In Ukraine, taxes and statutory charges are levied in accordance with the Tax Code of Ukraine (effective from 2011). The major taxes and compulsory payments are:
Potential investments in Ukrainian economy will involve currency exchange risk as significant part of business activity may be nominated in Ukrainian hryvna (UAH), which is not hard currency and is being converted to other currencies through USD.
Pursuant to clause 31 of the Regulation on Transactions with Currency Valuables, approved by the Resolution No. 2 of the Board of the National Bank of Ukraine dated January 2, 2019, dividends may be paid to non-residents only through banks.
The prevention of money laundering in Ukraine is mainly regulated by financial monitoring. Financial monitoring is a set of measures taken by financial monitoring bodies in the field of prevention and counteraction, including state financial monitoring and primary financial monitoring.
Since the war began, millions of Ukrainians moved abroad, and many of them continue to work remotely or have found jobs in their host country. This publication covers the tax rules applicable to Ukrainian refugees in Ukraine and abroad and the ways to pay taxes by those refugees who:
BDO Ukraine Corporate Finance Department experts talk about Ukraine Political and War Risk States Insurance
BDO has released ISRB 2023/02 Q1 2023 Sustainability Reporting Update, which includes information on developments by the International Sustainability Standards Board (ISSB), the European Union and other standard setters, that have been put forward relating to sustainability and climate reporting.
The key legislative act regulating data protection in Ukraine is the Law of Ukraine “On Personal Data Protection” No. 2297-VI, dated June 1, 2010 (the “Law”)
In this issue we focus on Manufacturing, TMT, Financial Services, Real Estate, Packaging and Natural Resources.