News

March 14, 2024

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…

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February 19, 2024

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…

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January 15, 2024

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…

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December 6, 2023 -

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…

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December 4, 2023

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.…

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November 10, 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…

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September 13, 2023

Tax Service of Ukraine announces planned tax audits

The Tax Service of Ukraine plans to audit 1,019 companies and 256 individuals by the end of the year. This data is available from the…

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September 6, 2023

Foreigners can soon start a business and pay taxes online as e-residents of Ukraine

The Cabinet of Ministers in Ukraine has approved a resolution outlining the process for acquiring e-residency status through online channels. This means that individuals can…

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August 2, 2023

Abolition of some martial-law related tax benefits in Ukraine

On July 26, the President signed the Law “On Amendments to the Tax Code of Ukraine and other laws of Ukraine regarding the peculiarities of…

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