On 13 October 2023, the Prime Minister of Ukraine registered Draft Law No. 10147 “On Safety and Health of Employees at Work”, the text of which provides for the repeal of the painfully familiar Law of Ukraine “On Labour Protection” and introduces some innovations to the system of measures and means aimed at preserving the […]
Within implementation of BEPS action plan new provisions regarding controlled foreign companies were introduced in tax legislation of Ukraine (in particular, paragraph 392 of the Tax Code of Ukraine). According to Ukrainian legislation controlled foreign company (CFC) is a legal entity registered in a foreign jurisdiction or territory, which is considered as one that controlled […]
In what cases and within what timeframe do we submit? According to subpara. 392.5.5 of para. 392.5 of Art. 392 of the Tax Code of Ukraine (TCU), an individual resident of Ukraine or a legal entity resident of Ukraine is obliged to notify the controlling authority of the acquisition (beginning of actual control) or alienation […]
On April 28, 2023 the Law of Ukraine “On Amending the Tax Code of Ukraine and other legislative acts of Ukraine regarding the implementation of the international standard of automatic exchange of information on financial accounts” no. 2970-ІХ dated 20.03.2023 entered into force. This Law introduced amendments to the Tax Code of Ukraine and other […]
It is very important for all our clients to maintain their business processes during the war to ensure their ongoing operations and thus help the country on the economic front. To this end, the state has made it possible to reserve employees, namely, the Cabinet of Ministers of Ukraine approved the Procedure forReservation of Persons […]
The legal and tax regime of Diia City is gaining popularity every day, and a lot of companies – residents of Diia City already conclude not only employment contracts, but also gig-contracts with their specialists. However, currently, based on our experience of working with both gig-contracts and employment contracts, it is quite difficult to clearly […]
More than a year has passed since the special legal and tax regime for the IT industry called “Diia City” came into operation, and we are still being asked whether it is worth joining it. Some companies, especially with foreign investments, hesitate, as they do not understand the specifics of this regime, and/or are not […]
For those who have not yet submitted their tax declaration for 2022, we remind you that there is not much time left: the declaration must be submitted by May 1, 2023. Who reports? Individuals who received: income not from tax agents, for example, gifts from individuals whose value exceeds UAH 1,625, or remuneration from individuals […]
