News of legislation

The Tax Service of Ukraine has provided an explanation of when, in what format and how taxpayers can submit an audit report to the financial statements for 2020.

(more…)

New Reporting

By Order No. 841, which entered into force on March 19, 2021, the Ministry of Finance set out the following in a new version: (more…)

The Verkhovna Rada, at a meeting on June 15, 2021, ratified the Protocol between Ukraine and the Kingdom of the Netherlands on amendments to the Convention between the two countries for the avoidance of double taxation and prevention of tax evasion with respect to taxes on income and property. (more…)

Effective July 11, 2021 Regulations on the Form and Content of the Ownership Structure (approved by Order of the Ministry of Finance No. 163 dated March 19, 2021, published in the newspaper “Uriadovyi Courier” dated June 11, 2021). (more…)

On May 26, 2021, the Law of Ukraine No. 1416-IX dated April 27, 2021 “On Amending Certain Legislative Acts to Ensure Phase-by-Phase Introduction of the Unified Judicial Information and Telecommunication System” (UJITS) entered into force. (more…)

On March 19, 2021, changes to the Accounting Procedure for Tax and Fee Payers were published (Order of the Ministry of Finance No. 62 dated February 8, 2021). (more…)

According to Part 1 of Article 104 of the Civil Code of Ukraine, a legal entity shall be terminated as a result of reorganization (merger, accession, spin-off, transformation) or liquidation. (more…)

Cases of Mandatory Reduction of the Authorized Capital

Late Contribution (more…)

A limited liability company is the most common legal form of business entity in Ukraine. This is due to the convenience of LLC management mechanisms, and therefore their acceptability for small and medium-sized businesses. (more…)