Ukraine's KVED System Update: What You Need to Know
· WOWERI
Ukraine's KVED system update is nearing completion. What does this mean for business and the economy?
Introduction
Ukraine's KVED system update is nearing completion. This means that businesses and the economy will be working under new rules.
What is KVED?
KVED is a system of classification of economic activities used to identify and group activities.
What's changing?
A new classification of economic activities will be based on the international NACE 2.1-UA system.
How will it work?
Businesses and the economy will need to adapt to the new classification system. This may require changes to documents and procedures.
What to do next
- Ukraine Work Permit — Order
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Source: biz.ligazakon.net