How to prepare income confirmation for sole proprietors (bank/immigration)

Professional confirmation of income for individual entrepreneurs (FOPs) for submission to banks, migration authorities, consulates, and foreign counterparties.
No audit is performed. Based on a review of tax returns. The document format is intended for official submission abroad.

What the document for a foreign institution should include

To reduce the risk of additional requests, the document usually:

  • is prepared in Ukrainian and English;
  • contains the details and signature of a certified auditor;
  • has a clear structure and a reference to the data source (tax returns).

Typical contents:

  • income for a specified period based on tax returns;
  • the period for which reporting was submitted;
  • the taxation system (based on the provided documents);
  • confirmation of submission of reporting (based on receipts/confirmations, if available);
  • FOP status according to public registers as of the document date (if required);
  • amounts in UAH and a parallel conversion to EUR at the NBU exchange rate with the calculation date/approach specified.

Family cases and combined income

When submitting documents for a residence permit, it is often necessary to show the family’s combined income. The confirmation format allows including several FOPs in one consolidated document (for example, spouses) so that the receiving party can assess the case more easily.

How this confirmation differs from an audit

The document for migration and financial institutions has a specific purpose:

  • To confirm declared income, not to audit the business.
  • The procedure is based on a review of tax returns and is not an audit or a verification of underlying transactions.
  • This is not an assurance engagement; ISA requirements do not apply.
  • The wording confirms only what follows from the tax reporting and (if required) public registers as of the document date.

Preparing the document package

The standard preparation time for the confirmation in PDF format with the auditor’s signature is 2–3 business days after receiving the complete set. In most cases, electronic copies are sufficient:

  • tax returns for the required period;
  • receipts/confirmations of submission (if available);
  • an extract from the register (if required);
  • written requirements from the institution regarding the document format (if provided).

To get started, send the package to office@proaudit.ua and specify:

  • the country/institution of submission;
  • the confirmation period;
  • whether conversion to EUR is required;
  • the number of FOPs (if they need to be combined in one document).