Payment of dividends of the Ukrainian LLC should be supported by the Ukrainian lawyer, which shall perform the following:
- Receive the information according to the questionnaire from the Client.
- Adjust of necessity to pay advanced corporate tax according to the p. 57.1.-1 of the Tax code of Ukraine (if applicable).
- Issue power of attorney for representatives of participants-legal entities (if necessary).
- Draft the Decision / Protocol of the shareholders meeting on the payment of dividends (a sample can be found here).
- Agree the Decision / Protocol on the payment of dividends with the accounting department of the company.
- Draft an Order of the CEO of the LLC on the payment of dividends (after voting and signing the Decision / Protocol).
- Approve by the bank of transfer wire to the foreign shareholders abroad (if necessary), including taxation of the dividends from Ukraine paid out for the foreign shareholder.
- Transfer documents to the client and report back to the management.
By controlling himself according to this checklist, the lawyer will be able to efficiently and as quickly as possible accompany the payment of dividends to the LLC.
Below we present successfully implemented major projects in the field of dividend distribution (accounting since 27.08.2025):
Other legal advices on the topic:
How to incorporate LLC in Ukraine
Invoice template for Ukrainian freelancers
Taxes of LLCs and employees in Ukraine