On 21 April 2015, the Verkhovna Rada of Ukraine adopted changes to the Tax Code of Ukraine. The Law was submitted to the President for signature and will come into…

On 7 April 2015 the Verkhovna Rada of Ukraine adopted the Law in relation to simplification of legal entity termination by way of merger, acquisition, spin-off or reorganization. Thus, the…

On 7 April 2015 the Verkhovna Rada adopted changes in certain acts relating to the protection of investors’ rights. Provisions of the Law are aimed at strengthening the level of…

On 5 April 2015, the Law «On Facilitation of Business (Deregulation)» came into force. This Law made a number of amendments to the legal acts of Ukraine with the purpose…

On 2 March 2015 the Verkhovna Rada amended the Law on Single Social Contribution. New conditions for lowering the coefficients (0.4 in 2015 and 0.6 in 2016) of the Single…

In March 2015, the Supreme Court of Ukraine (the SCU) clarified some aspects of application of legislation on foreclosure on the mortgage by notaries and joint and several liability of…

On 04 March 2015 the Cabinet of Ministers of Ukraine through the adoption of the Resolution No. 105 approved the Procedure for payment of compensations of the average salary to…

On 03 March 2015, the National Bank of Ukraine amended Resolution No. 597 on transfer of funds to non-residents under certain transactions regarding payment for services under foreign economic agreements….

On 18 March 2015, the Cabinet of Ministers of Ukraine approved the Business Deregulation Plan. The Plan contains 171 initiatives aimed at facilitation of doing business in Ukraine. Among the…

The amendments in relation to liability of bank related persons introduced on 02 March 2015 became effective on 08 March 2015. The amendments increased liability of bank managers, owners (final…