News
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…
Minimum wage increase postponed
Earlier we reported that the Ukrainian parliament planned to issue new increases to the minimum wage in 2021 as follows: up to 6 000 UAH from…
Ukraine´s investment attractiveness weakening
The European Business Association in Ukraine (www.eba.com.ua//) has published the results of its fifth annual investment attractiveness survey. The survey gauges the investment attractiveness of…
National Bank of Ukraine launches joint Twinning project with EU-backed central banks of Poland and Lithuania
On October 1, 2020, the National Bank of Ukraine launched a joint project with the National Bank of Poland and the Bank of Lithuania. This…
Organizations are obliged to have job descriptions for employees
Each employee must be informed of their job responsibilities against a signed receipt. Lack of job descriptions is a violation of labor law. If…
Ukraine publishes preliminary schedule for increasing the minimum wage
The Ministry of Finance of Ukraine published a preliminary schedule for increasing the minimum wages in Ukraine. The schedule is as follows (wages per month):…