In Re (#05 May 2012)

Fictitious Business

Vadym S. Tugay

Fictitious business is a crime under Article 205 of the Criminal Code of Ukraine, defined as establishment or acquisition of business entities with the purpose to cover up illegal activities or to exercise prohibited activities.

Though there are various situations where entrepreneurship can be fictitious the law enforcement bodies of Ukraine in the current circumstances focus attention at those businesses that are established in order to minimize taxation (the so-called tax pits)…

The abstract/extract view of this article is free. Access to the full text of this article requires a subscription.

Please send subscription inquiries by:

Phone: +380 44 495-27-27
E-mail: subscribe@ujbl.info

Subscribe
The Ukrainian Journal of Business Law

Subscribe to The Ukrainian Journal of Business Law right now and enjoy the most relevant issues on doing business in Ukraine on your device or in print.

All this for just USD 9.99 a month.

 

Subscribe now