Increasing the deadline for settlement of export-import operations

28/07/2022

Resolution No. 113 of the Board of the NBU, which came into force on 8 June 2022, extended the settlement period for export-import operations from 90 to 120 days.

Such changes will apply to all operations of the export and import of goods carried out from 5 April 2022.

For operations that were carried out before 5 April 2022, the maximum settlement terms are 365 days.

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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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