Articles: Accounting, HR & Payroll, Tax Laws in Ukraine

On July 25, 2024, the Law of Ukraine No. 3813-IX on amendments to the Tax Code of Ukraine was published. Analysis of amendments from Accountor Ukraine team.

The Pension Fund of Ukraine initiated a transition period to electronic workbooks, effective until June 9, 2026.

On May 30, 2024, the Cabinet of Ministers of Ukraine approved the procedure for the implementation of the electronic waybill project in Ukraine.

Some types of transactions that used to be quick and easy in Ukraine got restricted after the war started. The Accountor experts will explain what kind of restrictions are still in effect.

Are you thinking about expanding your business to Ukraine? Accountor will help you choose the right legal form, set up the accounting processes and provide you with all the support you need!

Does fueling company vehicles outside of business hours affect your company's tax liability? Ask the Accountor Ukraine experts!

If your company would like to donate to the Armed Forces to Ukraine, here is what your accountant needs to know. And if you still have questions, we at Accountor Ukraine are happy to help!

Accountor Ukraine offers the best outsourced solutions for each client company in order to achieve maximum results.

How do you hire staff for your office in Ukraine? What is better: an employment contract, a civil contract, or a contract with a Private Entrepreneur (FOP)? Accountor Ukraine is here to help!

How do you prepare for a tax inspection in Ukraine? What are the possible risks, and how do you mitigate them? Here are seven tips from the Accountor Ukraine experts.

Tax audits have been resumed in Ukraine by Law #3219–IX. Should you be preparing for a visit from the tax inspectors? The Accountor experts are here to explain.

Accountor keeps informing you about tax changes during the war in Ukraine. Today, we will talk about licensing of excise goods and restrictions in the banking sector.

Accountor Ukraine offers 8 strategies on how to optimize company costs and manage business finances these days

Accountor Ukraine, a provider of accounting and legal services for businesses in Ukraine since 2008, informs about changes in taxation from August 01, 2023.

Accountor Ukraine has been providing outsourced accounting services to LLCs and representative offices of foreign companies in Ukraine since 2008.

The Accountor Ukraine experts have prepared a series of articles on changes in the banking sector and on tax benefits for entrepreneurs during martial law.

Accountor Ukraine explains the Law of Ukraine # 2888-IX "On Amending the Tax Code of Ukraine (TCU) and other legislative acts of Ukraine regarding payment services" dated January 12, 2023.

Words of wisdom from Accountor Ukraine on how to support your employees under war conditions, and how to motivate your team to achieve better results.

As Russia undermines global efforts to prevent the financing of terrorism, the priorities of the financial monitoring system have been changed.

On October 6, 2022, the Parliament of Ukraine adopted a law regarding taxation of the business activities of electronic residents, which is entering into force on April 1, 2023.

Accountor Ukraine explains the changes implemented in October 2022 regarding minimum wages and payroll reporting in Ukraine.

Business purpose is a reason that exists only if the taxpayer intends to obtain an economic effect as a result of business activities, which, in particular, but not exclusively, involves the growth...

In connection with Russia's military aggression against Ukraine, on March 4, 2022, the Resolution of the Cabinet of Ministers # 187 of March 3, 2022, entered into force

Resolution of the Board of the NBU "On the work of the banking system during martial law" to ensure reliable and stable functioning of the country's financial system. All the subtleties

Employee motivation is one of the most critical issues for CEOs and company owners. What should you do to keep your staff motivated, so that they keep working at your company? Ask Accountor Ukraine!

How can foreign companies send funds to their subsidiary in Ukraine? Ask Accountor Ukraine! Here is what you need to know about the different ways to do that.

What are the rules concerning masks, handshakes and social distancing in business meetings? What are the things considered as good/bad manners? Here are some basic tips from Accountor Ukraine!

Some companies prefer cooperating with "FOPs" (individual entrepreneurs) rather than starting a business in Ukraine. Accountor explains the pros, the contras, and the risks of such cooperation.

All source documents in Ukraine must be drawn up in Ukrainian. What if the company's documents are in some other languages? Accountor Ukraine explains what to do and what to expect.

How do you scale your business to enable not just the growth of revenues, but also of profits? Here is how you can increase your company's efficiency.

Laws # 466 and # 1117 have made significant changes in the procedure for representative offices registration. Accountor explains what exactly has been implemented to date, and what to expect next.

In this article, we are addressing the questions that our clients often ask about registration of foreign companies which are operating in Ukraine through representative offices.

Accountor Ukraine informs about changes in employee history records. The government has started a five-year transition period for transferring the data from "paper" work books to the digital Register.

Accountor Ukraine explains what emotional intelligence is, what it is not and how it can be used in different work-related situations.

When starting a business to Ukraine, you may register as a “Single Tax” payer to minimize tax liabilities. But is it reasonable in your particular case for your particular company?

Companies shall start reporting under the new method from Q1 2021, and the reports are to be filed till May 11, 2021

At the end of 2020, Accountor Group and the Haaga-Helia University of Applied Sciences started a joint research project aimed at studying the impact of the pandemics crisis on HR sphere

Finding errors in the accounting records of a company is always an unpleasant surprise.

The tax reform, which started in 2020, has brought on many significant changes - first of all, in terms of fitting new legislative norms in the existing forms of tax reports.

It is impossible to create favorable investment climate in Ukraine without implementing effective investment policies.

Accountor Ukraine offers a brief overview of the main stages of the process.

Employers and employees in 2020 went through a process of remodeling their approaches and abandoning their stereotypes. E.g., in March-April, around 27% IT companies’ employees were dissatisfied with

A “subcontractor” means any party (residents/non-residents) who has a written agreement with the executor or with the recipient, who ensures the implementation of the project or part of the project

Ukraine is slowly but steadily pursuing digitalization, which is a very important trend. Inspired by last year's success of the chatbot for private individuals, the tax authorities have announced

Ukraine is becoming increasingly attractive for international IT businesses. Recent political and economic developments have shown that IT companies from post-Soviet countries are no less interested

Accountor Ukraine reminds that on May 23, 2020 the Law of Ukraine of January 16, 2020 # 466-IX "On Amendments to the Tax Code of Ukraine to Improve Tax Administration, Eliminate Technical and Logical

COVID-19 has changed not only the life of every single individual around the world, but also the domestic and foreign policies of many countries.

The law №466 on “The amendment to the Tax Code of Ukraine concerning the enhancement of tax administrating, eliminating the technical and logical inconsistencies in the Tax legislation”

On May 23, 2020, the Law of Ukraine # 466-IX "On Amendments to the Tax Code of Ukraine to Improve Tax Administration, Eliminate Technical and Logical Inconsistencies in Tax Legislation"

Every year Ukraine becomes more and more of an attractive market for foreign investments. Even currently Ukraine is included into TOP-100 countries according to auspiciousness

On May 23, 2020, the Law of Ukraine № 466-IX “On Amendments to the Tax Code of Ukraine to Improve Tax Administration, Eliminate Technical and Logical Inconsistencies in Tax Legislation” (Bill №1210)

Accountor Ukraine would like to inform you that on May 23, 2020, the Law of Ukraine "On Amendments to the Tax Code of Ukraine to improve tax administration, eliminate technical and logical...

In recent years, Ukrainian international technical assistance (ITA) laws have changed, and these changes has facilitated the process of attracting donor assistance and implementing ITA projects.

The Law of Ukraine “On amendments to the Tax Code of Ukraine regarding improvement of tax administration, elimination of technical and logical inconsistencies in tax legislation” ...

Although business communities have repeatedly asked the President to veto or amend the Bill #1210, yet the Law of Ukraine "On Amendments to the Tax Code of Ukraine to improve tax administration

In this article, we would like to remind you that convening the annual general meeting is mandatory in accordance with the Law of Ukraine

COVID-19 has brought us all into a new phase of life: physically, mentally, emotionally and progressively. Our self-preservation instinct has strengthened.

On March 12, a nationwide quarantine was announced throughout Ukraine to prevent the emergence and spread of COVID-19.

Before we had the time to evaluate the changes introduced by Law of Ukraine No. 533-IX of March 17, 2020, “On amendments to the Tax Code in connection with the spread of coronavirus”, the Government..

A lot of questions related to quarantine, force majeure circumstances, and emergency situation in the country are pondered by businesses during these difficult days. Accountor Ukraine explains some

Accountor informs that in order to keep improving state statistical surveillance on labor and in order to obtain full, well-rounded and objective statistical data..

Accountor Informs of What Ukrainian Authorities Have Prepared for Entrepreneurs

In February 2020, the National Bank of Ukraine facilitated the procedure of bank secrecy disclosure pursuant to requirements of the Law of Ukraine “On amendments to certain legal acts of Ukraine...

The Incoterms® are an important element of supply contracts as they inform the parties about the obligations, risks and expenses.

The National Bank of Ukraine has amended the Directive on cash transactions. More details in our article.

On August 5 2019 directive of the Board of the National Bank of Ukraine introducing International Bank Account Number (IBAN) in Ukraine entered into force

The National Bank of Ukraine (further the “NBU”) made the free movement of capital its policy in 2019 and lifted more than 30 currency restrictions

Decree issued by the Ministry of Infrastructure entered into force in Ukraine allowing electronic CMR consignment notes using. Find more details about document layout and signing in the article.

Decree of the President of Ukraine abolishing penalties for violating the regulations on the circulation of companies’ cash in hand entered into force on June 23, 2019. More details in our article.

The National Bank of Ukraine made changes in the Guidelines for opening and closing bank accounts and correspondent accounts of resident and non-resident banks

The National Bank of Ukraine has approved the Directive regarding deadlines for import-export transactions and simplifying currency control over compliance with deadlines

Following the reorganization of the State Fiscal Service of Ukraine, new accounts will become effective on May 02, 2019 for payment of single social contribution and financial sanctions

Frequency of scheduled inspections for compliance with labor laws will be determined in accordance with new criteria adopted by the Cabinet of Ministers of Ukraine

Scheduled inspections of employers by the Social Insurance Fund of Ukraine have been resumed since March 2019

The Law of Ukraine “On Currency and Currency Transactions” entered into force on February 07, 2019 together with eight National Bank of Ukraine resolutions which are now the basis of the new system of

LLCs are entitled to choose when they should bring their charter in line with LLC Law within the transition period (until June 17, 2019)

The Verkhovna Rada of Ukraine (further “VRU”) has amended the Tax Code of Ukraine

A number of state authorities have already approved and published their inspection schedule for 2019

As a general rule, according to Item 3 of Final and Transitional Provisions of the Law of Ukraine On Limited Liability Companies and Additional Liability (further the “Law”), the provisions of LLC cha

We would like to inform you that the Ministry of Finance of Ukraine issued on September 17, 2018 decree approving a new form for tax invoice and adjustment calculations to tax invoices

When staff is hired to work in a company with foreign investments, it is often necessary to translate into Ukrainian the job titles indicated in job offers.

As a general rule, business relationships require entering into written contracts. However, despite this legal requirement, many companies neglect contract work, and this oversight often gives rise to

Ukrainian law was amended on October 01, 2018 following the entry into force of the procedure for financing by the Social Insurance Fund of Ukraine of employers to pay benefits to insured persons due

The purpose of the law of ukraine on currency and currency transactions adopted on July 07, 2018 is to significantly liberalize the regulation of currency transactions. Find out more from our article

The new decree abolishes the obligation to keep the employment record books of people working in representative offices of non-residents

This article is dedicated to the changes introduced to the status and regulation of LLC executive body as the most significant body directly affecting the activity and very existence of LLC. The most

The Inspections by Derzhpratsi bodies became a hot topic on the back of a significant increase in existing fine amounts, the introduction of new fines for violation of labor law and the constant upd

This article describes individual changes introduced by the Law of Ukraine On Limited Liability Companies and Additional Liability which, although not comprehensive, are still important for corporate

As the highest management body of LLC, the general meeting could not not have been subject to scrutiny and changes following the introduction of the Law of Ukraine On Limited Liability Companies

The Law of Ukraine On Limited Liability Companies and Additional Liability (further the “Law”) could obviously not eschew addressing concepts essential to LLC activity such as charter, share capital a

This instalment of our digest is devoted to another change introduced by the Law of Ukraine On Limited Liability Companies and Additional Liability

The most significant event in corporate law recently was the adoption of the Law of Ukraine On Limited Liability Companies. Learn more from the article

We have drafted a guide on dividend payments in Ukraine for company owners and directors. Download it for free

The beginning of a new year is a good time to sort out corporate documentation. Particular attention should be paid to minutes of general meetings of shareholders approving contracts (transactions).

Conducting due diligence is a common practice in today’s business environment and is mostly conducted for pre-M&A procedures or audits for parent companies. But what about legal due diligence?