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Average salaries in the largest Ukrainian cities
The average salary in Lviv is the highest of large Ukrainian cities at UAH 31.655 per month, which is UAH 824 more than in Kyiv…
Representative offices of foreign companies need to register as tax payers in Ukraine
«On January 1, 2021, the Law of Ukraine of “On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine on Ensuring the…
Agricultural business in Ukraine
The agricultural sector in Ukraine has been a very important source of GDP for Ukraine since Soviet times. These days Ukraine possesses about 35 million…
New legal framework being developed for the IT sector in Ukraine
The Ukrainian IT sector has been growing for approximately 25 % a year for several years now and currently generates approximately 5,4 billion dollars of…
Share capital amount no longer needs to be indicated in the company charter
Establishing a company in Ukraine became somewhat easier due to a recent parliament decision. The Ukrainian Law on Limited Liability Companies never included a requirement…
Ukraine to participate in the EU´s European Green Deal project
The European Green Deal plans to reduce greenhouse gas emissions in the European Union by 40% by 2030. And by 2050 – to reach zero…
Zhytomyr region most comfortable for doing business in Ukraine according to study
The Zhytomyr region was chosen the most comfortable for doing business in 2020 in Ukraine. The top 4 ratings also include Chernihiv region, the city…
Minimum wage increased in Ukraine since 1st of January
The new minimum wage in Ukraine since 1st of January 2021 is UAH 6,000 or approximately 210 U.S. dollars (previously was UAH 5,000). Enterprises in…
The current state of taxation in Ukraine worsens according to business
The EBA has conducted a Tax Index Survey together with EY Ukraine. The results show a worsening of the tax index from 2.95 in the…