WHAT IS THE LIABILITY FOR FAILURE TO PROVIDE NOTICE OF CORPORATE RIGHTS ABROAD?

Failure of the controlling person to notify the tax authorities of Ukraine about the acquisition of a share in a foreign legal entity, the formation without the status of a legal entity, or about the start of actual control over a foreign legal entity, or about the alienation of a share in a foreign legal entity, or about the termination of actual control over a foreign legal entity within the time limits established by the legislation entails the imposition of a fine in the amount of 300 amounts of the subsistence minimum for an able-bodied person, established by law on January 1 of the tax (reporting) year, for each such fact.

300*2589 = 776,700 UAH.