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…