Accounting services for foreign companies and their representative office in Ukraine

Accounting services of foreign companies are a set of measures (from consultations to control over accounting reports to the relevant authorities) aimed at the lawful functioning of international companies, branches and representations in Ukraine. One of the main goals of the company PETTERSON & BENNETT is the service of representative offices of foreign companies in Ukraine. Since most of them are not VAT payers, in order to save those 20% of the costs, we also have not registered payers of this tax. Our consulting company with qualified specialists and extensive experience of working with foreign companies and set up accounting in such a way that it complies with both the requirements of the Ukrainian legislation and the parent company. We are one of only few companies in Ukraine who works with QuickBooks (Online and Desktope version) and Xero. This gives us deeper understending of foreign companies needs. 

Peculiarities of accounting services of foreign companies, their branches and representative offices in Ukraine

Accounting for representative offices is a rather complex area that requires special knowledge not only of financial accounting according to national standards, but also a deep knowledge of International Financial Reporting Standards (IFRS), potential requirements of the parent company, as well as the tax legislation, which, especially in relation to foreign missions, is constantly changing. It depends not only on the normal functioning of the company. Violations in the accounts of foreign companies, branches and representative offices carries an administrative penalty, and in some cases criminal liability.

By ordering accounting services from us, you provide yourself with such complexes of measures adopted:

• consultations in any field of accounting;

• verification of the maintenance of primary documentation;

• do accounting in Quickbooks , Xero or 1C;

• implementation of possible changes in accounting standards;

• preparation of qualitative reports to the relevant bodies as well as preparation of the management reports of any form and complexity in the shortest lines;

• delivery of all reports to the fiscal services.

The cost depends on the system of taxation, as well as the size of the company and its circulation. However, the company PETTERSON & BENNETT fixed price for this service, which will relieve you of unpleasant surprises at the end of the provision of accounting services.

Advantages of ordering accounting support of international companies, their branches and representative offices in Ukraine from PETTERSON & BENNETT

For many years now PETTERSON & BENNETT provides its services of accounting support for foreign companies, branches and representative offices on the territory of Ukraine. We have our own extensive database of loyal customers. This is due to many factors:

• the presence of only highly qualified specialists in this field;

• the ability to act quickly through the experience gained;

• regular monitoring of international standards and changes in the legislation of Ukraine;

• possibility of processing of documents in several languages (taking into account foreign language);

• compliance with the complete confidentiality of the received data;

• experience in working with QuickBooks, Xero and other ERPs.

For any additional questions you can always contact us by means of the existing telephone numbers indicated on the site. Call us right now and let in your accounting will always be order.