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June 13, 2016Consequences of failure to perform normative monetary evaluation of land
On 11 May 2016, the Supreme Court of Ukraine at its joint meeting of civil and criminal chambers decided the matter on invalidation and cancellation of resolution of the district…
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June 13, 2016New conditions for probation period
On 17 May 2016, the Verkhovna Rada adopted changes to the Labour Code of Ukraine in relation to probation period. Thus, the Law extended the list of categories of employees…
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June 6, 2016New category of commercial disputes
On 1 May 2016, the Law of Ukraine regarding certain changes in relation to protection of investors’ rights became effective. The Law provides for changes in the Commercial Procedural Code…
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June 5, 2016The Cabinet of Ministers approved ‘single window’ system at customs
On 25 May 2016, the Cabinet of Ministers of Ukraine approved establishment and concept of functioning of the automated ‘single window’ system at customs, which is an electronic data exchange…
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June 4, 2016Payment of dividends by joint stock companies
On 12 April 2016, the National Securities and Stock Market Commission by way of its decision No. 391 approved the procedure for payment of dividends by joint stock companies. Pursuant…
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May 27, 2016Single price for gas for citizens and entities
Pursuant to the Resolution of the Cabinet of Ministers of Ukraine No. 315 dated 27 April 2016, the new tariff price for gas for citizens is established in the amount…
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May 4, 2016How much could be earned through “green” energy?
Starting from April 2009 Ukraine makes efforts to financially stimulate generation of electricity from alternative sources of energy. Such stimulation results in, first of all, legislative provision for feed-in tariff,…
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May 3, 2016Procedure for sale of ‘green’ energy generated by the households
On 15 April 2016, the restated Procedure for sale, accounting and payments for electricity generated from alternative energy power facilities of private households became effective. This procedure specifies the process…
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April 4, 2016Updated NBU’s restrictions on the currency market
On 5 March 2016, the Resolution of the National Bank of Ukraine “On stabilization of credit and currency control markets of Ukraine” No. 140 dated 3 March 2016, extending restrictions…
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April 2, 2016Effects of LLC quorum reduction
The Parliament of Ukraine made amendments to the Law of Ukraine “On Business Entities” (the “Law”) concerning reduction of quorum of general meeting in limited liability companies (LLCs) from 60%…