Our services in Ukraine

Why consider accounting outsourcing in Ukraine

Outsourcing accounting tasks in Ukraine is a growing trend among both international businesses and local companies. The reasons are clear: it helps manage costs, streamlines operations, and allows you to focus on your core business. Whether you are a small startup, a growing tech firm, or a large foreign representative office, delegating financial tasks to experts can bring structure, reliability, and peace of mind.

Ukraine has a well-developed market of professional service providers who are experienced with local and international standards. Ukrainian accountants are familiar with local regulations, International Financial Reporting Standards (IFRS), and global management expectations. This makes Ukraine an attractive location for accounting outsourcing.

What does outsourced accounting typically include

An outsourced accounting provider in Ukraine can cover a wide range of services, customized to fit your business needs. You can choose a full service, or select only specific tasks. Common options are:

• Bookkeeping and preparation of all primary financial documents
• Payroll calculation and HR administration
• Preparation and submission of tax returns and statistical reports
• Financial statements in accordance with local standards and IFRS
• Management reports tailored for head office or investors abroad
• Bank transaction coordination and cash flow tracking
• Restoration of financial and tax records if needed
• Ongoing tax and legal consulting
• Support during audits and communication with tax authorities

Some providers also offer virtual office functions, process automation, and legal addresses for foreign clients.

Main advantages for your business

Save costs and resources

Outsourcing eliminates the need to hire, train, and maintain a full in-house finance department. You pay only for services you actually use, with transparent and flexible pricing models—monthly fees or per-hour billing. As many Ukrainian providers are not VAT payers, you may also avoid 20% VAT on their fees, resulting in direct savings.

Access specialized expertise

With outsourcing, you benefit from a team of seasoned professionals familiar with Ukrainian regulations and international reporting requirements. This reduces the risks of tax errors, missed deadlines, and compliance violations.

Many firms offer multi-language support, including English, ensuring easy communication for foreign clients.

Focus on what matters

When accounting operations are off your desk, you can devote more time to strategic tasks: business development, client relations, or operational improvements. Keeping up with changing legislation, tax rules, and payroll can take significant time—outsourcing relieves you from that burden.

Flexibility and continuity

Outsourcing is adaptable. Whether you need seasonal help (e.g., annual tax closing), interim support due to employee leaves, or ongoing bookkeeping, providers can scale services up or down as needed.

Continuous support is another benefit. Your records are managed regardless of staff turnover, vacations, or illness in your company.

Improved internal controls and automation

Many Ukrainian firms invest in automation and internal controls. For example, they implement a “four eyes” principle—every account and report is double-checked. They also use up-to-date ERP systems (like SAP or 1C), ensuring accuracy and audit readiness.

How to determine if you need outsourced accounting

Ask yourself these questions:

• Do you have multiple monthly transactions and employees?
• Are you struggling to keep up with tax deadlines or payroll calculations?
• Are you planning to import/export, or is your business in a regulated sector (e.g., medical, construction, finance)?
• Do you need to meet both Ukrainian and international reporting standards?
• Is hiring a qualified accountant locally not practical or too expensive?

If the answer is yes to any, outsourcing could be the best solution.

The onboarding process: what to expect

Working with an accounting firm in Ukraine generally starts with a consultation. During this phase, the team will assess your current processes, tax system, and documentation. They may recommend a start with an audit, especially if you already have records but are unsure about their quality.

Once the scope is defined, services are contracted with clear conditions—scope, deadlines, data security measures, and pricing.

Many firms offer digital document flows, secure archiving, and online access to accounting systems. You provide documents, the provider handles postings, tax filings, payroll, and all reporting.

Confidentiality and compliance

Reputable Ukrainian accounting providers take data security seriously. Most comply with GDPR and use modern IT systems with restricted access. Occupational risks are often insured and service quality standards are maintained through regular staff training and professional certifications such as ACCA or CPA.

Typical clients and industries

Outsourced accounting is popular with:

• Small and medium-sized enterprises (SMEs)
• Foreign representative offices and subsidiaries
• Private entrepreneurs (FOP/FLP)
• Startups and IT companies scaling up
• Firms in regulated sectors (medicine, finance, construction)
• Businesses with cross-border operations and reporting obligations

Why choose Legarithm

At Legarithm, we combine deep local knowledge with international business standards. Our team consists of experienced accountants and advisors who understand both Ukrainian specifics and global demands. We offer:

• Bilingual and clear communication
• Up-to-date expertise in local tax and labor regulations
• Support with additional legal and migration procedures if needed
• Transparent, fixed, and fair pricing with no hidden fees
• A real partnership—your success is our growth

Let us handle your accounting, so you can focus on growing your business in Ukraine and beyond.

Frequently asked questions about accounting outsourcing in Ukraine

What is accounting outsourcing and how does it work in Ukraine?

Accounting outsourcing means hiring an external company to handle your bookkeeping, taxes, and reporting. In Ukraine, this service is often used by small businesses, start-ups, and foreign companies that want professional support without hiring full-time staff. The provider manages your accounts, prepares reports, handles payroll, and ensures compliance with Ukrainian laws.

What services are included in accounting outsourcing for small businesses in Ukraine?

Typical services include bookkeeping, tax calculations and filings, payroll processing, HR documentation, financial reporting, and regular management reports. Providers also offer tax consulting, audit preparation, software integration, and sometimes virtual office solutions.

Who usually outsources accounting services in Ukraine?

Outsourcing is popular among SMEs, IT and tech firms, exporters, start-ups, and international businesses opening a presence in Ukraine. Companies that do not need an in-house accountant, lack local expertise, or want to focus on core operations also turn to outsourcing.

How much does accounting outsourcing service cost in Ukraine?

Costs depend on your business size and needs. Packages for small businesses start from around $160 per month. Full-scale solutions for larger or more complex operations range from $460 to $1,270 per month. Project-based or ad hoc support is also available for startups or one-off needs.

How do Ukrainian outsourced accounting firms handle security and data protection?

Top providers comply with GDPR and local data laws. They use secure servers, restrict access, and regularly back up data. Confidential information is protected by internal protocols and contracts. Clients get encrypted access to their documents and reports online.

Is accounting outsourcing in Ukraine suitable for international companies?

Yes. Many Ukrainian firms offer bilingual or English-language service. They are experienced in international standards like IFRS and GAAP and can help foreign-owned businesses meet both local and global requirements. They also assist with cross-border reporting and group consolidation.

How quickly can my business start using outsourced accounting services in Ukraine?

The process is fast. After an initial assessment and contract, onboarding and integration typically take one to two weeks. Providers assign a manager, connect needed systems, and start delivering services according to your deadlines.

What are the main benefits of accounting outsourcing for businesses in Ukraine?

Key advantages are lower costs than hiring in-house, access to professional expertise, reduced risk of mistakes and fines, flexible service levels, and freeing up your resources for business growth. Outsourcing also keeps you up to date with changing Ukrainian regulations.

What documents and information are needed to start accounting outsourcing?

You usually need to provide registration documents, banking details, previous financial records (if any), tax IDs, and current payroll or staff lists. Your provider will explain exactly what is required at the setup meeting.

Can accounting outsourcing include tax optimization and business consulting?

Yes. Most firms offer tax optimization, risk management, process improvement, and legal support as part of extended or custom packages. They can also advise on company formation, restructuring, and compliance queries.

Key Benefits of Accounting Outsourcing in Ukraine

Common Accounting Outsourcing Services for Businesses in Ukraine

Typical Clients Using Accounting Outsourcing in Ukraine

Pricing Models for Outsourced Accounting Services in Ukraine

Technologies and Software Used in Ukrainian Accounting Outsourcing

Reasons Businesses in Ukraine Choose to Outsource Accounting

Main Steps in Accounting Outsourcing Setup in Ukraine

Approximate Cost Savings When Outsourcing Accounting in Ukraine

Actual costs depend on company size, transaction volume, and specific requirements.

Outsourcing Providers’ Key Service Quality Metrics

Legal and Regulatory Reporting Deadlines in Ukraine

Top 5 Outsourcing Accounting Firms in Ukraine (Sample 2025 Data)

Examples of Outsourced Accounting Services Packages (Indicative)

Main Technologies for Remote Bookkeeping in Ukraine

Risks Mitigated by Accounting Outsourcing

Indicators You May Need Outsourced Accounting

Accounting Outsourcing and Data Security in Ukraine

Outsourced Accounting: Example Monthly Workflow

Typical Questions to Ask before Outsourcing Accounting

Outsourcing vs. In-House Accounting: Quick Comparison