Business news from Ukraine

Minister of Social Policy Oksana Zholnovich hopes that it will be possible to avoid dual residency for Ukrainian citizens abroad.
“There are risks, but I think that it will be possible to avoid dual residency. During the last conversation, when we had the Minister of Social Policy and Labor of Germany, I asked him this question. In particular, that we have problems, since Germany is very many of our people who continue to work in Ukraine remotely or as FOPs and pay taxes here, and is there a need for them to register? He could not answer, because this is also a challenge for them. This is a new tool that has yet to be developed in Europe” , – Zholnovich said in an exclusive interview with Interfax-Ukraine, commenting on the situation with negotiations with international partners regarding tax residency for Ukrainian citizens abroad.
As for the prospect of introducing general pension payments for displaced Ukrainians who received the status of temporary protection and worked in the countries of the European Union, the minister said that this can only be under bilateral agreements that Ukraine has already signed on the mutual recognition of insurance experience.
Answering a clarifying question whether any new global projects on this topic are being considered in connection with the current circumstances, Zholnovich noted that Ukraine is in the process of European integration, and there are relevant EU directives that allow something like this.
“But this will be a movement in both directions. That is, if we conclude an agreement that our citizens working in Poland are counted for insurance experience, then we must also credit and pay pensions to Poles working in Ukraine. This is painstaking work, which involves the synchronization of two pension systems of each individual country. Obviously, it will continue, but we must also take into account our economic situation. If the Ukrainian pension in the UK is very easy to pay, then the UK pension in Ukraine is not quite,” she stated.