Publication date: 28.05.2024
Lawyer
Confirmation of Diia.City resident status
Growing as a leading digital innovation center in Ukraine, Diia.City offers significant opportunities for technology companies. However, in order to take full advantage of this jurisdiction, it is necessary to comply with certain legal requirements. One of the key requirements is the regular submission of compliance reports. In this article, we will consider the main aspects of confirming the status of a resident of Diia.City and what steps must be taken to maintain this status.
Diia.City Resident Eligibility Initial Report
After obtaining Diia.City resident status, the company must submit an initial compliance report to the authorized body. This report must be submitted no later than the last day of the sixth calendar month after the month of acquisition of resident status. The report must describe in detail the fulfillment of all requirements stipulated by legislation, in particular, Article 5 of the Law of Ukraine "About Diia.City".
Independent opinion of auditors
To confirm the authenticity of the information provided in the initial report, Diia.City residents are required to provide an independent opinion from an auditing organization. However, this requirement does not apply to residents who received their status under special provisions of the law. An independent opinion must be prepared by an audit organization that has the right to conduct a mandatory audit of financial statements in accordance with the Law of Ukraine "On the Audit of Financial Statements and Auditing Activities".
Diia.City's annual resident status compliance report
Every year by June 1 of the following year, residents of Diia.City must submit a report on the fulfillment of requirements for the previous calendar year. The report covers the period from January 1 to December 31 and must also be supported by an independent opinion of the audit organization. The report must reflect all aspects of the company's activities related to Diia.City compliance.
What does the compliance report consist of?
The compliance report should include the following elements:
Guarantee of compliance with all requirements provided for in Article 5 of the law.
Details of the average monthly remuneration for employees and specialists.
Average number of employees and specialists.
Share of qualified income.
Income statements for specific periods.
Requirements for independent opinion
An independent opinion must be provided by an auditing organization authorized to conduct a mandatory audit of financial statements. This ensures a high level of reliability of the data provided in the compliance reports.
Compliance schedule
Residents of Diia.City must ensure timely submission of all necessary reports and independent conclusions to the authorized body. Violation of submission deadlines may lead to loss of resident status and other negative consequences.
The importance of compliance
Compliance with reporting requirements is key to maintaining transparency, accountability and integrity in Diia.City's regulatory framework. Compliance ensures companies fulfill their obligations and contributes to the continuous development of the digital innovation ecosystem.
Conclusion
Reporting compliance with Diia.City resident status requires careful compliance with all legal requirements. Providing comprehensive reports and independent conclusions contributes to maintaining high standards of accountability and transparency, which are necessary for the development and success of Diia.City as a leading center of digital innovation in Ukraine. If you need help in preparing reports or advice on compliance with Diia.City resident status, contact the lawyers of Legal Marketplace Consultant LLC. Our specialists will provide you with professional support, provide the necessary consultations and help in solving all legal issues.
