VAT Rules Updated for Certain Transactions

From 01 January 2026, updated rules for value added tax on certain transactions in the fields of transport, defence technologies and energy infrastructure restoration will come into force in Ukraine, according to the State Tax Service of Ukraine. The updates provide for a review of…

Introduction of Electronic Employment Contracts

On 15 January 2026, the Verkhovna Rada of Ukraine adopted Draft Law No. 14141 on electronic document management in employment, which creates the legal conditions for concluding employment contracts in electronic form. The Draft Law proposes to revise part four of Article 24 of the Labor…

The schedule of documentary planned inspections for 2026 has been approved

On 24 December 2025, the State Tax Service of Ukraine published the schedule for documentary planned inspections of taxpayers for 2026, covering approximately 4,600 business entities, including legal entities and individual entrepreneurs. Of these: over 3,000 are business entities – legal entities; over 1,000 are…

New Procedure for Submitting Annual Reports for Financial Monitoring Entities

From 01 January 2026, the Ministry of Finance of Ukraine introduces a new procedure for submitting annual reports by primary financial monitoring entities (PFMEs). From this date, annual reports will be submitted exclusively online, and the deadlines for submission have been extended. These changes were…

NBU Introduces Eased Currency Restrictions

From 14 January 2026, the National Bank of Ukraine (NBU) eases several currency restrictions and clarifies the rules of currency regulation to support businesses, as established by the NBU Board in Resolution No. 2 “On Amendments to Resolution of the Board of the National Bank of…

Ukraine's State Budget For 2026 Has Been Approved

On December 10, 2025, the President signed the Law of Ukraine 4695-IX dated December 3, 2025 on the State Budget of Ukraine for 2026. State budget revenues will amount to UAH 2.92 trillion, including UAH 30 billion from increasing the bank profit tax from 25%…