A mandatory audit is an audit of the financial statements of companies that by law must publish or file them with an auditor's report (Art. 1(1)(16) of the Audit Law, Закон № 2258-VIII). Key Solutions in Kyiv checks whether your company falls…
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Published 6 November 2019. Some rules have changed since; ask us for the current position.
Draft Law No. 2338 sets new income limits for individual entrepreneurs (FOP, фізичні особи-підприємці) in single tax groups 1, 2 and 3: UAH 1 million for group 1, UAH 5 million for group 2 and UAH 10 million for group 3. All of this is expected to take effect from the beginning of 2020.
Single tax rates for group 1 payers
The proposed rate is 0% for household services and 10% for all other activities.
As a result:
more entrepreneurs will be on the simplified…
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Published 11 June 2019. Some rules have changed since; ask us for the current position.
Sooner or later, every business reaches the point where it has to amend its charter (статут) and register the changes in the manner required by law. In particular, changes to the charter of a limited liability company (LLC, ТОВ) or a company of any other legal form must be registered when:
its types of activity change or expand;
its founders change;
its share capital changes or the members' shares in it are redistributed.
In…
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Key Solutions audit firm provides outsourced accounting services in Lviv. If you work with us, you will not need to hire an in-house accountant.
What does accounting support for a commercial business in Lviv include?
We offer a wide range of services:
filing reports;
chief accountant services;
internal reviews;
payroll accounting;
support for non-profit organisations;
bookkeeping for individual entrepreneurs (FOP);
bookkeeping for trading companies;
accounting…
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Published 23 May 2019. Some rules have changed since; ask us for the current position.
Employment issues are a pressing problem in Ukraine: the Labour Code (KZpP) is breached more often than any other law. Wages paid entirely off the books are rare, but hiring staff officially on the minimum wage and paying the rest informally still happens. Late payment of earned wages is also common. Anyone who works as an employee should know how to protect themselves. Accountants, in turn, are required to calculate compensation for late wage payments correctly. An employer that complies with…
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