State Tax Service of Ukraine draws attention of enterprises involved in the foreign economic activity to the need to comply with rules of currency legislation.
If the one carries out:
export – foreign exchange earnings must be credited to account in the Ukrainian bank within period established by the National Bank of Ukraine;
import – products (works, services) must be received on time.
For violation of payment terms, penalty of 0.3% of the debt amount is charged for each day of delay, but not more than 100% of the debt.
Use legislative protection mechanisms for business:
Provide documents on completed foreign economic transactions to authorized banking institutions in a timely and complete manner;
obtain a conclusion from the Ministry of Economy on the extension of settlement period;
apply to the court (arbitration) with a claim for debt collection from the non-resident;
certify presence of the force majeure circumstances that made it impossible to complete settlements in a timely manner in relevant authorized bodies.
It is worth emphasizing: the State Tax Service does not aim to impose fines. Audits are carried out only if there is information about violations of currency legislation received from the banks.