Articles. Accounting, payroll & HR, tax & legislation in Ukraine

COVID-19 has brought us all into a new phase of life: physically, mentally, emotionally and progressively. Our self-preservation instinct has strengthened.

On March 12, a nationwide quarantine was announced throughout Ukraine to prevent the emergence and spread of COVID-19.

Before we had the time to evaluate the changes introduced by Law of Ukraine No. 533-IX of March 17, 2020, “On amendments to the Tax Code in connection with the spread of coronavirus”, the Government..

A lot of questions related to quarantine, force majeure circumstances, and emergency situation in the country are pondered by businesses during these difficult days. Accountor Ukraine explains some

Accountor informs that in order to keep improving state statistical surveillance on labor and in order to obtain full, well-rounded and objective statistical data..

Accountor Informs of What Ukrainian Authorities Have Prepared for Entrepreneurs

In February 2020, the National Bank of Ukraine facilitated the procedure of bank secrecy disclosure pursuant to requirements of the Law of Ukraine “On amendments to certain legal acts of Ukraine...

The Incoterms® are an important element of supply contracts as they inform the parties about the obligations, risks and expenses.

The National Bank of Ukraine has amended the Directive on cash transactions. More details in our article.

On August 5 2019 directive of the Board of the National Bank of Ukraine introducing International Bank Account Number (IBAN) in Ukraine entered into force

The National Bank of Ukraine (further the “NBU”) made the free movement of capital its policy in 2019 and lifted more than 30 currency restrictions

Decree issued by the Ministry of Infrastructure entered into force in Ukraine allowing electronic CMR consignment notes using. Find more details about document layout and signing in the article.

Decree of the President of Ukraine abolishing penalties for violating the regulations on the circulation of companies’ cash in hand entered into force on June 23, 2019. More details in our article.

The National Bank of Ukraine made changes in the Guidelines for opening and closing bank accounts and correspondent accounts of resident and non-resident banks

The National Bank of Ukraine has approved the Directive regarding deadlines for import-export transactions and simplifying currency control over compliance with deadlines

Following the reorganization of the State Fiscal Service of Ukraine, new accounts will become effective on May 02, 2019 for payment of single social contribution and financial sanctions

Frequency of scheduled inspections for compliance with labor laws will be determined in accordance with new criteria adopted by the Cabinet of Ministers of Ukraine

Scheduled inspections of employers by the Social Insurance Fund of Ukraine have been resumed since March 2019

The Law of Ukraine “On Currency and Currency Transactions” entered into force on February 07, 2019 together with eight National Bank of Ukraine resolutions which are now the basis of the new system of

LLCs are entitled to choose when they should bring their charter in line with LLC Law within the transition period (until June 17, 2019)

The Verkhovna Rada of Ukraine (further “VRU”) has amended the Tax Code of Ukraine

A number of state authorities have already approved and published their inspection schedule for 2019

As a general rule, according to Item 3 of Final and Transitional Provisions of the Law of Ukraine On Limited Liability Companies and Additional Liability (further the “Law”), the provisions of LLC cha

We would like to inform you that the Ministry of Finance of Ukraine issued on September 17, 2018 decree approving a new form for tax invoice and adjustment calculations to tax invoices

When staff is hired to work in a company with foreign investments, it is often necessary to translate into Ukrainian the job titles indicated in job offers.

Employers have now access to user accounts on the Pension Fund portal through which they can order Appendix 9 – Certificate of Employment and Insurance Duration and receive it within minutes

As a general rule, business relationships require entering into written contracts. However, despite this legal requirement, many companies neglect contract work, and this oversight often gives rise to

Ukrainian law was amended on October 01, 2018 following the entry into force of the procedure for financing by the Social Insurance Fund of Ukraine of employers to pay benefits to insured persons due

The purpose of the law of ukraine on currency and currency transactions adopted on July 07, 2018 is to significantly liberalize the regulation of currency transactions. Find out more from our article

The new decree abolishes the obligation to keep the employment record books of people working in representative offices of non-residents

This article is dedicated to the changes introduced to the status and regulation of LLC executive body as the most significant body directly affecting the activity and very existence of LLC. The most

The Inspections by Derzhpratsi bodies became a hot topic on the back of a significant increase in existing fine amounts, the introduction of new fines for violation of labor law and the constant upd

This article describes individual changes introduced by the Law of Ukraine On Limited Liability Companies and Additional Liability which, although not comprehensive, are still important for corporate

As the highest management body of LLC, the general meeting could not not have been subject to scrutiny and changes following the introduction of the Law of Ukraine On Limited Liability Companies

The Law of Ukraine On Limited Liability Companies and Additional Liability (further the “Law”) could obviously not eschew addressing concepts essential to LLC activity such as charter, share capital a

This instalment of our digest is devoted to another change introduced by the Law of Ukraine On Limited Liability Companies and Additional Liability

The most significant event in corporate law recently was the adoption of the Law of Ukraine On Limited Liability Companies. Learn more from the article

We have drafted a guide on dividend payments in Ukraine for company owners and directors. Download it for free

The beginning of a new year is a good time to sort out corporate documentation. Particular attention should be paid to minutes of general meetings of shareholders approving contracts (transactions).

Conducting due diligence is a common practice in today’s business environment and is mostly conducted for pre-M&A procedures or audits for parent companies. But what about legal due diligence?