Do not declare employees – there is a risk losing money!

Press service of the State Tax Service of Ukraine, published 18 June 2024 at 14:20 Chapter: News

Have you not concluded employment contract with employee? Be prepared to pay a big fine that can seriously affect your business. Amount of the financial sanction can reach 240 thousand UAH for each unregistered employee.

With these funds, it is possible to pay employee the minimum salary (8 thousand UAH) and pay all taxes and levies for two years.