News
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…
Overcoming Challenges and Seizing Opportunities in Ukraine’s Logistics Sector
The logistics sector in Ukraine is a critical industry, especially in the current challenging war-time environment. However, amidst the demand, businesses grapple with unique accounting…
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…
How to calculate payroll taxes in Ukraine?
The Ukrainian payroll system is governed by the country’s labor law, which sets minimum employment requirements and wage levels for all employees. As of January…
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…
Ukraine digitalizes further: electronic waybills introduced
The development of the electronic waybill system (e-TTN) has been completed. The first three provider companies (EDIN, PTAH and AgriChain) have been tested for interaction…
Diia City, an “electronic” IT park framework for IT companies in Ukraine during the war
The IT industry has been growing rapidly across the world, and Ukraine despite the Russian invasion, is no exception. With increasing advances in technology, IT…