ExplainerMaternity Leave 2024: What Women Need to Know
The period of pregnancy, childbirth, and childcare is important for every woman.
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
ExplainerReadHow to Correctly Draft an Advertising Services Contract with a Blogger
49% of internet users claim they are more likely to buy brands they see advertised. It’s effective, it’s popular. But how to achieve the desired results? And how to avoid encountering a dishonest blogger?
ExplainerReadWhat Should Food Establishments Do When Customers Refuse to Present COVID-19 Documentation?
The decision to classify the city of Kyiv as a "red" zone was adopted by the State Commission for Emergency Situations on October 28, 2021, in accordance with Protocol No. 42.
ExplainerReadStricter Quarantine Measures in Kyiv: Red Zone Restrictions Effective November 1, 2021
From November 1, 2021, at 00:00, a "red" level of epidemic danger for the spread of COVID-19 has been established in the city of Kyiv.
ExplainerReadHow to Outsource Payroll
Key aspects of payroll outsourcing Timely and correctly paid salaries are one of the main factors that can motivate your employees to work productively.
ExplainerReadAdditional Parental Leave: Who is Eligible?
Leave is a great opportunity to relax and gain strength for new work ideas.
ExplainerReadSole Proprietorship for IT Professionals: A Comprehensive Guide to Foreign Economic Activity and Foreign Currency Banking
Foreign Economic Activity for FOP Group 3: What You Need to Know As of 2021, Group 3 is actively used for IT FOPs, less often Group 2.
ExplainerReadIT Sole Proprietors: Selecting Activity Codes and Tax Compliance
What are the peculiarities of accounting for FOPs in IT IT business today is the most modern and innovative in Ukraine.
ExplainerReadHow to Properly Submit Ultimate Beneficial Owner Information
Companies must submit information about their ultimate beneficial owners. We explain the procedure and the deadlines.
ExplainerReadHow to set up IT Outsourcing to Ukraine
The IT sphere has become one of the most promising in Ukraine in the last decade. Primarily, it concerns export-oriented outsourcing segment.
ExplainerReadElectronic Employment Records 2021: What They Are and How They Work
The introduction of electronic employment record books is another step towards the implementation of digital technologies in Ukraine.
ExplainerReadHow to Transition to Electronic Document Management
Should a Company Switch to Electronic Document Management? We are all accustomed to paper-based document management: it's clear and convenient.
ExplainerReadHow to File Your 2021 Income Tax Return and Claim a Tax Deduction
We offer services for filling out and submitting the annual income and property declaration for 2021.
ExplainerReadHow to Properly Terminate an Employee: Employer-Initiated
If, for one reason or another, you need to terminate an employment contract with an employee, i.e., dismiss an employee, we advise you to do so in accordance with the law.
ExplainerReadHow to Properly Reimburse Business Travel Expenses in 2021
Daily wage is calculated based on the salary provided for by the employment (collective) agreement. This is the usual salary for a working day that an employee would receive if not on a business trip. Average daily wage is calculated a little more complexly.
ExplainerReadHow Sole Proprietors Can Choose the Right Bank for a Business Account
What you need to do before choosing a bank to open an account: Analyze the reliability rating of banks. This important point will help you protect yourself from unreliable and problematic banks. Quarterly, the Ministry of Finance assesses the rating of stability of Ukrainian banks.
ExplainerReadSole Proprietor's Personal and Business Accounts: Proper Usage
Can a sole proprietor use a personal account for business? We explain which types of bank accounts exist and how to use them properly.
ExplainerReadKyiv's New Lockdown: Restrictions for Restaurants and Retailers Effective March 20, 2021
In spring 2021 Kyiv tightened lockdown restrictions for restaurants and retailers. We summarize the new rules for business.
ExplainerRead9 Rules for Accountants in IT Companies
Guide for Accountants in IT How to distinguish an outstanding accountant from a boring bore?
ExplainerReadExecuting a Used Car Sale and Purchase Agreement and Registering the Vehicle to the New Owner
The practice of buying a used car is very common in Ukraine.
ExplainerReadHow to open a bank account in Ukraine
Opening a bank account is one of the most common procedures in the sphere of banking and finance in Ukraine.
ExplainerReadHow to Claim Your Tax Deduction
The declaration of income by individuals can be carried out not only to fulfill the obligation to pay tax to the budget, but also to enable the refund of previously paid amounts of personal income tax (hereinafter – PIT). This can be done by exercising the right to a tax rebate.
ExplainerReadAvoiding Tax Issues for LLCs Contracting with Group 2 Simplified Tax Sole Proprietors
Prostir Accounting Services Company provides accounting services for Ukrainian and international companies, representative offices, non-profit organizations and foundations, and sole proprietors (FOP).
ExplainerReadKVED Explained: Selecting Economic Activity Codes for Sole Proprietors
Every entrepreneur faces the question of choosing NACE codes during registration.