IT Law is a key area of concern for us in which the firm rapidly accumulates expertise as a result of being constantly involved in providing legal advice on local and international IT projects. J&L Consulting provides complex legal, accounting and tax advisory services for IT projects, and in addition to the legal aspects of IT start-up and implementation processes, the focus is on intellectual property in general, including copyright of software.
To start and successfully run an IT business in Ukraine foreigners should take into account several legal aspects of the outsourcing of IT services. Our high-end legal and accounting solutions as well as tax strategies will ensure a stable and reliable flow of money to and from your Ukrainian software development hub.
Accumulating our experience with IT companies we can state that a successful IT start-up in Ukraine requires professional expertise both in legal and accounting areas.
Legal consulting on entry to Ukrainian market
Support in conducting IT services and concluding user agreements
Control of quality of IT services provided in legal sector
Follow-up of inspections by controlling bodies
Judicial practice, protection of interests in judicial disputes
Legal support of freelancers
Which legal structure for residents and non-residents to choose – it can e.g. be registration of a Limited Liability Company (LLC) with hired employees or choosing type of activity via contracting work to individual entrepreneurs (so-called FOP or PE). Choosing the last strategy, you do not need to incorporate your own company or register a representative office in Ukraine but need to be sure that your service provider (FOP) has a bank business account and has chosen an appropriate taxation form.
Which type of economic activity to choose according to Classifier of Economic Activities (KVED).
Which tax system should be chosen for your IT activity – general or simplified system – which depends on the amount of planned income
Opening the bank account and authorized capital payment
Employment of a foreigner as a director
Office rent to conduct your IT outsourcing project and in case with establishing of a LLC to get a legal address for registration
Ukraine is among 5 best offshore development countries in the world when it comes to IT outsourcing and Ukraine tax laws do allow some special tax rates for software developments according to certain criteria and requirements. So make sure to engage yourself with a qualified company providing both legal and accounting services in Ukraine to get your IT business established correctly from day 1.
J&L Consulting can provide you with Payroll & bookkeeping outsourcing services, legal relations of LLC and employees, legal relations of LLC and subcontractors (FOP, PE). Please read about it here.