Telecommunications and IT

The sphere of information technologies is one of the most dynamic global industries, and Ukraine confidently holds leadership positions not only in Europe but in the world as well. Today in Ukraine employs more than one hundred thousand IT specialists and it is planned that by 2021 this figure will double. Export of software brings more than 3 billion dollars annually, and the main partners are the USA, the EU countries and Israel. In addition, the rapidly developing R&D activities. More and more international companies are opening their R&D centers. International IT and R&D companies in Ukraine are our key clients. PETTERSON & BENNETT – is a company with 100% American capital, so we, like no other, understand the needs of the IT sector and its specifics. In order to be more accessible, we are not VAT payers, it gives the opportunity to the majority of it and R&D companies in Ukraine to save 20% on our services.

About the specifics of work with PETTERSON & BENNETT

Our aim is to help small and medium-sized international business in Ukraine to develop successfully. Accountants, tax advisors, lawyers - all these professionals work in a modern team of the company, which is trusted not only by private entrepreneurs, but also by large enterprises.

Due to optimization of administrative expenses and optimal tax scheme, PETTERSON & BENNETT has the ability to provide accounting services, legal support at affordable prices. At the same time clients are offered high quality of service and guarantee of positive result at different levels of task complexity. For the specialists of our consulting organization is not difficult as an institution and state registration of IT-enterprise, and consulting on tax issues in IT-sphere. Here you can order any back-office service and get its performance at the highest level.

Company's range of services PETTERSON & BENNETT

The list of accounting services of PETTERSON & BENNETT includes full service of international companies with accounting in their Ukrainian representative offices in accordance with national and international financial reporting standards (IFRS). In order for parent companies to have a better picture of the financial condition of its subsidiary, we provide services to transform the reporting on national to international standards. We have experience in various ERP systems, such as QuickBooks, SAP, XERO and 1С.

We also provide payroll and documentation services. Separately, for companies in the field of information technology we carry out full management of individuals (self-employed person) accounting.

Management reporting in IT companies and R&D centers may include the preparation of a transaction log and financial statements in the format established by the parent company, an expense report with the decoding of individual articles on cost centers, budgeting, etc.

The internal control service includes a range of measures that will help to identify violations of internal rules, policies and procedures of the company, as well as warn the risk of fraud or simple human errors. Legal, financial and tax due diligence will help to verify the authenticity of the data provided in the reporting and also to check the compliance of contracts, licenses and other documentation with the requirements of current legislation.

Our specialists assist in the reception of representatives of fiscal services during the field inspections. Professionals of PETTERSON & BENNETT minimize the likelihood of exceeding the powers of inspectors and help to solve the problem of deviation from the requirements of instances. The result is the minimum amount of accruals specified in the enterprise inspection act.

Cooperation with the company PETTERSON & BENNETT provides our clients with confidence in keeping the order of bookkeeping, timeliness of reporting and eliminates errors due to lack of information about current changes in the tax code of Ukraine.

Why you should choose PETTERSON&BENNETT

The ranks of our customers are constantly growing and replenished by serious organizations that do not trust the outsourcing of their financial functions and accounting of the first company. Consumers of accounting services choose exactly PETTERSON & BENNETT because of:

• our range of services includes both financial analysis of IT-company, and registration of a branch or representative office of IT-company in Ukraine. Outsourcing services, out staffing, accounting, tax and legal consulting and other services included in the range of activities of the company;

• PETTERSON & BENNETT non-payers of VAT – that is why, accounting services of international IT-companies, their branches and representative offices in Ukraine may cost 20% cheaper in comparison with competitors;

• we are able to take into account all needs of the client and be flexible in order to achieve our goals. IT-enterprise accounting service or internal audit in IT-company –for us there are no difficulties and difficulties in solving problems. Our productivity can compete with large international accounting firms;

• in our company it is possible to order consultations on accounting matters of IT-companies or support of tax audits and internal audit in IT-sphere - we do our best to get absolute result and success;

• preparation of reporting for IT-enterprise does not require the restoration of accounting of IT-company in case of incompetence or dismissal of one of the employees;

• for any of our services, whether it is the management of the IT company's records or the planning and preparation of budgets for IT-sphere, fixed price is set. You will not be waiting for an unpleasant surprise when you receive the invoice-you will know in advance the cost of our work;

• we provide free consultations and effectively coordinate the actions of our clients;

• our work is characterized by increased confidentiality and autonomy;

• unlike many Ukrainian accounting companies, our employees communicate in english, so you will not have problems with communications and responsiveness to any inquiries.