International accounting services

International accounting services by country

Choose the country of registration: each country page describes the company's reports, deadlines and taxes.

We also provide accounting for foreign companies in other countries among our 50+ jurisdictions, including Estonia and Cyprus. If you do not have a company yet, start with international company formation: it is easier to set up the books from day one.

Your situation

Choose the situation closest to yours: a short outline of the route and the first step.

What our international accounting services include

International accounting services, or outsourced accounting for a foreign company, cover everything the company must keep and file in its country of registration, plus the owner's Ukrainian reporting. We tailor the scope to the company: minimal for a company with no activity, full for a trading company with VAT and employees.

Bookkeeping during the year

• Bookkeeping. We post bank and payment system statements, invoices and contracts, reconcile balances and keep the books in the company's currency.
• VAT. Threshold monitoring, registration, periodic returns, VIES reports on intra-EU transactions, OSS and IOSS for sales to consumers in the EU.
• E-invoicing. We set up invoice exchange where it is mandatory: KSeF in Poland, e-Factura in Romania, Sistema di Interscambio in Italy, eTIMS in Kenya.
• Payroll. Salaries, taxes and contributions, reports for employees and the director.

Annual accounts and tax returns

• Financial statements under national standards or IFRS, if required by law, the bank or an investor.
• Corporate income tax return and tax calculation, including advance payments where they are mandatory.
• Corporate filings: confirmation statement in the UK, state annual report in the USA, annual return in Canada and Kenya, beneficial ownership details.
• Audit. Where it is mandatory or the bank asks for it, we prepare the package for the auditor and answer questions until the signed opinion.

The Ukrainian side

• CFC notice and report for an owner who is a Ukrainian tax resident, with calculation of adjusted profit. Details on the page CFC report and structure.
• Dividends. Before the payout decision we calculate the tax in the company's country and in Ukraine.

Accounting for an international group across several countries

When an owner has two or three companies in different countries, international accounting relies on one calendar and one set of rules. We keep all filing deadlines for all companies in a shared calendar and warn you in advance about filings that need the director's signature. Intra-group balances are reconciled on both sides at each closing date, so loans, services and dividends match in both sets of accounts. We choose exchange rates and periods so the figures go into the CFC reports without rework.

On request we prepare management reports for the owner: revenue and expenses by business line, cash flow, balances by company. For the bank we prepare interim accounts and explanations on counterparties when it asks for them during a client review. International accounting services in one team spare you from reconciling figures between several contractors.

If the foreign company has a representative office in Ukraine, we keep its books too: accounting for a representative office of a foreign company.

Timelines for onboarding and rebuilding the books

Taking over a company with up-to-date books usually takes a few weeks; rebuilding past years takes longer and depends on the number of transactions. Tax office and register deadlines are the last dates for filing, so we start work early.

• Company with up-to-date books. Usually, in our experience, the handover of records and access from the previous accountant takes 2–4 weeks.
• No bookkeeping for a year. Usually, in our experience, rebuilding the books and annual accounts takes 1–2 months.
• Several years overdue, audit or threat of strike-off. Usually, in our experience, 2–4 months, longer with an audit and restoration to the register.
• CFC report. Usually, in our experience, 1–2 weeks once the company's financial statements are ready.

Timing depends on the case, its details, the authorities and force majeure. If little time is left before a deadline, we first close the filing with the highest penalty.

The annual cycle

After onboarding, work follows the calendar. Every month or quarter we close the books, file periodic returns and send a short summary: balances, revenue, expenses and upcoming deadlines. We start the year-end close right after the year ends, so the financial statements are ready before the register and tax office deadlines and before the owner's Ukrainian tax return is due. For a UK LTD that means 9 months for the accounts, for a UAE company 9 months for the corporate tax return, and an individual files the CFC report for a calendar year by 1 May of the following year, so it can make sense to align the company's financial year with the calendar year.

What outsourced accounting costs depend on

We quote outsourced accounting per company: the cost depends on transaction volume and on what the country of registration requires.

• country and legal form of the company, its reporting and audit requirements;
• number of bank accounts, payment systems, currencies and transactions per month;
• VAT registration, intra-EU transactions, OSS or IOSS;
• employees and directors on payroll;
• number of companies in the structure and transactions between them;
• how far behind the books are and overdue periods;
• the CFC report and the number of controlling persons in Ukraine.

We work under a contract. We give an estimate within one business day after a short description of the task.

Accounting support: how we work

Our accounting support is built around the company's calendar of obligations; we need documents and decisions from you.

1. Company review. We look at the country, legal form, financial year, tax registrations and reports already filed. The first consultation is free.
2. Handover. We get access to the bank and tax portals, the previous accountant's database and returns, and reconcile balances.
3. Monthly bookkeeping. We post transactions, request missing documents, file VAT and payroll reports and tell you the amounts payable.
4. Year-end close. Reconciliations with the bank and counterparties, accruals, exchange differences, financial statements for the director's approval.
5. Audit and filings. We hand the package to the auditor, file the accounts with the register and the corporate income tax return.
6. CFC report. From the closed year's figures we prepare the owner's Ukrainian CFC report and reconcile it with the company's accounts.

Documents we need to take over your accounting

To start, we need the registration documents, bank statements and access to the company's tax portals; we will request the rest from a checklist.

• certificate of incorporation, articles, register of members and directors;
• statements for all bank accounts and payment systems for the accounting period;
• contracts with key clients and suppliers, invoices, acceptance certificates;
• accounts and tax returns for previous years, if the company is not in its first year;
• access or a power of attorney for the tax portals and the register: HMRC and Companies House, EmaraTax, iTax and others depending on the country;
• employee data, if there is a payroll;
• for the CFC report, details of the controlling persons and their shares.

Reference: annual reporting by country

Each country has its own annual reporting for a foreign company: different recipients, forms and deadlines. The table shows the main annual filings for a financial year equal to the calendar year, as of September 2026.

Country	Accounts and register	Tax return	During the year
United Kingdom, LTD	Accounts to Companies House 9 months after year end, the first ones within 21 months of incorporation; confirmation statement every 12 months	CT600 to HMRC within 12 months, tax due in 9 months and 1 day	VAT under Making Tax Digital, payroll
USA, foreign-owned single-member LLC	No federal accounts filed with a register; state tax or report under state rules	Form 5472 with a pro forma 1120 by 15 April, extension via Form 7004	Sales tax, if there is an obligation in the state
UAE	Audited accounts for a qualifying free zone person and for revenue above AED 50 million	Corporate tax return to the FTA 9 months after year end	VAT by the 28th after the period
Poland, sp. z o.o.	Prepare within 3 months, approve within 6, file with the KRS within 15 days of approval	CIT-8 by the end of the third month	JPK_V7, KSeF, ZUS
Hungary, Kft	Annual report by 31 May	Corporate income tax by 31 May	VAT, payroll
Romania, SRL	Annual accounts to ANAF by 31 May	Micro-company tax or corporate income tax	e-Factura, SAF-T D406, VAT, D112
Bulgaria, OOD	Financial statements to the Commercial Register by 30 September	Corporate tax from 1 March to 30 June	VAT and VIES by the 14th
Italy, SRL	Financial statements to the Registro delle Imprese in XBRL within 30 days of approval	Redditi SC and IRAP by 31 October	SdI, LIPE, F24
Canada, corporation	Annual return with the corporate registry	T2 to the CRA 6 months after year end	GST/HST, payroll
Panama, S.A.	Accounting records or a copy to the resident agent by 30 April	On Panama-source income, details on the country page	Annual fee
Kenya, Ltd	Annual return to the BRS, financial statements within 9 months	IT2C by the end of the 6th month	iTax including nil returns, eTIMS

Details, penalties and exceptions are on the country pages. For companies we register ourselves, we set up the calendar from the start: company formation in the UK, company formation in the USA, company formation in the UAE.

Reference: how accounting links to the Ukrainian CFC report

The CFC report is built on the foreign company's financial statements, so an error or delay in the accounts abroad carries straight into the owner's Ukrainian reporting. The rules below follow Article 39-2 of the Tax Code of Ukraine as amended on 17.09.2026.

Who files and when

• The report is filed by a Ukrainian resident who owns more than 50 percent of a foreign company, more than 10 percent where Ukrainian residents together hold 50 percent or more, or who exercises actual control.
• The tax authority is notified of acquiring a stake or starting control within 60 days.
• The annual report is filed together with the annual tax return: for an individual for 2025, by 1 May 2026; for a legal entity, with the corporate income tax return.
• Certified copies of the company's financial statements are attached to the report. If they are not ready by the deadline, a short report is filed and the full report follows by the end of the next calendar year. If the deadline for accounts in the country of registration falls after the tax return deadline, the copies are attached to the next year's return.
• An audit of the CFC accounts is required for the report only at the tax authority's request: it may ask for an audit opinion no earlier than 15 months after the end of the reporting period. If the country of registration does not require financial statements, the owner prepares them under IFRS.

Profit and exemption

The CFC's adjusted profit is calculated from the financial statements. One of the grounds for exemption is total income of all the owner's CFCs not exceeding the equivalent of EUR 2 million; the report is still filed in that case.

Penalties and martial law

The penalty for not filing the report is 100 subsistence minimums, and for late filing one subsistence minimum per day, up to 50. For violations from 1 January 2022 to the end of the month in which martial law ends, penalties do not apply if the owner fulfils the CFC obligations within six months after it ends. The obligation to file reports remains, so it is better to close past years early.

Reference: common mistakes in foreign company accounting

• Assuming a company with no turnover need not report. In the UK dormant accounts are due on the same deadlines with the same penalties, and in the USA Form 5472 is required even with no sales.
• Mismatches with the CFC report. The exchange rate, period and profit in Ukraine must match the company's financial statements.
• Loans and services between the owner's companies without contracts. Such transactions raise questions from the tax offices of both countries, so we document them in advance.
• A bank request with no accounts ready. As part of KYC, banks ask for annual accounts and explanations on counterparties; we prepare them so a reply takes days.
• VAT on sales to consumers in the EU. Digital services and goods for buyers in other EU countries are subject to VAT of the buyer's country; we register the company for OSS or IOSS when needed and reconcile returns with payment system data.
• Dividends without calculation. A payout to the owner in Ukraine goes through the bank and currency control rules, and the tax depends on whether the CFC profit was taxed. We calculate the payout scheme before the shareholders' decision.
• Rule changes. Over the last two years we have seen director verification at Companies House, mandatory KSeF in Poland, SAF-T for small companies in Romania and new audit rules in the UAE. We take into account the changes that affect your company and warn you about them in advance.

How to start

Send us the country of registration, the company number and what needs to be filed soon. We reply within one business day, and on a free 10-minute call we will tell you which filings lie ahead and which deadlines are already pressing.

Other services

Sources

Tax Code of Ukraine (Podatkovyi kodeks Ukrainy), Article 39-2, clause 120.7, subclause 49.18.4, paragraph 72 of subsection 10, section XX (version of 17.09.2026); GOV.UK: Life of a company, annual requirements, accounts; IRS: Instructions for Form 5472; UAE Ministry of Finance: Ministerial Decision No. 84 of 2025 on Audited Financial Statements; biznes.gov.pl: Kto i kiedy musi składać sprawozdania finansowe; Számviteli törvény 2000. évi C., 153. § (Hungarian Accounting Act); ANAF: SAF-T D406 for small taxpayers from 01.01.2025; Zakon za schetovodstvoto, Art. 38 (Bulgarian Accountancy Act); CRA: When to file your corporation income tax return; KRA: Companies and Partnerships, file and pay. Checked: 27.09.2026.