Financial law
Components of Financial Law
Financial law consists of the following types of structural elements:
- Regulatory — determine, for example, the sizes and procedure for payment of taxes and fees.
- Law enforcement — establish mechanisms and measures of financial liability for offenses.
- Material — directly regulate financial relations, rights, and obligations of their participants.
- Procedural — streamline the procedures for making current decisions, for example, regarding the state budget.
- Subject-specific (tax, budgetary, banking sub-branches).
The methodology of financial law is based on administrative coercion. For instance, only the state determines the budget adoption process and its content, the sizes of taxes and fees, the statuses of national and foreign currency within Ukraine’s territory, subjects of financial activity, etc. The field is characterized by a high level of normative determinacy, precise and unconditional execution of prescriptions, the prohibition of independent decisions, and different legal positions of parties when one always has a governmental advantage over the other.
Our company employs lawyers specializing in financial law. On behalf of the client, our specialists are able to:
- Appealing against actions and decisions of the tax, financial inspections, and State Treasury;
- Providing consultations on the budgetary process, conducting audits, obtaining financial licenses, currency control, payment systems, securities circulation;
- Representing and protecting client’s interests during inspections, obtaining licenses for financial activities, functioning of financial and insurance institutions, branches and representations of foreign organizations, and their termination;
- Analyzing the correctness of tax reporting;
- Participating in capital transfer, planning financial succession, asset protection;
- Supporting the acquisition of shares (their parts) of financial organizations, their creation and liquidation;
- Providing explanations on electronic commerce, Internet trading, activities of aggregator sites and electronic platforms, transactions with digital payment means;
- Developing plans for optimizing taxation, corporate financial structure, improving economic indicators.
Relying on modern tools, technologies, and methodologies, we maintain active dialogue with our clients to understand their needs and provide individual recommendations that will help them fully realize their potential. Our specialists will do everything possible to avoid the application of unjustified sanctions and violations during inspections by supervisory authorities, and if necessary, appeal against their illegal actions.
Reasons to get financial and legal
assistance from us
Financial law is a legal field evolving so dynamically that national legislators sometimes cannot keep up with the emergence of new calculation technologies. Global economic changes and the evolution of international standards pose new challenges for lawyers and their clients (for example, the regulation of cryptocurrency). Our lawyers constantly improve their knowledge and skills to remain experts in the field of financial law and offer clients only competent solutions, especially in legislative uncertainty.
Every participant in financial relations should understand the reasons and consequences of legal and material liability for imprudent decisions, remember the risk of meticulous inspections, during which the advice of competent specialists will not be superfluous. Our services in the field of financial law are based on the principles of information relevance, objectivity, impartiality, independence, confidentiality and moderation.
from a lawyer
