Head of legal department D.Golanova tape part as a speaker in conference “Anti-offshore Ukraine: vision of the state and business”
27 April 2017
Head of legal department D.Golanova tape part as a speaker in conference “Anti-offshore Ukraine: vision of the state and business” initiated by SC «Derzhzovnishinform» and Crowe Horwath AC Ukraine (member of Crowe Horwath International) Company which take place on May 16, 2017.
It was reflected at the report last changes at the legislation concerning foreign currency regulation and most efficient methods of the payments with non-residents. At the same time special attention is devoted to the financial monitoring which together with economic sanctions substitutes currency control in numerous countries. Changing the emphasis from administrative regulation to financial monitoring based on the “know your client” principle, fiscal regulation will ensure foreign investment inflow, business activity restoration.
As D.Golanova commented, financial monitoring and currency exchange regulation on cross-border transferring: latest changes and future prospect
Progressive liberalization of the currency legislation became the necessity and natural consequences of the economic stabilization of the country.
According to her opinion, the simplification of the clients` cross border transactions, progressive dividends withdrawing are aimed to the free capital flows realization as prescribed by Ukraine–European Union Association Agreement.
Professionals from the Netherlands, Cyprus and United Arab Emirates have been invited to cover the general issues related to international taxation, comparison of best jurisdictions, establishment of foreign rep offices and attract financing. They would be willing to discuss the related issues with the participants of the event on the personal basis.