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February 11, 2019Temporary VAT exemption on imports and simplification of land allocation for renewable energy facilities
On 1 January 2019, the amendments to the Tax Code of Ukraine provided for by the Law of Ukraine On Amendments to the Tax Code of Ukraine and Certain Other…
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January 30, 2019Renewable energy in Ukraine: bill on green auctions adopted at first reading
On 20 December 2018, the Verkhovna Rada of Ukraine adopted at first reading revised bill No. 8449-d On Amendments to Certain Laws of Ukraine on Ensuring Competitive Conditions for Electricity…
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January 28, 2019New system of foreign currency controls in Ukraine
The National Bank of Ukraine has approved and promulgated all regulations, serving as the basis for a new liberal system of foreign currency controls. The new currency control system will…
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November 25, 2018Certificate of Conformity vs. Declaration of Conformity: What to Choose?
Most Ukrainian companies have become accustomed to the fact that since 1 January 2018 the state certification system no longer exists in Ukraine. The compulsory certification abolishment, the transition to…
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October 29, 2018Legalization of Shadow Labour Market
On 5 September 2018, the Cabinet of Ministers of Ukraine adopted the Decree On Measures Aimed at Legalizing Shadow Relations in the Population Employment. The Decree provides for the implementation…
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October 16, 2018Procedure for Wind Energy Facilities Construction Simplified
On 4 October 2018, the Law On Amendments to Certain Laws of Ukraine regarding the Investment Attractiveness of the Renewable Energy Facilities Construction came into force. It was passed on…
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October 10, 2018Single Window for International Trade
On 4 October 2018, Law of Ukraine No. 2530-VIII On amendments to the Customs Code of Ukraine and some other laws of Ukraine regarding the introduction of the single window…
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September 14, 2018Revolutionary changes in foreign exchange regulations
The new Law of Ukraine On Currency and Exchange Transactions No. 2473-VIII of 21 June 2018 (hereinafter the “Law”) entered into force on 7 July 2018 and will become applicable…
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June 25, 2018Ukraine sets new rules for privatising state-owned and municipal property
On 10 May 2018, the Cabinet of Ministers of Ukraine adopted Regulation No. 358-r approving a list of large state-owned enterprises, scheduled to be privatised in 2018. Thus, 23 companies…
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May 31, 2018Procedure for issuing individual currency licenses simplified
The National Bank of Ukraine has simplified the procedure of obtaining electronic licenses for natural persons. The respective changes were introduced by Resolution of the National Bank of Ukraine No….