Government Re-Approves Reform of VAT Rules for Businesses On 3 September 2026, the Cabinet of Ministers approved a draft law amending the Tax Code to simplify VAT administration. The proposal would introduce quarterly VAT reporting for individual entrepreneurs (FOPs) instead of monthly reporting, reducing the number...
NBU Raises the Key Policy Rate to 15.5% On 30 July 2026, the National Bank of Ukraine increased its key policy rate by 0.5 percentage points, from 15% to 15.5%. The NBU attributed the decision to persistent underlying price pressure and an expected acceleration of inflation...
Ukraine’s Startup Landscape in 2026 Ukraine has become one of Eastern Europe’s most dynamic startup hubs. Despite ongoing challenges, the country’s entrepreneurial spirit continues to thrive, attracting both local founders and foreign investors. In July 2026, the startup ecosystem is defined by innovation, resilience, and global...
Parliament Supports Draft Law on Securitisation and Covered Bonds in First Reading On 1 July 2026, the Verkhovna Rada adopted in the first reading Draft Law No. 15172 “On Securitisation and Covered Bonds”. The draft law is intended to align Ukraine’s financial market regulation with EU...
Current Labour Market Situation As of spring 2026, over 230,000 job vacancies were listed nationwide, while registered unemployed ranged between 96,000–141,000. This imbalance highlights a structural labour deficit in Ukraine. According to the State Statistics Service, the average monthly wage reached 30,515 UAH in April 2026,...
Ukraine Launches 10% Loan Programme for Business-Owned Power Generation On 3 June 2026, the Ministry of Economy announced the start of a new state support programme for medium and large businesses developing distributed generation projects. The programme allows companies to obtain loans at an effective rate...
Ukraine in 2026 is a land of opportunity for foreign investors and entrepreneurs looking to open a company in Ukraine or expand operations. Despite challenges, the country is undergoing rapid transformation, offering fertile ground for strategic investments. Below are five sectors with exceptional growth potential for...
Expanded scope of permitted FX transactions for payments to non-resident individuals The NBU now allows non-resident individuals to transfer funds abroad without restrictions if the funds were credited in UAH to their accounts with Ukrainian banks as of 1 May 2026 as: salary and other payments...
In 2026, Ukrainian Private Entrepreneurs (PEs) face updated requirements for submitting the unified report on income and social contributions. These changes aim to simplify reporting procedures while ensuring compliance with tax and social security obligations. What Is the Unified Report? The unified report combines information...
J&L Consulting is looking for an experienced Chief Accountant to join our professional team. Key Requirements Higher education in Accounting, Finance, or Economics. At least 3 years of experience in a Chief Accountant role. In-depth knowledge of current Ukrainian accounting and tax legislation. Confident PC user...
The information (including any attachments) stated on this website may contain confidential and/or legally privileged information. The copyright of contents of this website belongs to the J&L Consulting Ltd. Please be advised that any disclosure, copying, distribution or action taken in reliance on website contents is strictly prohibited. Any user wishing to disclose the contents to any third party is advised to obtain the consent of the J&L Consulting Ltd management before disclosure. Failure to do this will place the addressees in breach of the J&L Consulting Ltd copyright.
Please consider environment before printing.
