{"id":8226,"date":"2024-04-09T13:26:36","date_gmt":"2024-04-09T10:26:36","guid":{"rendered":"https:\/\/gls-law.company\/?page_id=8226"},"modified":"2024-09-24T11:18:51","modified_gmt":"2024-09-24T08:18:51","slug":"beps-consultation","status":"publish","type":"page","link":"https:\/\/gls-law.company\/en\/beps-consultation\/","title":{"rendered":"BEPS consultation"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8226\" class=\"elementor elementor-8226\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e488b62 e-con-full e-flex e-con e-parent\" data-id=\"e488b62\" data-element_type=\"container\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c36f470 elementor-cta--skin-cover elementor-cta--valign-middle elementor-cta--sequenced-animation elementor-bg-transform elementor-bg-transform-zoom-out elementor-animated-content elementor-widget elementor-widget-call-to-action\" data-id=\"c36f470\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/gls-law.company\/wp-content\/uploads\/2023\/01\/beps-konsultats\u0456yi.jpg);\" role=\"img\" aria-label=\"beps-konsultats\u0456yi\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<h1 class=\"elementor-cta__title elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tBEPS consultation\t\t\t\t\t<\/h1>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tBase Erosion and Profit Shifting consulting services: BEPS in Ukraine\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-md\" href=\"#elementor-action%3Aaction%3Dpopup%3Aopen%26settings%3DeyJpZCI6IjMzMjEiLCJ0b2dnbGUiOmZhbHNlfQ%3D%3D\">\n\t\t\t\t\t\tleave a request\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5d5043f e-flex e-con-boxed e-con e-parent\" data-id=\"5d5043f\" data-element_type=\"container\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-240e388 elementor-widget elementor-widget-text-editor\" data-id=\"240e388\" data-element_type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>Consulting Services for Base Erosion and Profit Shifting: BEPS in Ukraine<\/h2>\n<p>BEPS stands for Base Erosion and Profit Shifting, referring to various tax avoidance schemes, typically involving different offshore jurisdictions.<\/p>\n<p>In the classic sense, Base Erosion Profit Shifting occurs when a company&#8217;s profits are shifted from a high-tax country to another with low or zero tax rates, without conducting substantial economic activities in that jurisdiction.<\/p>\n<p>For more information on BEPS, or Base Erosion and Profit Shifting, contact GLS Law Company for a personalized consultation. Our experts can analyze your company&#8217;s operations, allowing you to make necessary adjustments to comply with the anti-BEPS plan provisions.<\/p>\n<h2>BEPS in Ukraine: Key Aspects<\/h2>\n<p>There are many ways legal entities try to reduce their tax burden, including:<\/p>\n<ul>\n<li>Discrepancies in country legislations.<\/li>\n<li>Utilization of ineffective tax avoidance measures in specific jurisdictions.<\/li>\n<li>Transfer pricing.<\/li>\n<li>Preferential regimes.<\/li>\n<li>Intra-group transactions.<\/li>\n<li>Digital delivery of goods and services.<\/li>\n<\/ul>\n<p>Such BEPS schemes are quite common in Ukraine and other countries. However, companies may face problems during tax audits, including potential fines.<\/p>\n<h2>What to Know About BEPS in Ukraine<\/h2>\n<p>Key nuances regarding BEPS include Ukraine gradually implementing various methods to combat tax evasion:<\/p>\n<ul>\n<li>Updating transfer pricing rules.<\/li>\n<li>Clarifying the concept of a permanent establishment.<\/li>\n<li>Introducing new rules for controlled foreign companies (CFCs).<\/li>\n<\/ul>\n<p>Consultations on BEPS are in demand because, in some situations, the tax burden of a foreign company may fall on the shoulders of the owner &#8211; a resident of Ukraine. In this case, the foreign company&#8217;s profit is considered your personal income, subject to taxation in our country.<\/p>\n<p>According to Ukraine&#8217;s rules, BEPS is a problem that needs addressing. If your company is recognized as controlled, it must be declared. The CFC report should be filed annually, along with tax and financial statements.<\/p>\n<h2>Professional Consultations on BEPS in Ukraine<\/h2>\n<p>Submit a request on the GLS Law Company website if you need consulting services related to Base Erosion and Profit Shifting. Our professionals will analyze your foreign firm&#8217;s compliance with new rules related to reporting, controlled foreign companies, etc.<\/p>\n<p>They will also answer your questions regarding the cost of consulting services and the factors affecting prices.<\/p>\n<p>You can also contact GLS Law Company experts via our contact phone numbers or popular messengers like Viber, WhatsApp, and Telegram.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9d08011 e-con-full e-flex e-con e-parent\" data-id=\"9d08011\" data-element_type=\"container\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-5b6ba47 e-flex e-con-boxed e-con e-child\" data-id=\"5b6ba47\" data-element_type=\"container\" data-settings=\"{&quot;ekit_has_onepagescroll_dot&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-180041b elementor-invisible elementor-widget elementor-widget-elementskit-heading\" data-id=\"180041b\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;zoomIn&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"elementskit-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ekit-wid-con\" ><div class=\"ekit-heading elementskit-section-title-wraper text_center   ekit_heading_tablet-   ekit_heading_mobile-\"><h2 class=\"ekit-heading--title elementskit-section-title \">FAQ<\/h2><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-569b442 elementor-invisible elementor-widget elementor-widget-elementskit-accordion\" data-id=\"569b442\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeIn&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"elementskit-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"ekit-wid-con\" >\n        <div class=\"elementskit-accordion accoedion-primary\" id=\"accordion-6a3b565ad6e00\">\n\n            \n                <div class=\"elementskit-card \">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-0-569b442\">\n                        <a href=\"#collapse-1de26bd6a3b565ad6e00\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-1de26bd6a3b565ad6e00\" aria-expanded=\"false\" aria-controls=\"Collapse-1de26bd6a3b565ad6e00\">\n                            \n                            <span class=\"ekit-accordion-title\">What is BEPS and what is its main objective?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow1\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-1de26bd6a3b565ad6e00\" class=\" collapse\" aria-labelledby=\"primaryHeading-0-569b442\" data-parent=\"#accordion-6a3b565ad6e00\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>BEPS (Base Erosion and Profit Shifting) is associated with the reduction of the tax base and the transfer of profits of companies to countries with lower taxes, often without carrying out activities there.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card \">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-1-569b442\">\n                        <a href=\"#collapse-6285ab26a3b565ad6e00\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-6285ab26a3b565ad6e00\" aria-expanded=\"false\" aria-controls=\"Collapse-6285ab26a3b565ad6e00\">\n                            \n                            <span class=\"ekit-accordion-title\">What BEPS methods are most often used in Ukraine?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow1\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-6285ab26a3b565ad6e00\" class=\" collapse\" aria-labelledby=\"primaryHeading-1-569b442\" data-parent=\"#accordion-6a3b565ad6e00\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>In Ukraine, methods such as the exploitation of legislative differences, ineffective anti-tax measures, transfer pricing and tax benefits are common.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card \">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-2-569b442\">\n                        <a href=\"#collapse-5e7e9046a3b565ad6e00\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-5e7e9046a3b565ad6e00\" aria-expanded=\"false\" aria-controls=\"Collapse-5e7e9046a3b565ad6e00\">\n                            \n                            <span class=\"ekit-accordion-title\">What measures is Ukraine taking to combat BEPS?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow1\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-5e7e9046a3b565ad6e00\" class=\" collapse\" aria-labelledby=\"primaryHeading-2-569b442\" data-parent=\"#accordion-6a3b565ad6e00\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Ukraine is actively implementing new rules, in particular strengthening transfer pricing norms and clarifying the status of permanent representative offices to counter BEPS.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card \">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-3-569b442\">\n                        <a href=\"#collapse-fe21d186a3b565ad6e00\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-fe21d186a3b565ad6e00\" aria-expanded=\"false\" aria-controls=\"Collapse-fe21d186a3b565ad6e00\">\n                            \n                            <span class=\"ekit-accordion-title\">What BEPS advice does GLS Law Company provide?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow1\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-fe21d186a3b565ad6e00\" class=\" collapse\" aria-labelledby=\"primaryHeading-3-569b442\" data-parent=\"#accordion-6a3b565ad6e00\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>GLS Law Company offers BEPS consultancy, including analysis of business operations and facilitation of adaptation to anti-BEPS initiatives.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                \n                <div class=\"elementskit-card \">\n                    <div class=\"elementskit-card-header\" id=\"primaryHeading-4-569b442\">\n                        <a href=\"#collapse-6fb0c596a3b565ad6e00\" class=\"ekit-accordion--toggler elementskit-btn-link collapsed\" data-ekit-toggle=\"collapse\" data-target=\"#Collapse-6fb0c596a3b565ad6e00\" aria-expanded=\"false\" aria-controls=\"Collapse-6fb0c596a3b565ad6e00\">\n                            \n                            <span class=\"ekit-accordion-title\">What are the risks of non-compliance with BEPS rules for Ukrainian companies?<\/span>\n\n                            \n                                <div class=\"ekit_accordion_icon_group\">\n                                    <div class=\"ekit_accordion_normal_icon\">\n                                        <!-- Normal Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-down-arrow1\"><\/i>                                    <\/div>\n\n                                    <div class=\"ekit_accordion_active_icon\">\n                                        <!-- Active Icon -->\n\t\t\t\t\t\t\t\t\t\t<i class=\"icon icon-up-arrow1\"><\/i>                                    <\/div>\n                                <\/div>\n\n                            \n                                                    <\/a>\n                    <\/div>\n\n                    <div id=\"Collapse-6fb0c596a3b565ad6e00\" class=\" collapse\" aria-labelledby=\"primaryHeading-4-569b442\" data-parent=\"#accordion-6a3b565ad6e00\">\n\n                        <div class=\"elementskit-card-body ekit-accordion--content\">\n                            <p>Failure to comply with BEPS rules may result in fines and taxation of foreign company income as personal income of Ukrainian owners.<\/p>                        <\/div>\n\n                    <\/div>\n\n                <\/div><!-- .elementskit-card END -->\n\n                                        <\/div>\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>BEPS consultation Base Erosion and Profit Shifting consulting services: BEPS in Ukraine leave a request Consulting Services for Base Erosion and Profit Shifting: BEPS in Ukraine BEPS stands for Base Erosion and Profit Shifting, referring to various tax avoidance schemes, typically involving different offshore jurisdictions. In the classic sense, Base Erosion Profit Shifting occurs when [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"class_list":["post-8226","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/comments?post=8226"}],"version-history":[{"count":7,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8226\/revisions"}],"predecessor-version":[{"id":8252,"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/pages\/8226\/revisions\/8252"}],"wp:attachment":[{"href":"https:\/\/gls-law.company\/en\/wp-json\/wp\/v2\/media?parent=8226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}