The first and the most important rule of any successful business is to keep finances under the control. Only keeping perfect accounting you can be confident in the development of your business.

Individual entrepreneur (IE) is registered during the first independent steps in business, as well as in cases when enterprises and companies recruit the staff by concluding civil law contracts with employees, registering them as individual entrepreneurs.

IE in Ukraine may choose one of two tax systems: general or simplified. The former is based on the net income tax. This means that the entrepreneur pays a percentage of the profit (18%), that is, the percentage of the difference between all incomings and expenses. In such event, the general system does not imply any restrictions on the types of activities, the number of recruited employees, the amount of annual income, etc.

Ukraine has introduced a simplified tax system to reduce the tax burden on small businesses. Under this system, separate payments are replaced by a commontax. The common tax rate is 5% if the private entrepreneur is not VAT payer, and it is 3% if they are VAT payer. The final amount of the common tax depends on the amount of income. A simplified reporting scheme is considered to be a significant advantage of this system.

Certainly, at first glance, it seems that everyone can understand the nuances of accounting, but is it worth spending the most valuable asset, your time, on processing routine and samely operations instead of devoting all your time and attention to developing your own business?

“EnomiConsulting” Companyoffersanaccountant’sservicesforindividualentrepreneurs. The pricing package “Accounting and reporting for individual entrepreneurs” includes the preparation and submission of the following:

• Report on the common tax;
• 1-DF report on paid income (once in a quarter);
• Report to the pension fund on personalization (annual);
• Informing a client on the amounts and terms of payment of the common tax;
• Informing a client on the amounts and terms of payment of the common taxand payment of a single social security contribution (SSSC);
• Payroll accounting (if there are payroll employees);
• Bookkeeping ofIE’s income and expenses.

We offer accounting services for IE’s in Lviv and all over Ukraine. We have a solid experience in remote accounting.

The remote IE accounting envisages the exchange of information and documents online, the originals of documents being sent by mail.

By signing an accounting contract we also draw up the documents that give us an opportunity to submit reports in a digital format (M.E.Doc, EDS, and Token).

Enomi Consulting has an extensive experience of providing accounting services in Ukraine.

Apart from the services of an accountant for IE’s we also offer the services of:

• An accountant for LLCs;
• An accountant for IT companies.