New rules for the submission of information about the final beneficial owners

The Law No. 361-IX on counteracting the legalization (laundering) of proceeds obtained from crime, which came into force on April 28, amended the provisions of the Law "On State Registration of Legal Entities, Individuals - Entrepreneurs and Public Formations".

How to close an individual enterpreuner online via “Diia”?

Individual entrepreneurs during the quarantine can be closed without leaving home by using the service of the portal "Diia".

The period of chamber inspections has been temporarily extended

The Law of Ukraine of March 30, 2020 No. 540-IX on providing additional social and economic guarantees in connection with the spread of coronavirus disease (COVID-2019) made important changes to the Tax Code of Ukraine regarding tax audits. In particular, for certain cases, a temporary extension of the general period of desk inspections set out in article 76, paragraph 76.3, of the TCU is provided.

The Single Account for Taxes and Fees will be effective since 2021

On April 18, Law of Ukraine No. 559-IX of April 13, 2020 "On Amendments to Certain Legislative Acts of Ukraine on Introduction of a Single Account for Payment of Taxes and Fees, a Single Contribution to Compulsory State Social Insurance" came into force, except for some provisions.

Small businesses will be able to pay 0% on existing loans

The Cabinet of Ministers has improved the program "Available loans 5-7-9%" in order to support the business during quarantine.

Among the major changes accepted in the program there are increasing of the maximum loan amount to UAH 3 million, expanding the list of investment lending objectives and refinancing opportunities at 0%.

Deadlines for filing and reviewing tax complaints have been revised

Having received many queries from taxpayers on quarantine innovations, taxpayers published Information sheet No 9 explaining whether the deadlines for filing and reviewing taxpayer complaints had changed in the procedure for appealing against decisions of regulatory bodies.