Tax Risks in Ukraine for Non-Resident
24 May, 2024
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Interlegal specialists prepared a legal opinion analyzing the tax risks and corporate structure of the Client’s business. This included assessing risks related to the recognition of a permanent establishment in Ukraine and the place of effective management in Ukraine.
Recommendations were provided to address tax risks and update the corporate structure of the business.
Additionally, an analysis of the Client’s tax residency was conducted in relation to the rules governing Controlled Foreign Companies (CFC). Interlegal lawyers concluded that the Client is a tax resident of Ukraine and, as such, is required to submit CFC reports for the 2022 and 2023 reporting years by May 1, 2024.
As a result, the Client received comprehensive answers to a wide range of questions related to tax risks for a company engaged in international business.
The project was handled by the Interlegal team, including lawyers Dmytro Bondar and Ihor Danyliuk, and Junior Associate Yelyzaveta Komendantova, under the leadership of Partner Irina Voyevodina.
Interlegal lawyers will provide guidance on tax legislation and offer necessary recommendations to ensure you can confidently and securely manage your business.
