The government has ensured the implementation of the “single window” mechanism at customs, which was introduced by Law No. 2530-VIII, by optimizing control procedures for the movement of goods across the customs border of Ukraine. Resolution No. 960 of October 24, 2018 approved: – a…
Category: News
The new Law on auditing began to apply
The Law “On Auditing” has become invalid. Law No. 2258-VIII “On the Audit of Financial Reporting and Auditing” defines the legal basis for auditing financial reporting and auditing activities in Ukraine and regulates relations arising from its implementation. Changes to the Code of Administrative Offenses…
The mechanism for reserving currency forward and futures transactions is settled by the National Bank of Ukraine
Ukraine is introducing a new mechanism for creating reserves for foreign exchange forward and futures transactions, which can be used if necessary, to ensure financial stability. This tool prevents the system risks associated with entering into contracts, the variable of which is the exchange rate…
The MED initiates the legalization of cryptocurrencies
Legalization of cryptocurrencies in Ukraine: the Ministry of Economic Development initiates the adoption of the Concept of State Policy in the Field of Virtual Assets. The purpose of the Concept is to create understandable conditions for conducting activities in the field of virtual assets and…
National Bank of Ukraine left the discount rate at 18%
The NBU Board decided to leave the discount rate unchanged at 18% per annum. The regulator considers the projected monetary conditions tough enough to ensure a reduction in inflation to the medium-term target of 5% in 2020. In the case of maintaining the intensity of…
Electronic tax audit is to be launched in full by 2020
Electronic tax audit: the State Fiscal Service (SFS) supports the government’s course on preventing unreasonable inspections, reducing pressure on business and stimulating the development of entrepreneurship by introducing a transparent risk-based control system. Thus, employees of the fiscal service are working on the introduction of…