Contact Us

We will provide you with statistical data regarding the number of developers in Ukraine and their average salaries. The discussion will proceed with the expected hiring deadlines and our recommendations on managing payroll, equipment procurement, and compliance matters.

We respect your privacy and will never share your data with any third party or spam you

Real Estate
Recruitment services
Legal & Compliance

scroll down

Own software R&D office:

Payroll & Accounting Services - Alcor

Support your R&D office in Ukraine with outsourced legalaccounting and administrative services!

 

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

Our outsourcing accounting services include:

Payroll outsourcing and employee record maintenance

Bookkeeping and tax services

Tax planning and consultation

Document and workflow management

Statutory and management reporting

Tax record maintenance

Financial modeling

Accounting services for outsourced development in Ukraine

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 =>

Financial services & accounting administration as a combined solution:

  • Invoice production
  • Outsourced 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

Finance services:

  • Financial modeling
  • Financial analysis

Why choose Alcor as an outsourced accounting company?

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. Specialising in outsourced accounting, 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 outsourced recruiting services, financial services and accounting, real estate, HR services, legal support - to make you feel more comfortable while running an IT business in Ukraine.

What our clients say:

“Alcor handles all of our accounting work (transactions, accounts) 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”

 

Boris Glantz CTO at Tonic Health

Сalculate how much it costs to have an engineering team in Ukraine!

Go to R&D calculatoR

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 the Ukrainian law

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 proposal “Your own Development Office”

Case studies we are proud of

Outsourced accounting services for Sitecore
https://alcor-bpo.com/wp-content/uploads/2019/08/sitecore-new.png
Case:
The need for remaining fully compliant in Ukraine brought a product tech company Sitecore to Alcor. Our team took care of accounting for their R&D team and optimized payroll processes, so that...
View case
https://alcor-bpo.com/wp-content/uploads/2017/08/Tonic-Health-employees.jpeg
Full support for BigCommerce in Kyiv
https://alcor-bpo.com/wp-content/uploads/2019/06/BigCommerce-logo-dark-1-e1560179579192.png
Case:
BigCommerce decided to leave their IT outsourcing provider to keep product development in-house. They decided to open an offshore development center with their own team of engineers in Ukraine. Our cooperation started from office searches and hiring skilled software developers...
View case
https://alcor-bpo.com/wp-content/uploads/2019/07/bigcommerce_office_1-e1560416688774.png
Recruitment and accounting for People.ai
https://alcor-bpo.com/wp-content/uploads/2019/07/people2.png
Case:
People.ai develops the AI platform for sales teams, which requires rare engineering skills. The startup decided to hire IT talents with a special technology stack in Ukraine and started to work with several providers at once that resulted in...
View case
https://alcor-bpo.com/wp-content/uploads/2017/08/people_01.jpeg

FAQ:

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

Alcor specializes in providing business process outsourcing 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. Use outsourced accounting services to properly build a team of engineers in Ukraine and enjoy tax incentives.

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. As a BPO company, 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.

Is it possible to outsource accounting services for a remote development team?

Sure! Find a trustworthy vendor with the experience of working with foreign tech enterpises from the United States or Europe. At Alcor, we play the role of your CFO and business partner in Ukraine, taking care of your distant engineering team. From hiring IT specialists, finding a great office to employer of record services and legal support – we're here to build an R&D office for you!

Lets talk!

Contact us to see how we can help

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

We respect your privacy and will never share your data with any third party or spam you

Featured
& reviewed

People also acquire:

Your own
R&D office

Legal &
Compliance

Recruitment
services

Real Estate

Additional
services

Stay Focused On Your Product — We’ll Take Care Of Everything Else