According to the results of a tax inspection, an inspection report shall be drawn up (in case of detection of violations of the tax legislation in the enterprise’s activity) or a certificate (in the absence of such violations). After 10 working days from the date when the inspection report was given to the company, the…
Obtaining a loan/a credit from a non-resident by Ukrainian company
For obtaining a loan/ a credit from abroad, it is sufficient to coordinate this financial transaction with the resident’s servicing bank in Ukraine. For the coordination of a loan / a credit from abroad, it is required to submit a loan / a credit agreement to the bank and confirm the “purity” of this transaction…
Violation of 365 days currency exchange rules in Ukraine
With the entry into force of the Law of Ukraine “On Currency and Exchange Transactions”, the procedure for effecting settlements on import / export transactions has changed significantly. Thus, according to the aforementioned law, the income of residents in foreign currency shall be placed to their accounts within 365 calendar days from the date of…
Legal issues of how IT-freelancers work in Ukraine
This memo describes only the activity of a freelancer in Ukraine, who works independently, i.e. finds the job through the Internet, performs it independently and delivers it to the customer via the Internet. Registration as an entrepreneur An individual (private) entrepreneur is the most profitable and widespread form of work of freelancers. The registration…
Adoption of a child by a foreigner in Ukraine
Who can be an adopter of a child in Ukraine An adopter of a child may be a legally capable person at the age of at least twenty-one years old, except when the adopter is a relative of the child. An adopter may be a person older than the child, whom he/ she wishes to…
Foreigners’ title to land in Ukraine
The law firm “Zilver” often files enquiries from foreign businesspeople and private entities concerning the land acquisition and leasehold in Ukraine. This is why, we have decided to list here the main theses of the Ukrainian legislation as regards the possible ways of purchasing and leasing land in Ukraine by foreigners. Agricultural land holds particular…
Obtaining permit for permanent residence in Ukraine
According to the current legislation of Ukraine, the foreigners, who have made investments in the amount of 100,000 US dollars in the economy of Ukraine, can obtain a permit for permanent residence in Ukraine (also: “residence permit”, hereinafter referred to as the residence permit). Obtaining a residence permit includes 3 stages: registration of a company/…
Who can get a temporary residence permit in Ukraine?
Foreigners or stateless persons, who legally reside in the territory of Ukraine and who reached the age of sixteen or did not reached the age of sixteen, but arrived in Ukraine for the purpose of studying without being accompanied. Grounds for obtaining a temporary residence permit – employment (more about reqired documents for temporary residence…
Work permit for foreigners in Ukraine
If a foreigner wishes to be employed in Ukraine, he/she has to obtain a work permit. It means that the permission has to be obtained both when the foreigner is employed by the Ukrainian company and when he/she is employed by a foreign company but works for the Ukrainian company within the relevant contract between…
The obligation of a foreigner to support his child (alimony for foreigners according to the Ukrainian legislation)
According to Cl. 180 of the Domestic Relations (Family) Code of Ukraine, parents, irrespective of being Ukrainian or foreign, are to support their child until his or her coming of age (18 years old). This obligation is not affected by the fact whether the parents live together as one family or are divorced. They define…