Personal income and payroll taxes

Minimum salary for 2003
March 2003

From 1 January 2003 the minimum monthly salary is increased from UAH 165 to UAH 185 and from 1 July 2003 it will further increase up to UAH 237. These changes affect, amongst others the minimum capital requirements for companies, which are 1,250 minimum salaries for joint stock companies and 100 minimum salaries for limited liability companies.

(The Law of Ukraine № 372 dated 26 December 2002)



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