ExplainerInvestment Income – Where to Report and What to Pay
Dividends, asset sales and rent in Ukraine follow different tax rules. From October 23, 2026, PIT on rent from residential and non-residential property is 5%.
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
ExplainerReadUHY Prostir: Your Accounting in Reliable Hands
We offer a comprehensive solution for payroll management and accounting on the SAP Business One platform, localized for Ukraine by TG Consulting.
ExplainerReadFinancial Transparency of a Company and How to Achieve It
In today’s dynamic business environment, financial professionals, managers, and business owners utilize various resources and tools for company development and management. One of these essential aspects is financial transparency.
ExplainerReadDismissal of employees during martial law
It is important for managers and business owners to navigate the basic rules of labor law in order to guarantee (declare) compliance with the rights of employees in your company and avoid unnecessary risks regarding the calculation of fines for non-compliance with labor law.
ExplainerReadDoes the company risk having employees who work remotely abroad during martial law? What about the wages of such workers?
Many Ukrainians left abroad because of the war, and still continue to leave. When an employee leaves, it is a certain test for the employer.
ExplainerReadDo mobilized workers need to be paid and what job guarantees do they have after military service?
In the conditions of martial law, almost every Ukrainian company is faced with the fact that workers are being mobilized.
ExplainerReadTransition to a simplified tax system for legal entities: what you should know
Business owners and managers turn to our company to help them choose the optimal tax system for their company.
ExplainerReadChoosing the optimal taxation system for running a business in Ukraine
When clients turn to us for recommendations on which tax system to choose for doing business in Ukraine, we usually provide a list of key criteria that will help them independently determine the most optimal option.
ExplainerReadHow to save jobs during martial law?
I think that every company, public or charitable organization (NGO) in Ukraine, which worked until 2022 and is working now, at least once faced the question of saving jobs. It is possible to do this during martial law.
ExplainerReadMobilization of an employee: documentation and settlements with such an employee
Given the current circumstances, the presence of a mobilized employee in the company's staff becomes more real than imaginary.
ExplainerReadHow can a manager ensure that wages and taxes are calculated without errors
Managers, business owners and NGOs often contact our company with the question - How to make sure that wages are calculated without errors?
ExplainerReadWhere does proper personnel accounting in business begin.
Our company often receives requests from managers and business owners about how to properly organize effective personnel accounting in compliance with all the requirements of current legislation.
ExplainerReadHow to achieve effective internal communication
Without effective internal communication, companies struggle to innovate, collaborate and grow. We look at how to make communication between departments work.
ExplainerReadHow to open bank a account for a public organization and decide who will keep the accounting records
In the previous article, we reviewed the main procedure of public organization registration in Ukraine, a list of the documents needed and the stages of the procedure.
ExplainerReadWhat an NGO Leader Needs to Know About HR Record-Keeping During Martial Law
During martial law, HR record-keeping has its peculiarities for leaders of non-governmental organizations.
ExplainerReadWhat You Need to Know About Fixed-Term Employment Contracts
For every business entity, it is important to establish an effective system of functioning and interaction between the employer and employees.
ExplainerReadBuying a finished (existing) business in Ukraine during the war
This is the time when it is possible either to sell your business and start doing something completely new, or to try to buy an existing profitable business the owners of which have decided to change the sphere or have chosen another market for their further development.
ExplainerReadHow to register the NGO in Ukraine: the procedure of registration and obtaining the taxpayer status
The previous article discussed a list of the main NGO registration forms.
ExplainerReadWhat should NGOs take into account while working with Sole Proprietors (FOP) in Ukraine
As we promised in the previous article, we keep on introducing NGO activities to you, their peculiarities in accounting, and in relations with other business entities on the market of Ukraine. Today we will speak about the cooperation of NGOs with sole proprietors - (FOP).
ExplainerReadA driving force for positive change
We are all in business for a purpose. Businesses exist to create and sell products or services and, by doing so, to make profit.
ExplainerReadWhat Managers and Accountants of NGOs Have to Know about Accounting, Taxes and Tax Reporting in Ukraine
Managers and accountants of NGOs often refer to our experts to enquire about the reports NGOs have to submit to government agencies, and the deadlines.
ExplainerReadProject Accounting for Non-Profit Organizations: Accounting Principles
In these challenging times, as we face new challenges due to Russia’s full-scale military aggression against Ukraine, the role of the non-profit sector in overcoming its consequences and assisting vulnerable populations is growing.
ExplainerReadCash Registers (RRO/PRRO) for Sole Proprietors in 2022: Installation Requirements, Penalties, and How to Appeal Them
From January 1, 2022, most individual entrepreneurs are required to use fiscal registrars (RRO/PRRO). We cover the installation requirements, the fines and how to appeal them.
ExplainerReadA Step-by-Step Guide to Documenting Maternity Leave and Return to Work in 2024
In accounting practice, the issues of documenting maternity leave and calculating maternity benefits are always relevant.