With Resolution No. 56 from April 1, a new version of the Instruction on the procedure for opening and closing accounts of banks’ clients and correspondent accounts of resident and non-resident banks were issues.
From now on, non-resident legal entities will be able to open accounts in Ukrainian banks.
A bank creates an account for a non-resident legal entity which does not have an account with this bank on the basis of the following documents:
1) a statement on opening an account with the mandatory indication of the purpose (for investing in Ukraine, for conducting business in Ukraine, for conducting operations without the entrepreneurial activity in Ukraine);
2) copies of legalized or certified with an apostille registry certificate of a foreign local authority which confirms the registration of a non-resident legal entity according to the legislation of Ukraine;
3) copies of legalized or certified with an apostille power of attorney in the name of a person who has the right to open an account or a document confirming that a person has the right to open an account without a power of attorney certified in accordance with the procedure established by the legislation of Ukraine. In case of issuance of a power of attorney by a non-resident legal entity on the territory of Ukraine, a copy of this power of attorney certified in accordance with the procedure established by the legislation of Ukraine must be provided.
A non-resident legal entity which uses hired labor and is a payer of the Unified social tax in accordance with the legislation of Ukraine must file a copy of the document confirming the taking of the non-resident legal entity for registration in the respective supervisory body as a payer of the Unified social tax in addition to the above-listed documents. Information about the fact that a non-resident legal entity does not use hired labor and is not a Unified social tax payer must be indicated during the account opening in the “Additional information” field.
At the same time, the new version of the Instruction cancels the need to provide a card with signatures of authorized persons to open and manage accounts.