For almost twenty years K.A.C. Group is a specialized company in the field of tax consulting and corporate law. It is composed of: “Kyiv Audit Service”, Law Firm “Prime”, “Finexpert” Company.

 

In the company’s constant operation business cycle of “Earned - Saved – Invested” the “Saved” element is one of the most importand under the current circumstances since “Saved” is “Earned”. Domestic entrepreneurs often believe reasonably that  they know better than anybody else the principle “to earn” and “to invest” in their business. But they still reffer the issues of the earnings protection to the professionals.

 

The company’s specialisation provided for its membership in the national and foreign professional organizations: The Union of Auditors of Ukraine, The Union of Lawyers of Ukraine, The Ukrainian Bar Association (UBA), The Federation of Professional Accountants and Auditors of Ukraine, The Association of Tax Consultants of Ukraine, The Ukrainian Society of Appraisers, The Offshore Institute, The Institute for Fiscal Studies, NEXIA International and others that allows receiving promptly and using in work the modern techniques and current information on changes in the tax and corporate law both  in Ukraine and abroad.

 

The clearly defined specialization requires the company’s continuously improve their qualifications and skills.

We do not strive to become the largest accounting or law firm, we strive to become the best in our field.

Latest news
04/08/2017

According to a new report by the IMF, eurozone countries should reduce their labor taxes to increase employment, productivity and increase indirect taxes.

The IMF said that, despite the years required to implement tax reform, countries would benefit from adopting a more favorable combination of taxes and costs for growth.

IMF also said that Italy could finance a reduction in labor taxes by streamlining tax expenditures and extending the tax base, as well as introducing a modern property tax, while Germany would benefit from lower taxes on labor.

27/07/2017

The NBU has simplified the terms and procedure for some transactions involving the purchase and transfer of foreign currency:

  • Tthe regulator has simplified the rules governing the purchase and transfer of foreign currency under transactions in domestic government bonds carried out by foreign investors. In addition, the NBU has set out the rules for carrying out transactions in domestic government bonds received by foreign investors through the conversion of depository receipts into domestic government bonds by the foreign bank.
  • Iin cases  when settlements under foreign investment operations and the subsequent return of foreign investment are carried out through one bank, a customer is allowed to submit a simplified package of documents, which shall be the basis for these operations;
  • The regulator has set out the rules governing the purchase of foreign currency  for the purpose of fulfilling liabilities in foreign currency by resident guarantor (surety)  under the loan agreements signed with authorized banks.

 Read more on the website of The National Bank of Ukraine.

19/07/2017

The EU has asked France to amend its income tax bill for taxpayers who receive income from foreign sources.

The European Commission stated that, according to the current rules, taxpayers living in France and receiving part of their income in another Member State of the European Economic Area may not avail themselves of the same personal and family tax benefits that apply to income received in France.

The Commission stated that France should comply with its request within two months. Otherwise it  may result to the transfer to the European Court.

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