Preparation and submission of a notification to the Ukrainian tax authority upon acquisition or disposal of a share, change of control, or ownership structure
countries where we help clients set up businesses
years of experience working with international structures and tax reporting
prepared CFC reports and submitted notifications to the tax authorities since 2023
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A CFC notification is a formal notice to the tax authorities about the acquisition or loss of control in a foreign company. It is filed separately from the the CFC report and must be submitted within the statutory deadlines.
The obligation to submit a CFC notification arises when the control or ownership structure of a foreign company changes, including upon acquisition or disposal of a share, as well as upon establishment or termination of effective control. The controlling person may be an individual or a legal entity — a tax resident of Ukraine (in accordance with Article 39-2.1.2 of the Tax Code of Ukraine), who:
A CFC notification must be filed if you directly or indirectly own more than 50% of a foreign company
The obligation to file arises if your share exceeds 10%, provided that the aggregate share of Ukrainian residents in the company is 50% or more
A CFC notification must be filed if you exercise effective control or decisive influence over the company’s activities, even without formal ownership of a share
A CFC notification must be submitted if you have disposed of your share in a foreign company or if the company has been liquidated, resulting in the loss of control over that foreign entity
Not sure whether the CFC rules apply to you? We will determine your status as a controlling person and assess whether you are required to submit a CFC notification in your specific case
Full name / legal entity name; Tax identification number (TIN or company registration number); Tax status (Ukrainian tax resident)
Full name, country of incorporation, registration number, and legal form
Size of the share (direct/indirect), date of acquisition or disposal, description of changes in the ownership structure (if any)
Acquisition of a share; disposal of a share, establishment of effective control, termination of control
The notification must be submitted within 60 days from the date of acquiring or disposing of a share in a controlled foreign company and/or from the start or end of actual control over the company. Timely submission helps CFC-related penalties
Below are the key stages: from verifying the grounds for filing to submission and communication with the tax authority
We identify the filing grounds (acquisition/disposal of a share or effective control), review deadlines, and confirm the relevant event date
We prepare the CFC notification in the required format (in accordance with the tax authority’s requirements) and assist with submission via the taxpayer’s electronic cabinet (if needed — using your qualified electronic signature)
We record proof of submission and handle communication in case of inquiries from the tax authority — until the matter is fully resolved
€60
€0
Need to submit a CFC notification?
Order a free consultation. We will submit the CFC notification within 1 business day
Your consultant
Ivan Chebotarov
CEO & co-Founder
Describe your request
The notification of loss or acquisition of controlling status in a foreign company must be submitted within 60 days from the relevant event.
The notification is submitted through the taxpayer electronic portal: Form: F1308001 — “Notification of acquisition (commencement of actual control) or disposal (termination of actual control) of a share by a resident in a foreign legal entity or property rights to a share in assets, income, or profit of a non-legal entity formation”.
According to the law, if you fail to submit it within 60 calendar days, a fine of 300 subsistence minimums may be imposed (equivalent to 998,400 UAH in 2025).
Yes, penalties for non-filing have been suspended until the end of martial law. However, the obligation to submit the notification remains.
After submitting the form, wait for processing by the tax authority. You will receive Receipt No. 2, indicating the status: "Package accepted" or the reason for rejection.
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WoBorders is a private consulting company. We are not a government authority and do not provide governmental or administrative services, legalization, or issuance of official documents. The information on this website is for general informational purposes only and does not constitute individual legal or tax advice. Registration terms, processing times, government fees, KYC/AML requirements, and bank account openings are determined by the relevant governmental registries and financial institutions. WoBorders does not guarantee the approval of decisions made by third parties. All prices and timeframes indicated are approximate and may vary depending on the jurisdiction, company type, and selected service package. The actual terms and conditions are specified in the commercial offer or agreement. Certain services may be performed by accredited partners in the respective countries in accordance with local legislation. Personal data is processed in compliance with our Privacy Policy.
