ExplainerNew Look UHY GLOBAL Magazine Issue 20 available now
The latest issue of UHY Global magazine is now available to read online.
Insights
Articles and practical guidance from UHY Prostir specialists on audit, accounting, HR administration, reporting, payroll, tax and legal matters in Ukraine. These materials are for Ukrainian and international businesses, non-profit organizations and teams working on donor-funded and grant-funded projects.
- ExplainerRead
ExplainerReadRepresentative Offices of Foreign Companies in Ukraine: Mandatory Inclusion in the Unified State Register, Recent Legislative Changes, and Action Steps for Businesses
In September 2024 the Cabinet of Ministers changed the rules for representative offices of foreign companies: inclusion in the Unified State Register is now mandatory. We explain the changes and the steps businesses should take.
ExplainerReadWhat Does Setting Up Accounting in a Company Mean
Setting up accounting in a company refers to the process of organizing and configuring an accounting system from scratch or by improving an existing one to meet business needs and legal requirements.
ExplainerReadRestoration of Accounting Records
Maintaining accounting records is the foundation of a stable business operation.
ExplainerReadRelated Audit Services
Every day, businesses face new challenges: changes in legislation, growing regulatory requirements and the need for financial transparency. We explain what related audit services are and when a business needs them.
ExplainerReadAccounting in IT company
An accountant for IT companies is not just a specialist who monitors financial flows, but also ensures transparency in IT accounting.
ExplainerReadHR Record-Keeping for NGOs
HR record-keeping is the foundation for the stable operation of any non-governmental organization (NGO).
ExplainerReadHow to Organize (Manage) Accounting in a Nonprofit Organization: Beginner's Guide
For nonprofit organizations (NPOs), transparency is a key element ensuring accountability.
ExplainerReadAnalysis of Loan Agreements Before Signing
Arranging a loan agreement is an important step that involves long-term financial obligations.
ExplainerReadRegistration of a charitable foundation: steps, instructions, and common mistakes
Creating a charitable foundation is a legally complex process that opens up opportunities for an organization to operate officially.
ExplainerReadSale of an LLC: specifics, stages, and required documents
When it comes to changing a business or exiting it, selling an LLC becomes a key decision that allows you to unlock new opportunities.
ExplainerReadContract Expertise
Legal contract review plays a crucial role in ensuring the reliable operation of a business.
ExplainerReadObjection to a Tax Audit Report
A tax audit often raises concerns among business owners due to potential consequences such as additional tax assessments, fines and even administrative liability for violations of tax laws.
ExplainerReadWork Permit for Foreigners in Ukraine
The process of obtaining a work permit for foreigners in Ukraine is a crucial step for foreign citizens seeking to work legally in the country.
ExplainerReadVerification of Funding Usage and Preparation of Audit Reports
Audit checks are necessary to ensure transparency, accountability and efficiency in the use of financial data for any legal entity.
ExplainerReadLegal Outsourcing
Legal outsourcing (legal support) refers to specialized services aimed at ensuring the legal security of a company’s activities and effective business management.
ExplainerReadDevelopment of an Accounting Policy for Enterprises Under NAS and IFRS
The development of an accounting policy is a vital step for any enterprise aiming to ensure stable growth, transparency in financial matters, and investor trust. It helps standardize processes and ensures compliance with legislative requirements.
ExplainerReadChanges to LLC (Limited Liability Company)
Any business must adapt to change, and LLCs are no exception.
ExplainerReadPersonnel Audit
A personnel audit is a thorough evaluation of a company’s personnel documentation and processes, aimed at assessing their compliance with labor laws and internal regulations. It plays a crucial role in ensuring the stable and secure functioning of a business.
ExplainerReadAudit of Grant Funds Usage
The audit of grant fund usage is a key element in ensuring transparency in the implementation of social, educational, cultural,and environmental projects funded by grant providers (donors) for non-profit organizations.
ExplainerReadUHY-Prostir Partnered with the Conference "Living on Interest"
On November 9 Kyiv hosted the conference "Living on Interest," with UHY-Prostir as an event partner.
ExplainerReadAccounting for Diia City Residents
Obtaining the status of a Diia City resident unlocks new opportunities for companies, providing significant advantages in accounting and taxation.
ExplainerReadAudit of Diia.City Residents’ Reporting
The Diia.City residency status provides companies with several benefits, including a special tax regime, the ability to enter into gig contracts with employees and other regulatory simplifications. This status is becoming increasingly popular among Ukrainian companies, especially in the IT sector.
ExplainerReadSalary Calculation for Employees of a Non-Governmental Organization
Since non-governmental organizations (NGOs) do not generate commercial profits, their funding largely depends on grants, donations and support from donors.