On April 7, 2026, the Verkhovna Rada of Ukraine took a further step toward European integration by adopting Draft Law No. 12221 in its second reading and in its entirety. This refers to the Law “On Amendments to Certain Laws of Ukraine Regarding the Harmonization of the Sphere of Accreditation of Conformity Assessment Bodies and […]
On 7 April 2026, the Verkhovna Rada of Ukraine took another step towards European integration by adopting The Law “On Amendments to Certain Laws of Ukraine Regarding the Harmonisation of the Accreditation of Conformity Assessment Authorities and the System of Technical Regulation with European Union Requirements”. The Law forms part of Ukraine’s broader European integration […]
As from 2026, a new regulatory model governing the activities of credit institutions from third countries (i.e., non-EU jurisdictions) is being introduced within the legal framework of the European Union. Member States are now required to apply the transposed provisions of Directive (EU) 2024/1619, which obliges them to adopt and publish the national measures necessary […]
Within the European Union and the Organisation for Economic Co-operation and Development, a system of automatic information exchange regarding income generated through digital platforms has long been in place. The introduction of these rules, known as DAC7, has for several years been viewed as one of the key elements of tax reform in Ukraine. In […]
Ukraine’s active course towards European integration requires the harmonization of national tax legislation with the legal framework of the European Union. One of the key elements of this policy is the implementation of the European Union Anti-Tax Avoidance Directive (ATAD). The introduction of ATAD represents an integral part of Ukraine’s commitments within the framework of […]
The legal framework governing the financial sector and digital assets within the European Union has become more structured, establishing clear legal boundaries between traditional payment operations, electronic money, and crypto-assets. Companies intending to provide services in the European Union’s fintech and digital asset markets must select an appropriate licensing model. At present, the most common […]
We continue to share timely updates on legislative developments, and today we would like to draw your attention to the repeal of the Commercial Code of Ukraine, along with practical recommendations regarding the next steps in light of the newly adopted legal framework. On 28 August 2025, a landmark reform took place for the Ukrainian […]
We continue to share insights on recent developments in tax legislation and hereby present a brief clarification regarding the introduction of the e-audit system (SAF-T), which has recently become the subject of inquiries. As part of the process of modernizing tax administration and enhancing control efficiency, the State Tax Service of Ukraine (STS) is actively […]
We would like to share our vision about certain issues of determining of the Transfer Pricing related arm’s length method, based on practical examples, as this topic has recently become the subject of client inquiries. We hope that this information will provide useful practical insights and help to avoid potential mistakes in structuring future transactions. […]
We would like to remind that October 1, 2025 is the deadline for submission of the Report on the Controlled Transactions for the year 2024. Failure to comply with this obligation can lead to significant financial consequences: pursuant to paragraph 120.3 of Article 120 of the Tax Code of Ukraine, the penalty for non-submission, or […]