it This e-mail address is being protected from spam bots, you need JavaScript enabled to view it.

You are already in Ukraine or planning a business trip to Kiev? We would be glad to welcome you in our office and discuss our services with you face to face.