Registration of IT company

When setting up an IT company, it is necessary to take into account legal subtleties. For example, what form of business organization to choose: FLP or LLC, and if FLP, what group and KVEDs are relevant. It is also important to understand whether you can work on the simplified taxation system or will be on the general.

Models of work of IT-companies

Usually one of the following schemes is used:

1. working through an FLP, a service agreement is signed. The plus is low costs, as the performer can work from home. But there is a risk of being fined.Work through FLP on the open space model. A Ukrainian company leases/subleases an office to IT guys (FLP). At the same time, a software development contract is signed with the FLP. Plus: there is no accusation that the office is a permanent establishment. In this case, the tax burden is higher than in item 1.
2. LLC work. This scheme will suit those who want to have the lowest risks of being fined. At the same time, the employment of employees must be official. Accordingly, this is a very large cost for the company.
3. Permanent representation. It may be unprofitable to work under this scheme because of the high tax burden. The meaning of this model is that orders are given to Ukrainian residents, each of whom signs a contract for services.
4. No formalization of relations, work with freelancers. This option is not bad for small projects. But there is a risk of a fine if labor relations are proved.

Registration of an IT company

RegService lawyers will help you decide on the model and advise you on the most favorable option. Assistance in opening an office of a foreign company can also be provided. Registration of an IT company is also possible abroad, in the EU countries and the USA. Jurisdiction can be chosen so that the conditions were optimal for you.

Opening an IT company. What should be done first of all?

Any business always starts with an idea. Therefore, at the first stage it is necessary to immediately understand what customer pain you want to close. You can choose any direction, and for each of them in Ukraine the competition will be much lower than in the EU countries.

Most often we recommend to look closely at such options:

• artificial intelligence;
• blockchain;
• fintech;
• game development.

Before you open an IT company, you should think about where and how you will look for clients, whether your company will work only for the local market or will go global to get more opportunities.

After that, it is important to decide whether the company will be an outsourcing or product-based company. In the first option, you need to hire several developers. For a product company, one specialist is enough.

It remains to determine the form of ownership. For a large-scale business with several business partners requires the opening of a legal entity in Kiev for IT. It is necessary to meet the founders, the development of the Charter, printing. In the LLC is more complicated accounting. You need to think about who will do it. Outsourcing is best suited if you are new to business without accounting skills.

It is necessarily in the case of an LLC to clearly describe the rights and obligations of the participants.

Pay attention to such an important point as the registration of a legal address. This is the address to which correspondence will come. It is the address where tax inspections take place.

From the idea to the beginning of work can take about a week. Opening it firm in Ukraine, provided that you enlist the support of specialists registration service, it is a fairly simple task.

Before opening an IT company, it is important to realize that mistakes are inevitable. But if you act together with professionals who have created hundreds of businesses, the probability of them will be much lower.

To open an IT company and achieve success is real!

For beginners, we recommend opening an IT FOP. This is a good option for companies with a small turnover. It is desirable to fully immerse yourself in the business. At first you may have to work without weekends. It is always worth learning and never stop. First open a FOP IT, gradually increasing the number of business participants and hired employees, as well as the turnover of the company.

Open an IT company Ukraine

Find out more information now. Get one step closer to your dream.

Do you have any questions? Want to discuss a business idea? RegService is open for cooperation. We look forward to your calls, emails and messengers!

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