FINANCE
Tax authorities clarify PRRO registration rules for online stores
Businesses engaged in online sales must clearly identify their business unit when registering a software-based registrar of settlement operations (PRRO). Tax officials emphasize the need to submit relevant information using form No. 20-OPP.
other materials in the section FINANCE
Key Financial Indicators of Ukraine: Banking Results and Tax Changes
The Verkhovna Rada committee has recommended adopting bills on parcel taxation, while Ukrainian banks earned 62.5 billion UAH in profit over the first seven months of 2026. At the same time, Ukraine has entered the ranking of the world’s largest…
Expenditures on national security and defense increased by 20% in the first 7 months of 2026
In January–July 2026, general fund expenditures of Ukraine’s state budget for the defense and security sector reached 1.63 trillion UAH. This figure exceeds the results of the same period last year by 20%.
Oschadbank increased micro-business lending by 37% in 2026
During the first half of 2026, Oschadbank provided 3.3 billion UAH in loans to micro-businesses, a 37% increase compared to the same period last year. The number of credit agreements concluded during the reporting period rose by 27%, reaching 2,596…
Fiscal squeeze and labor shortages: how the state is trying to fill the budget amid rising wages
The Ukrainian economy under martial law is showing an amazing mix of systemic risks and forced adaptation. On one hand, the relevant committee of the Verkhovna Rada has approved draft laws abolishing VAT exemptions for commercial international…
Taxation of gift certificates from legal entities in 2026
Receipt of a gift certificate by an individual from a legal entity may be subject to taxation depending on its value. The enterprise providing the gift acts as a tax agent in such cases.
