SCHNEIDER GROUP News
Satellite internet systems, inverters, and transformer parts are once again exempted from import duties and VAT
12/06/2023
Based on the resolution of the Cabinet of Ministers of Ukraine dated May 19, 2023, No. 501, the previous resolution of the Cabinet of Ministers of Ukraine dated November 29, 2022, No. 1340 has been reinstated for business entities that have fully or partially paid the previous advance payment under the concluded contracts for the importation of goods specified in the mentioned resolution by April 1, 2023.
Statement for compensation for the destroyed real estate object
12/06/2023
The Law of Ukraine No. 2923-IX of February 23, 2023, which establishes the legal and organizational principles for providing compensation for damage and destruction of certain categories of immovable property as a result of hostilities, terrorist acts, and sabotage caused by the armed aggression of the Russian Federation against Ukraine, has entered into force on the 22nd of May 2023.
Deadline for payment of vacation pay
09/06/2023
A draft law No. 9309 "On Amendments to Certain Legislative Acts of Ukraine Regarding Deadlines for Payment of Vacations" has been registered in the Verkhovna Rada of Ukraine.
Common Reporting Standard (CRS)
09/06/2023
Starting from July 1, 2023, financial institutions in Ukraine are required to implement measures for comprehensive due diligence in order to identify reportable accounts in accordance with the Common Reporting Standard (CRS). Additionally, they must submit an annual report on reportable accounts to the State Tax Service (STS) by July 1 of each year.
The National Bank of Ukraine established the criteria for assigning financial market participants to the category of critical importance
05/04/2023
The National Bank of Ukraine has determined the criteria for classifying financial market participants as institutions that are important for the national economy, which will be applied to the financial services market.
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About SCHNEIDER GROUP
Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.
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