Ukraine Introduces E-Residency and Simplifies Taxation

· WOWERI

Ukraine introduces e-residency and simplifies taxation. The Cabinet expands the Diya portal's functionality for online mobile number transfer, tax payment, and remote e-resident identification.

Introduction of E-Residency

Ukraine introduces e-residency, allowing foreign citizens to obtain tax resident status without physical presence in the country. This decision aims to attract foreign investment and develop the Ukrainian economy.

Expansion of Diya Portal Functionality

The Cabinet expands the Diya portal's functionality for online mobile number transfer, tax payment, and remote e-resident identification. This simplifies the process of obtaining tax resident status and enables citizens to manage their tax obligations online.

Benefits of E-Residency

E-residency provides several benefits, including:

  • simplified process of obtaining tax resident status
  • ability to manage tax obligations online
  • access to Ukrainian banking services and financial instruments

Conclusion

The introduction of e-residency and expansion of the Diya portal's functionality are important steps in developing the Ukrainian economy and attracting foreign investment. We recommend that citizens familiarize themselves with the new opportunities and take advantage of e-residency benefits.

What to do next

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Source: biz.ligazakon.net

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