This obligation is established by the Board of the National Bank of Ukraine and enshrined in Resolution No. 8 dated January 2, 2019. When opening and using a bank account of a Ukrainian company, banks require to get and update information about the owners of such a company. In some cases, banks began to require information about foreign counterparties from Ukrainian companies. Our attorney Anastasia Soloviova will tell us below about when such a requirement is justified and what list of issues should be discussed in advance with a foreign counterparty.
Disclosure of information about beneficiary owners in Ukraine: new rules of 2023
In this article, we set out up-to-date information on the rules for disclosing the ownership structure of companies in Ukraine in 2023.
TM, which includes "Ukraine". Peculiarities of trademark registration
The designation "Ukraine" and "UA" as part of a trademark is allowed by the legislation of Ukraine, but for this it is necessary to obtain the consent of the permanent body of the Ministry of Economic Development and Trade (MEDT), namely the Commission on the approval of issues on the introduction of the designation, which contains the official name of the state "Ukraine", to the mark for goods and services. To obtain such a permit, the applicant and his activities must meet certain criteria. This is described in more detail in our article by Tatyana Zhyla, a specialist in the field of intellectual property protection.
“Google tax law” in Ukraine. Procedure of registration of foreign company, providing electronic services as VAT payer in Ukraine
“Google tax law” is the simple informal name of the Law on the Amendments to the Tax Code of Ukraine Regarding Abolition
Registration of a Foreign Company with the Tax Office in Ukraine
On January 1, 2021, the Law of Ukraine of “On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine
Permanent residency for investor in Ukraine
The process of obtaining a permanent residence permit based on investment in Ukraine is time-consuming and involves collecting a lot of documents.
Taxation of real estate in Ukraine in 2022
Below you will find key information about taxation of real estate in Ukraine for individuals who owns property and for legal entities.
Immigration to Ukraine of highly qualified employees in 2022
According to Art. 4 of the Law on Immigration, a foreigner has the right to obtain an immigration permit if he is
Compulsory notification on the ultimate beneficial owner of a legal entity in Ukraine to state registrar
On April 28, 2020 the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Proceeds from Crime, Financing of Terrorism
Tax planning in international secondments
The exchange of employees between companies has become common practice amongst international companies in Ukraine. The word "secondment" no longer attracts the
Import of a car to Ukraine without paying customs duty for those who got permanent residency in Ukraine
According to Article 384 of Customs code of Ukraine the person who obtained permanent residency in Ukraine is entitled to import to
International contracts. Concepts and essential terms
The main requirements and terms of international contracts are defined by the Law of Ukraine “On Foreign Economic Activity” № 960-XII dated
Esports – relevance and future perspective for the provision of legal services for Esports in Ukraine
The development of the Esports industry in Ukraine started in the late 1990’s continuing into the early 2000’s. At first events consisted
Legalization of documents for Ukraine and from Ukraine. Apostille
For purpose of presenting in Ukraine official documents issued abroad, or official documents of Ukraine to other countries, such as extract from
Real Estate in Ukraine. Taxation.
Taxes from the deal: In case of buying, buyer pay usually 1 % (there are two taxes paid – duty 1 %
IT Outsourcing in Ukraine: IP rights protection
The Article is published here http://www.uadn.net/files/ua_hightech.pdf (page 138). Here is it updated according to 2018 law requirements. The updated analytical report on development of