Accounting

Our accounting includes the following services:

• Establishment and conduction of accounting incl. tax consulting
• Preparing of all necessary reports and tax returns
• Management Reporting according to International Standards
• Salary accounting and HR Documentation

 

In the sphere of accounting and taxes we have German- and English speaking accountants with solid corresponding experience - especially in terms of communication to tax authorities. In addition the appointed contact persons have experience in an international environment.

It should be noted, that Ukrainian accountancy demands much more efforts in comparison with West-European accountancy.

The responsibilities of the accountants are much wider compared with West-European accounting departments. The Ukrainian accounting department takes over - along with accounting - HR documentation, correspondence with statistics and tax authorities and banks.
In addition to 17 reports and declarations, which are to be submitted each quarter, the bureaucracy for banking transactions is because of extensive currency regulations extremely time-consuming.

Besides aforesaid it must be mentioned, that the statutory accountancy differs significantly from tax accounting. Following this a lot of accounting operations must be reflected at first in tax accounting and then in statutory accounting in another way (for example, prepayment).