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News of legislation

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NEW FORM FOR REPORTING CONTROLLED TRANSACTIONS: ANALYSIS OF CHANGES

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…)

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CONDITIONS FOR AVOIDING DOUBLE TAXATION WITH THE NETHERLANDS HAVE BEEN CHANGED

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…)

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HOW TO SUBMIT INFORMATION ABOUT BENEFICIARIES TO THE STATE REGISTRAR?

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…)

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THE LAW ON THE ELECTRONIC COURT HAS BEEN IN EFFECT SINCE MAY 26, 2021

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…)

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SINCE MARCH 19, THE PROCEDURE FOR ACCOUNTING FOR TAXPAYERS HAS BEEN CHANGED

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…)

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FROM THE MOMENT OF OPENING THE LIQUIDATION PROCEDURE, ALL RIGHTS OF THE HEAD OF THE LEGAL ENTITY ARE TRANSFERRED TO THE CHAIRMAN OF THE LIQUIDATION COMMISSION (LIQUIDATOR)

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…)

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GROUNDS AND PROCEDURE FOR REDUCING THE AUTHORIZED CAPITAL OF AN LLC

Cases of Mandatory Reduction of the Authorized Capital

 

Late Contribution (more…)

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AUTHORIZED CAPITAL OF LLC: RULES OF FORMATION

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…)

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ABOUT ELECTRONIC EMPLOYMENT RECORD BOOKS — ELECTRONIC ACCOUNTING OF LABOUR ACTIVITY

Effective June 10, 2021, the Law of Ukraine “On Amending Certain Legislative Acts of Ukraine on Registering an Employee’s Labor Activities in Electronic Form” No. 1217-IX dated February 5, 2021 (hereinafter — Law No. 1217). (more…)

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