ExplainerNew LLC Law: Articles of Association Requirements and the Model vs. Custom Choice
What does the new LLC law change for a company’s articles of association? We compare the model charter with a custom one and explain how to choose.
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
ExplainerReadAccounting for Digital agencies
In the modern business environment it is hard to imagine a company not being represented in the Internet.
ExplainerReadAccounting for IT-companies
The spread of technologies like artificial intelligence, deep learning, chatbots, neural networks, blockchain and cryptocurrency has transformed the way we live.
ExplainerReadAccounting for medical organizations
UHY Prostir has worked with medical organizations for many years. We describe what accounting for private medical facilities involves and where the industry-specific risks lie.
ExplainerReadAccounting for private educational organizations
Market of private educational services is one of the most dynamically developing in Ukraine.
ExplainerReadAccounting for representative offices of foreign pharmaceutical companies
Foreign pharmaceutical companies perform their activity on the territory of Ukraine in different ways.
ExplainerReadLegal services for Digital Agencies
In the 21st century, most products and services are found and bought online, so a well-run digital marketing effort can give a company a real edge in its market.
ExplainerReadLegal Services for IT Companies in Ukraine
Ukraine’s IT industry grows more important every year: it creates jobs, generates tax revenue and strengthens the country’s reputation on the world stage. At the same time, technologies such as blockchain and cryptocurrency pose a challenge for lawyers, because the law does not yet regulate them.
ExplainerReadLegal Services for Private Educational Institutions
Demand for private education in Ukraine keeps growing, as state schools no longer fully meet the fast-changing needs of pupils and their families.
ExplainerReadLegal Services for Representative Offices of Non-Resident Pharmaceutical Companies
We consider the legal support of the non-resident pharmaceutical companies in Ukraine to be our priority, with our lawyers’ extensive experience in this field.
ExplainerReadDue Diligence
Sometimes a moment comes, usually after certain period of company’s existence and strengthening its market position, when the owners may take a decision to sell it.
ExplainerReadTax audit and tax risks computation
Although financial (bookkeeping) accounting and tax accounting have grown closer in recent years, and despite their apparent similarity, many factors still support treating them as two distinct types and systems of accounting.
ExplainerReadTax Legal Advice
Ukrainian tax law does not answer every question directly: in our court practice, we have often seen matters with essentially the same facts treated differently by different judges or tax authorities.
ExplainerReadThe Language Law: What Businesses Need to Prepare For
Regarding business inspections, by law, the Commissioner has the right only to request and receive copies of documents, not to directly visit private organizations and enterprises. Detected violations of the new language law are recorded in a corresponding Act and Protocol.
ExplainerReadCorporate Law Services and Business Registration
Corporate law is an integral part of the activities of any business organization.
ExplainerReadEmployment Law Consulting
The driving force of a company is its people – employees whose goals are synchronized with the company's priorities.
ExplainerRead24/7 Banking Operations
The National Bank has been considering the possibility of switching the Electronic Payment System (EPS) to 24/7 operation for several years, but recent events indicate that the regulator is gradually moving towards implementing what was planned.
ExplainerReadAccommodation Payments for Non-Residents
Many companies, especially international ones, may engage not only citizens but also specialists from various countries around the world who are non-residents of Ukraine. In most cases, domestic companies take on the responsibility of resolving housing issues.
ExplainerReadAdvertising Campaign Costs
Today, social networks are not only platforms for communication but also a very effective means of promoting any type of product or service.
ExplainerReadAre Payments to Non-Resident Individuals Subject to Taxation?
Legal entities (both commercial enterprises and non-profit organizations) sometimes need to engage non-resident individuals to provide certain professional services, such as: services of trainers, lecturers, article editors, layout designers, etc.
ExplainerReadAutomotive Company Branding
If your company has corporate vehicles, you have probably considered branding the car, i.e., placing images or inscriptions on it that would identify and distinguish your company, or the products or services you produce.
ExplainerReadCertificate Confirming Non-Resident Status with an Electronic Apostille
Can a certificate confirming non-resident status be submitted with an electronic apostille? More and more of our clients face this question — we explain what the rules say.
ExplainerReadCorporate Agreement under the New LLC Law
The new law on limited liability companies introduced the corporate agreement. We explain what it is and how companies can use it.
ExplainerReadCriteria for Classification of Accounts Receivable
In this article, we will try to understand the criteria for classifying accounts receivable for goods (works, services) into current and non-current according to the requirements of Ukrainian National Accounting Standards (NAS).