News
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…
Law on business travel and expense reports updated
The recent amendment to the Tax Code of Ukraine, Law # 2888-IX, brings significant changes to expense reports and tax accounting in the country. Effective…
Diia: Empowering Citizens Through Ukraine’s Digital Services Platform
Diia, the digital services platform of Ukraine, has revolutionized the way citizens interact with the government and access public services. In this information package, we…
Ukrainian customs code updated for 2023
From January 1, 2023, a new version of the Customs Tariff of Ukraine (Law of Ukraine dated October 19, 2022 No. 2697-IX “On the Customs…
NBU predicts lower inflation in 2023 and recovery in 2024
In 2023, inflation will slow down to 18.7%, and real GDP will grow only marginally – by 0.3%. Inflation will continue to decline in the…
BANKS TAKE MEASURES TO ENSURE STABILITY DURING POWER BLACKOUTS
The National Bank of Ukraine is constantly taking measures to ensure the continuity of the banking system under martial law. The NBU, together with the…
NEW PROCEDURE FOR DISCLOSING COMPANY BENEFICIARIES APPLIES FROM DECEMBER 29TH
On September 29, 2022 the President of Ukraine signed the Law of Ukraine “On Amendments to Certain Laws of Ukraine on Simplifying the Procedure for…
How are volunteer activities and charitable assistance taxed?
In order to promote the development of volunteer activities and the activities of non-profit institutions and organizations in wartime conditions, the Law of Ukraine dated…
Getting a work permit for foreigners is now easier
On October 12, 2022, the President of Ukraine signed a Law which: • cancels the requirement for the employer to pay a foreign citizen employed…