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 Ukraine should take into account this new requirement.  

The next scheduled minimum wage increase in Ukraine will be on December 1st of 2021, when it´s set to increase to UAH 6,500.

Recent Posts

October 30, 2024

Taxation in Ukraine Changes Affecting Payroll Taxation

As companies adapt to new taxation measures introduced in Ukraine, they must account for significant changes in tax regulations, impacting accounting and payroll processes. The…

Continue reading
September 16, 2024

From September 1st, Inaccurate Information on Ultimate Beneficial Owners in the Unified State Register Will Be Fined

The Ministry of Justice reminds that the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Proceeds of Crime, Financing of Terrorism, and…

Continue reading
August 5, 2024

BUSINESS IN UKRAINE 

Company Establishment Why open a company in Ukraine?  Although Ukraine is currently engaged in a war on its Eastern borders and the security situation is…

Continue reading