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Own software R&D office:

Payroll & Accounting Services - Alcor

Support your R&D office in Ukraine with quick and transparent accounting & payroll!

 

You will get 100% compensation if you or your developers get a fine due to our mistake.

Our services include:

Payroll outsourcing and employee record maintenance

Bookkeeping and accounting administration

Tax planning and consultation

Document and workflow management

Statutory and management reporting

Tax record maintenance

Financial modeling

We offer

HR payroll services:
Preparation and allocation of statements/invoices/source documents
Monthly payroll and taxes calculation
Preparation and submitting of all tax and payroll returns to authorities
Final income tax calculation and reports preparation, and =>

Accounting and finance services as a combined solution:

  • Invoice production
  • Accounting services according to the National Accounting Standards
  • Tax planning and tax returns preparation
  • Financial and management reports according to your corporate policies

Audit services:

  • Audit and/or transformation of financial statements prepared in accordance with IFRS
  • Audit of financial statements prepared in accordance with the Ukrainian standards
  • Internal audit
  • Financial statements reviews
  • Advising on accounting and financial statements in accordance with the Ukrainian Accounting Standards

Financial services:

  • Financial modeling
  • Financial analysis

Why Alcor?

IT specialization

Alcor is an active member of the IT Ukraine Association - the biggest Tech association in Ukraine. This community gathers top tech companies in Ukraine and enables them to closely communicate with each other and government authorities. We not only know the pains of the IT industry, but also tackle them on a daily basis by helping IT product companies run their business in Ukraine.

English speaking professionals

Our certified accountants and auditors have a good command of English. Unlike other service providers, at Alcor we care about your successful communication with our team. Alcor’s accountants and finance managers are English-speaking professionals with audit experience and ACCA/DipIFR certificates.

Legal compliance

The Alcor team consists of specialists who save you both time and money. Our lawyers are involved in many aspects of accounting processes, so your business receives a seamless experience and complies fully with the Ukrainian legislation and requirements.

A-la carte services

The all-in-one place to support your other operations of a development office in Ukraine, including recruitment, real estate, HR payroll, legal and accounting services - to make you feel more comfortable while running IT business in Ukraine.

What our clients say:

“Alcor handles all of our accounting work and the legal side of our reports and documentation. We are satisfied with the team’s performance because they communicate regularly, meet deadlines, and support their answers with substantive information. The teams are in touch daily.”

 

Executive Manager at Sitecore

Working with Alcor for more than 6 years already, I would like to note high professionalism of the company, quick response to performance of the assigned tasks, as well as the possibility to talk with an Alcor employee “in the same language”

 

Sergiy Shumygora CEO, WARGAMING

We hope to focus on building our products and not be concerned about legal problems, on-time payments, or tax liabilities. The real value of working with Alcor is never having to worry about those problems in all the years we’ve worked together, says Boris Glants

 

Boris Glantz CTO at Tonic Health

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How it works:

WE

take care of payroll and accounting for your development team and office, including:

Tax compliance advisory and consultation

HR administration

Established communication with tax authorities

Clarifications of recent updates in Ukrainian legislation

Financial reporting

Financial modeling and analysis

Checks of financial statements and accounting records

100% guaranteed! If you or your programmers get a fine due to our mistake, we will compensate you fully!
YOU

keep full control over your bank account and cash flow

work with subcontractors/customers independently

Result:
fully transparent and fast accounting & payroll

can be also leveraged as a part of our bigger solution “Your own Development Office”

FAQ

Are there any HR payroll services for a development team in Ukraine?

Alcor specializes in providing BPO services that include accounting and payroll outsourcing for tech companies in Ukraine. We take care of your HR payroll, employee record maintenance, tax planning, tax record maintenance etc., while you stay focused on your product!

How much taxes should I pay for a software engineer in Ukraine?

Software engineers in Ukraine pay 5% of taxes monthly due to a special employment model introduced by the Ukrainian government for the tech industry.

How can a US-based company employ developers in Ukraine?

A tech company from Europe or the USA can employ developers in Ukraine as independent contractors (direct contracts with engineers) and staff members (through your legal entity in Ukraine). The Ukrainian tech industry uses the independent contractor model that is more popular because of government tax incentives. At Alcor, we help you make use of all the benefits of this model and secure your presence in Ukraine, and you just stay focused on your product.

Lets talk!

Contact us to see how we can help

We respect your privacy and will never share your data with any third party.

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