Multinationals in Ukraine: our tax and legal solutions tailored to your needs

Electronic document management (EDM)
 

Your needs

• Does your company still have a paper-based document workflow?
• Has the document signing become more complicated due to the war in Ukraine?
• Has the risk of document loss increased?
   

Our solutions

• Review of the current document flow processes
• Preparation of recommendations for the optimization of electronic document flow from the tax, legal, and operational perspective
• Full-scope tax and legal support with the preparation of documents necessary for the transition to EDM
   

Transfer pricing: Losses incurred during the war
 

Your needs

• Did the war have a significant impact on the business of the Ukrainian subsidiary?
• Have any assets been damaged or destroyed?
• Does the company sustain operating losses?
   

Our solutions

• Assessment of the war impact on the company’s business
• Preparation of the defense file substantiating the losses from the transfer pricing perspective
• Preparation of TP documentation based on the defense file
   

Authorized economic operator (AEO)
 

Your needs

• Does your company want to simplify and speed up customs clearance?
• Are you able to do customs clearance in your warehouse lowering financial guarantee requirements and other benefits?
   

Our solutions

• Comprehensive support in obtaining the AEO status, including:
• Filling out a self-assessment questionnaire
• Review and development of internal processes
• Support during assessment of the company’s eligibility by customs authorities
   

Foreign currency transfers
 

Your needs

• Is the company’s business affected by the foreign currency transfer restrictions?
• Do the relevant agreements need to be amended to comply with the legislation?
• Do you need support in communication with a servicing bank regarding transfers and other matters related to currency supervision?
   

Our solutions

• Review of the company’s agreements
• Advice on the existing foreign currency transfer restrictions
• Support with amending/redrafting agreements to comply with the applicable legislation
• Communication with the servicing banks regarding transfers and other
   

Standard audit file – Tax (SAF-T)
 

Your needs

• Does your company have a large taxpayer status in Ukraine?
• Is your company included in the schedule of full-scope tax audits? When was the last tax audit – in 2021 or earlier?
• Your company may be subject to SAF-T compliance, which requires the collection and transformation of data from various systems and sources within a short period of time.
   

Our solutions

• We offer an end-to-end SAF-T reporting solution that ensures compliance with regulatory requirements.
• Our solution supports clients in collecting and preparing all the data required, combined with robust software capabilities to transform massive amounts of data from multiple sources into a ready-to-file SAF-T report.
   

“Deemed dividends” on the transfer pricing adjustments
 

Your needs

• Did you make or expect to make TP adjustments on trade transactions, interest or royalty payment with/from related Ukrainian counterparty?
• Do you plan to reduce an authorized capital or buy back shares of a Ukrainian subsidiary?
• Does your trade, loan or license agreement with a Ukrainian related counterparty contain remedy clause for the case of additional tax burden in Ukraine?
   

Our solutions
 

• TP adjustments and certain capital transactions are taxable in Ukraine, but the application of double tax treaties may provide with relief.
• We assess risks (pre- and post-transaction), advise on the application of relief and the documents required.
• We review relevant agreements for remedy clauses, if any, and advise on possible solutions for reimbursement of tax.