News
“White Business Club” — Benefits for Conscientious Taxpayers
The Verkhovna Rada has passed the Law on the “White Business Club.” We are now awaiting the President’s signature and official publication. However, you can…
Ukraine eases currency and banking restrictions
We remind our Clients that Ukraine has had a number of restrictive measures in place since the start of the war in order to stabilize…
Are due diligence services exempt from VAT within the scope of the international technical assistance (ITA) project?
We use a case example where an audit firm based in Ukraine and a foreign entity entered into an agreement for due diligence services. The…
E-invoicing in Ukraine: Key Facts you Need to Know
Benefits from efficiency and security through to saving physical resources make e-invoicing a convenient, cost-effective and eco-friendly option for businesses of all sizes. And with…
Ukraine Urges FATF Action Against Russia
In a joint appeal, the Ministry of Finance of Ukraine and the Financial Monitoring Service of Ukraine have called on the Financial Action Task Force…
Minimum wage in Ukraine increases in 2024
The State Budget for 2024 (Law 3460-IX) has been officially released by Ukraine, receiving approval on 28 November 2023. While the legislation does not introduce…
Shaping Success in the East: Leinonen Ambitious Journey
In the dynamic Eastern Region, Tuomas Pukkala, the Country Manager for Ukraine and Kazakhstan, is a key player steering Leinonen’s efforts in the area. He…
National Bank of Ukraine continues to ease FX restrictions
In its ongoing efforts to relax foreign exchange (FX) restrictions, the National Bank of Ukraine (NBU) has implemented significant changes as of December 1, 2023.…
Update on Ukrainian requirements to archive company documents
On April 28, 2023, a new law came into effect, altering the duration for which taxpayers are required to retain various documents and information. The…