The State Tax Service has published the financial statements of companies on the Unified Open Data Portal, and on its own web portal, the STS fulfilled the requirements of the updated version 835 of the resolution on open data.

The information contains data about income, losses, assets, and funds that are on the balance sheet of companies.

Everyone can get acquainted with the actual financial situation of companies and the amount of taxes they pay to the budget.

Open financial statements will help Ukrainian businesses:

  • increase transparency in signing agreements with contractors;
  • it is better to evaluate the development of your company in relation to key competitors and understand your market share
  • reduce the risk of cooperation with shell companies

Opening up information about companies’ financial statements is an essential stage in shadowing the market and another step towards transparency of the Ukrainian economy.

Previously, this information was confidential. The exception was private joint-stock companies — their financial statements were open, and they were required to publish them regularly.


Based on materials: Ministry and Committee of Digital Transformation of Ukraine