Almost every company at some point of its existence comes up with the need for a logical extension and a shift to the new level of development. Many of them establish new offices abroad due to numerous advantages: from more beneficial rates to the possibility of international growth. Nowadays one of the most attractive destinations in IT is Ukraine. Samsung, Oracle, NetCracker, Wargaming are among a bunch of companies that have their offices opened and successfully operated in the largest state of Europe. Let’s see what makes this country so popular?

The impressive pool of specialists

Ukraine ranks fourth in the world by the number of IT workers after the USA, India, and Russia. Partially, it is the result of a big variety of educational programs, opportunities and innovation labs being offered here. Therefore, every year more than 36,000 students graduate from universities with degrees in IT-related fields. According to experts, the IT workforce of Ukraine is expected to prevail the mark of 200,000 IT specialists by 2020!

High competitiveness shapes top-notch specialists in Java, C#, JavaScript, PHP, Python and many more. Regardless of what technologies your project may require, there is no lack of qualified engineers available to create a solution.

Advantageous labor law and taxation

Ukraine is a beneficial place to launch your business not only due to lower salaries than in the EU but also because of special law and taxation it has.

Usually, Ukrainian IT companies register their staff as private entrepreneurs, who pay only 5% of one’s monthly remuneration. A proper organizational structure is needed for that, but it helps companies to save up to 40% on taxes! Additionally, there are other legal advantages of running a remote office in Ukraine, such as no mandatory conversion to currency proceeds.

Convenient timing & location

Ukraine has only 1-2 hour difference between EU timezone. It allows planning your schedule smoothly and with no need to stay at the office till midnight. Moreover, due to the slight difference, Ukrainian working day would most probably start a bit earlier. Use it as a benefit: get your daily report while you are having a morning coffee or even before you get to your office!

Would you like to have a business trip over? It has never been so easy to come to Ukraine! First of all, the variety of flight options is constantly growing with an increasing interest of the whole world to Ukraine. Secondly, it is only a couple of hours away. Last, but not least, low-cost airlines are able to save some budget up. What if we say there are flights starting from €20 both sides?

Unlike other popular destinations for outsourcing, Ukraine remains one of the most secure ones along with the skilled, well-priced, and committed staff. Due to the drastic development of the tech ecosystem, large talent pool and strong education it will keep building leading software solutions with corporations from all over the world.

Looking for the best market for outsourced workers? Keep Ukraine in mind!