If you are outsourcing a portion of your firm’s development responsibilities to a third party then you will want to make sure that doing so is a cost-effective process. It makes no sense to choose providers from countries which will be just as expensive to develop if you kept things in-house, which is why Ukraine is quickly becoming a top development destination. Here are a few key reasons behind its affordability.
Salaries. The typical salary for an IT specialist in Ukraine is an average of five times lower than an equivalent developer based in the US. The cost of living is also lower, which means the salaries go a lot further. This makes it cheap to run an offshore development team in Ukraine and still get the same level of service as you would receive from a firm based in Western Europe or North America.
Taxes. Aside from lower salaries leading to more cost-effective outsourcing opportunities, IT service providers in Ukraine benefit from tax breaks offered to them to help foster this growing and valuable industry. Even compared to other countries in the Commonwealth of Independent States, Ukraine is more amenable to IT firms and these savings are passed on to customers.
Maintenance. IT companies operating in Ukraine are modern and forward-thinking, appreciating the need to keep employees satisfied with their working environment, and endeavouring to create an atmosphere which rewards hard work as well and efficiency.
Renting office space here is inexpensive, and fees for everything from accounting to utilities are low when compared with the US. Meanwhile employees benefit from access to excellent on-site facilities including free refreshments, discounted social activities, and access to complimentary language training to improve their English skills. And all of these advantages will of course be felt by clients that decide to use dedicated development teams in Ukraine.