Also in the news...
Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
Faster Registration Of New Businesses In Ukraine
Looking to register a business in Ukraine? Recent legislation changes have drastically reduced the set up time.
The new business registration process in Ukraine has sped up dramatically, with the exchange of information between the state registrar and the tax authority now taking place in two hours, and the complete LLC registration process taking 24 hours, instead of the former three to five working days.
The much shorter time frame was legislated in a joint order by Ukraine’s Ministry of Justice and the Ministry of Finance, and came into force on 17 October 2015.
It’s hoped the 24 hour turnaround will increase transparency of procedures, and make the country’s business environment more attractive for legal entities and private entrepreneurs.
The swifter exchange data between state authorities (including fiscal authorities) applies to legal entity registration and the introduction of any statutory changes to the legal entity.
Need more information? Get in touch with our expert team in Ukraine.