Ukraine

7 Employees

THIRD-PARTY REVENUES

$(261,763)

RELATED-PARTY REVENUES

$0

TOTAL REVENUES

$(261,763)

PROFIT BEFORE TAX

$(2,567,945)

TAX PAID

$0

TAX ACCRUED

$0

TANGIBLE ASSETS

$9,432

STATED CAPITAL

$22,073,667

ACCUMULATED EARNINGS

$(606,845,506)

Main Business Activities

  • Downstream
  • Upstream and Integrated Gas

Shell has been present in Ukraine since 2006 and has predominantly downstream retail activities there through majority interests in joint venture companies. Shell operates 132 retail sites in Ukraine.

The downstream joint venture pays taxes locally and has around 1,500 employees.

Shell ceased its exploration activities in Ukraine in 2015.

Country Financial Analysis

The statutory corporate income tax rate in Ukraine is 18%.

The profit and the tax on the downstream activities of the joint venture companies are not included in our because the accounting principles of the joint ventures are based on equity accounting. In line with CbCR reporting requirements, these numbers are reported in the shareholder location.

Although the joint ventures pay taxes locally, Shell paid no corporate income tax in Ukraine as a result of losses from the unwinding of the upstream activities.

Country-by-country report
Country-by-country reporting (CbCR) was introduced for all large multinational enterprises (MNEs) as part of the OECD BEPS project. The report should disclose aggregate data on income, profit, taxes paid and economic activity among tax jurisdictions in which the MNE operates. The report is filed with the main tax authority (typically the tax authority in the country in which the MNE has its head office) which can share it with tax authorities in other countries.
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