Opening an office
on your own vs. with IT-Rex

Opening an office
on your own vs. with IT-Rex

In order to make the right decision, compare the resources necessary to open an office independently and doing so with IT-Rex.

As an example, consider:

opening an office in Kyiv with an area of about 100 m2

With IT-Rex Independently
Services Money spent on IT-Rex services Time spent in Ukraine Total time spent by you Time spent in Ukraine Total time spent by you
Company incorporation $320-640 – 2 hours 16-24 hours 16-24 hours
Search for an accountancy company and entering into an agreement $120 – 1 hour 8 hours 32-40 hours
Search for a law firm and entering into an agreement $120 – 1 hour 8 hours 56-80 hours
Choosing and renting an office space $1600-3200 – 4-8 hours 40-80 hours 56-80 hours
Purchase of furniture, repair management and control $3200-6400 – 4-8 hours 40-56 hours 120-240 hours
Purchase and installation of networks, servers, and workstations $1600 – 1 hour 24-32 hours 56-72 hours
Total: $6900-12800 0 hours 13-21 hours 136-208 hours 400-616 hours

Recruiting IT and administrative officers

With IT-Rex Independently
Services Money spent on IT-Rex services Time spent in Ukraine Total time spent by you Time spent in Ukraine Total time spent by you
Search for and employment of administrative officers $1000 for 1 office manager – 3 hours 8-16 hours 32 hours
IT recruiting: $3200
for 1 developer		 – 5,5 hours 4 hours 38-46 hours
  • Search for relevant developers and review of resumes
 – 0,5 hour – 32-40 hours
  • Conducting four job interviews
 – 4 hours 4 hours 4 hours
  • Negotiating with a candidate and sending two offers
 – 1 hour – 2 hours

The bottom-line cost of our services does not include:

Consular fees and visa opening
Accountancy company services
Notary services
Rental of office space
Law firm services
Rental of office space
Estate agent services
Repair of premises
IT-Rex undertakes to communicate and negotiate with all contractors for the opening of the office.
Copyright © 2020 IT-Rex