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April 1, 2016Protection of investors’ rights
On 1 May 2016, the Law of Ukraine concerning protection of investors’ rights becomes effective. As previously reported, adoption of the Law aims at strengthening of protection of investors’ rights…
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April 1, 2016Establishment of the German-Ukrainian Chamber of Commerce and Industry
On 16 March 2016, the Verkhovna Rada ratified the Agreement between the Government of Ukraine and the Government of the Federal Republic of Germany on establishment of the German-Ukrainian Chamber…
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April 1, 2016Simplification of entry to Ukraine for citizens of certain countries
Pursuant to its Resolution No. 145 dated 2 March 2016, the Cabinet of Ministers of Ukraine amended the Rules for issuing visas for entrance and transit through the territory of…
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March 31, 2016Improvement of state property privatization process in Ukraine
The Law on improvement of privatization process dated 16 February 2016 became effective on 6 March 2016. The Law establishes that legal entities and their affiliates, registered in countries, which…
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March 31, 2016Ratification of the WTO Agreement on Government Procurement
On 16 March 2016 the Verkhovna Rada of Ukraine ratified accession of Ukraine to the WTO Agreement on Government Procurement. This Agreement is one of the most important among agreements…
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March 11, 2016Updated recommendations on calculation of fines for violation of competition law
On 16 February 2016 the Antimonopoly Committee of Ukraine (the AMCU) published the restated official version of the Recommendations on approaches for calculation of fines for competition law infringements, provisions…
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March 10, 2016Establishment of open registers on reimbursement of VAT
On 22 February 2016, the Cabinet of Ministers of Ukraine adopted the Resolution No. 68, which approved the procedure and application forms for reimbursement of VAT. We note that establishment…
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March 8, 2016Subtle liberalization of currency restrictions
On 3 March 2016, the National Bank of Ukraine (the NBU) published its Resolution No. 140 «On stabilization of credit and currency control markets of Ukraine». It was expected that…
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March 6, 2016Procedure on feed-in tariff premium approved
On 26 February 2016, the Procedure on determining the level of use of Ukrainian-made equipment on electricity objects that produce electricity from alternative sources of energy and establishment of the…
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March 3, 2016AMCU sanctioned a butter manufacturer for provision of misleading information
Pursuant to the decision of the Antimonopoly Committee of Ukraine dated 16 February 2016, a fine in the amount of UAH 790,311.00 (approx. USD 29,270.00) was imposed on «Starokonstantynivska Milk…