The Parliament recently adopted changes in the new Decree № 768/36390 which forces to disclose an ownership of legal entities in Ukraine.
The submission deadline was extended from 3 months to one year. Therefore, till July 11, 2022, all legal entities will have to submit documents to the publicly available State UBO Registry. Data about beneficiaries, ownership structure and the business itself must be updated yearly. The state registrar requires the following documents:
- Application from a legal entity (form #2 or #4)
- Ownership structure explanations
- Certificate of the registration
- Information about ultimate beneficiary owners (UBO) .
For further information on how you or your business can prepare for the new standards or to discuss your potential actions, please contact our Kyiv Tax and Legal Department at firstname.lastname@example.org. Remember, Eurofast is here to support your every step. Get in touch with our consultants to obtain a personal plan, support and guidance today!