News
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…
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…
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…
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…
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…