Ukrainian accounting firms are divided into two groups – local and international. You can expect from a serious local accounting firm to perform the following tasks: – take over the accounting work-flows of a freshly registered or already operating Ukrainian company or a private entrepreneurship; – calculate the taxes and submit the respective reports to … Read More …
Category Archives: Tax Aspects Ukraine
VALUE ADDED TAX in Ukraine (since 2011)
Rules for the Ukrainian VAT. The principle of the Value Added Tax is handled by the Ukrainian tax authorities is basically the same as in the globalizing business world. VAT amounts to 20% and is applicable depending on the art of activities and the volume of particular business. VAT is reported monthly. Pursuant to the current … Read More …
PROFIT TAXATION IN UKRAINE. 2012
PROFIT TAXATION IN UKRAINE There are two taxation systems applied for Ukrainian legal entities. For the practical reasons you are most likely to choose the common system also used by most local businesses. Representative offices of foreign companies do not have a choice, but pay taxes on the general basis. General Taxation System General corporate … Read More …
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