Work Permit — an official document that grants a foreign national the right to work in Ukraine; obtaining a permit can be accompanied by BDO in Ukraine.
Taxable Item — property, income, transaction or other indicators from which tax is calculated.
Tax Return — a mandatory state reporting in which the taxpayer indicates the amounts of income, expenses and tax liabilities.
Tax Optimisation — an advisory service that helps to effectively reduce the tax burden without violating the law.
Tax Audit — an analysis of the correctness of tax calculation, payment and declaration; may be performed prior to the sale of the company.
Tax Policy — an internal document of a company that regulates tax accounting, reporting and interaction with tax authorities.
Tax Structuring — planning business structuring or transactions to legally reduce tax risks and tax burdens.
Value Added Tax (VAT) — an indirect tax applied to the sale of goods, services, or works.
Corporate Income Tax — a direct tax levied on a company’s financial result (income).
Fiscal Authority (Tax Authority) — a government body responsible for monitoring tax compliance and conducting tax audits.