On 24 May 2021, the President of Ukraine signed the Law “On Amending the Land Code of Ukraine and Other Legislative Acts to Improve the Management and Deregulation System in the Sphere of Land Relations”. Among other things, this law…

On June 14-18, the virtual business trip to Ukraine for German companies in the field of innovative technologies (Industry 4.0) will take place. The event is organised by DREBERIS (Dresden International Strategy Consultants), a German consulting organization, with the support…

1. Overview 2. Simplified tax system in Ukraine 3. Corporate income tax   One of the most important aspects that foreign investors focus on when considering Ukraine as a place for doing business, despite the economic situation in the country,…

1. Taxpayers 2. Rate 3. Tax base Taxpayers The personal income tax (PIT) is paid by resident and non-resident individuals and tax agents. Rate PIT rate is 18%, while PIT rate for dividend payments is 5%. Note! For income in…

1. Taxation of non-residents 2. Taxation of the activity through permanent representative offices Taxation of non-residents The income of non-resident legal entities derived from Ukrainian sources of origin is taxed by corporate income tax (CIT) at the rate of 15%….

1. Transfer pricing 2. Thin capitalization rules Transfer pricing For the purposes of correct corporate income tax (CIT) taxation, the control has been established over: related-party transactions (it concerns the persons who, among other things, have at least 25% of…

The Investment Guide focuses on the general regulations in the most commonly referred areas of the Ukrainian law, including foreign investment protection, M&A, corporate law, customs regulations, labour law, real estate, taxes, IP protection, dispute resolution, etc.

In this article for the ULF Handbook (in English), Igor Dykunskyy, LL.M. and Yaroslav Anikeev discuss the current regulations of the renewable energy sector of Ukraine, including the feed-in tariff rates and its applicable premium, latest trends in the legal framework,…

1. Taxpayers 2. Rate 3. Tax base 4. Adjustment of financial results 1) Amortization 2) Reimbursement for future expenses 3) Doubtful debts Taxpayers Corporate Income Tax (CIT) is paid by the resident companies, which receive income in Ukraine as well…

1. Taxpayers 2. Rate 3. Tax base 4. VAT refund Taxpayers The taxpayer is obliged to register as a VAT payer if the aggregate value of supplied goods or services exceeds UAH 1 million (approx. USD 36 thousand / EUR 30…