Opportunity Snapshot
The Ministry of Community and Territorial Development has tasked the EBRD and IFC with studying public-private partnership (PPP) models for Ukraine’s major airports—Boryspil, Odesa, Lviv, and others. Findings are due August 2025, creating a tight window for foreign airport operators, investors, and service providers to:
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Position for concession or management contracts
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Assess capex and opex under wartime constraints
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Structure bids that withstand Ukrainian tax and audit scrutiny
Accounting & Tax Essentials for Prospective Airport Managers
| Key Issue | Risk Without Planning | Our Solution |
|---|---|---|
| PPP Financial Modeling | Mispriced bids due to FX volatility and wartime insurance premiums | IFRS-compliant cash-flow models with stress-tested exchange-rate scenarios |
| Permanent-Establishment (PE) Exposure | Unexpected 18 % corporate-income-tax liabilities | PE-risk assessment and optimal entity structuring (LLC vs. branch) |
| VAT on Construction & Services | Cash-flow squeeze if refunds are delayed | End-to-end VAT reclaim support and electronic tracking |
| Transfer-Pricing on Management Fees | 25 % penalties for undocumented charges | TP benchmarking and master-file/local-file preparation |
| Payroll & Social Taxes for Expat Staff | Dual taxation and compliance gaps | Shadow-payroll setup, treaty analysis, and HR cost forecasting |
Three-Phase Compliance Roadmap
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Bid Stage (now – Aug 2025)
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Due-diligence data room: historical financials, asset valuations, liability mapping
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Draft accounting policies aligned with PPP contract terms
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Mobilisation Stage (post-award)
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ERP localisation for Ukrainian statutory reporting
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VAT registration and customs planning for imported equipment
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Operational Stage (airspace re-opening)
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Monthly IFRS/UA GAAP dual bookkeeping
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Real-time KPI dashboards for revenue share, passenger fees, and concession payments
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Audit defence and regulator liaison with the State Tax Service and State Aviation Service
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Why Engage Our Accounting & Advisory Team?
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Aviation & Infrastructure Focus – Experience with EBRD- and IFC-financed projects in Eastern Europe
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Bilingual Delivery – Full reporting packs in English and Ukrainian for board and government stakeholders
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Digital Compliance Toolkit – Cloud portal mirroring Ukraine’s e-audit format (SAF-T)
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24/7 Wartime Support – Business-continuity protocols and secure data backup outside conflict zones
“Private investment will keep airport infrastructure flight-ready and reduce budget strain,”
— Maryna Denysiuk, Deputy Minister of Community & Territorial Development
Next Steps for Interested Operators
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Book a 30-minute strategy call to map tax, PE, and VAT risks for your bid team.
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Receive a customised checklist of accounting documents required for EBRD/IFC due diligence.
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Launch an entity-setup & payroll timeline aligned with the August study release.
Secure your briefing slot today and ensure your airport bid is financially airtight—before the runway lights turn back on.
