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April 28, 2015Strengthening the protection of investors’ rights
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…
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April 7, 2015Business Facilitation
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…
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April 5, 2015New Conditions for Reducing Single Social Contribution Rate
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…
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April 2, 2015Clarifications of the Supreme Court of Ukraine
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…
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April 2, 2015Salary compensation to mobilized servicemen
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…
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April 2, 2015Payment under foreign economic agreements
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….
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April 2, 2015Business deregulation plan approved
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…
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April 2, 2015Enhanced liability of bank related persons
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…
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April 1, 2015Procedure for approval of land management project simplified
The amendments to Article 1861 of the Land Code of Ukraine regarding simplification of the procedure for approval of the land management project introduced on 11 February 2015 became effective…
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April 1, 2015Simplification of state registration of drugs
On 18 March 2015, the Cabinet of Ministers of Ukraine adopted Resolution No. 125 and amended the Procedure of state registration (renewal) of drugs. The adopted resolution cancelled the requirement…