Audit and Assurance Reports for Defence City Residents
Professional support for defence industry enterprises seeking to confirm compliance with the requirements of the special legal regime.
The Defence City special legal regime was established to support the strategic development of Ukraine’s defence industry, attract technology investment and stimulate domestic weapons production.
A key condition for retaining resident status is the annual confirmation of compliance with the established criteria by submitting a Compliance Report accompanied by an independent assurance report.
If the required assurance report is missing from the submitted documents, the Compliance Report is automatically considered not to have been filed, creating a risk of losing resident status.
Audit objectives
Protecting Resident Status and Ensuring Reliable Reporting
Our goal is to provide reasonable assurance that the information presented in the report reflects the company’s actual performance and complies with applicable legislation.
Financial Performance
We verify that the annual financial statements accurately reflect the company’s actual operating results.
Sources of Income
We analyse the calculation of qualifying income and its connection with permitted business activities.
Compliance Report
We verify the information submitted to the Defence City Register and assess whether all required information has been properly disclosed.
Procedural Compliance
We assess whether the reporting complies with current legislation and applicable international standards.
When an auditor is required
Three Situations in Which an Audit Is Required
Initial Audit
Conducted when applying for resident status to verify the applicant’s initial information.
Annual Audit
Confirms eligibility for benefits based on the results of the reporting year. The report must be submitted annually by June 1.
Extraordinary Review
Conducted at the request of the competent authority when questions arise regarding the accuracy of the submitted information.
Why Audit-Invest
Expertise That Helps Protect Your Resident Status
We go beyond a formal review of figures by helping clients establish a clear and controlled process for maintaining compliance with Defence City requirements.
International Quality Standards
We perform our work in accordance with ISAE 3000, providing an appropriate level of independent assurance for government authorities and investors.
Industry Expertise
We understand the specifics of the defence sector, public defence procurement and accounting practices within the defence industry.
Comprehensive Approach
We provide ongoing advisory support to help clients retain their Defence City resident status throughout the year.
Professional Accountability
Our professional activities are insured, providing additional protection and helping minimise client risk.
Experience and Reputation
We have many years of experience working with major industrial enterprises and IT companies.
The result of our cooperation
A Controlled Process Without Unnecessary Stress
The Audit-Invest team helps clients prepare for the audit, identify potential risks and compile the documentation required to confirm compliance.
- Preliminary review of documents and compliance criteria
- Verification of financial indicators and qualifying income
- Verification of the Compliance Report
- Independent assurance report
- Recommendations for addressing identified risks
Initial consultation
Ready for a Stress-Free Audit Process?
We will discuss your circumstances, deadlines and the documents required for a Defence City resident audit.