Ukrainian business abroad has been exempted from the risk of double taxation.

Ukrainian authorities have solved one of the key problems of entrepreneurs abroad – the risk of double taxation. In particular, it is now possible to get a certificate confirming Ukrainian tax residence status online, the State Regulatory Service noted. The corresponding norm is fixed in the order of the Ministry of Finance No. 248. The order approved the form of certificate-confirmation of residency to avoid double taxation; the procedure for issuing the relevant certificate, particularly in electronic form, is defined; it also provides for its issuance with transliteration in English. Thus, a business forced to stay abroad is protected from double taxation.