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June 6, 2020Newsletter, May 2020
AGRIBUSINESS IN UKRAINE HOW TO BUY REAL ESTATE FINANCIAL ASSISTANCE FOR SUBIDIARIES ULTIMATE BENEFICIARY DATA CONCESSION PROCEDURE
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June 2, 20206 steps for foreigners to buy real estate in Ukraine
Ukrainian laws impose almost no restrictions on acquisition of real estate in Ukraine by foreigners. Foreign nationals are entitled to dispose of the acquired real estate at their own discretion: to use, to lease, to give as a gift, to…
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Concluding contracts with Ukrainian business partners: practical advice
1. Contracts with Ukrainian business partners: key issues 2. Communication 3. Acceptance of services or goods 4. Powers and credentials of representatives Contracts with Ukrainian business partners: key issues Implementation of joint projects with Ukrainian business partners, supply of goods…
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May 25, 2020Agriculture in Ukraine: overview
1. Growth driver for the Ukrainian economy 2. Agribusiness in the structure of Ukrainian export 3. Structure of Ukrainian agricultural lands 4. Export of agricultural products to the EU 5. Agrologistics 6. Investing in agribusiness in Ukraine 7. Agritech: agriculture…
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May 21, 2020Permanent representations of non-residents in Ukraine: tax aspects
1. Concepts and types of permanent representations of non-residents 2. Features of permanent representations of non-residents 3. Representations that are not considered as permanent 4. Obligation of non-residents to register with regulatory authorities 5. Taxation of non-residents’ income 6. Performing…
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May 12, 2020Financial assistance for Ukrainian subsidiaries in times of crisis
1. Сoronavirus crisis 2. Additional contributions made by company shareholders 3. Financial assistance provided by company shareholders Interest-bearing loans Interest-free loans Non-repayable financial assistance 4. Debt-to-equity swap As a result of the coronavirus crisis, governments in many countries face a difficult…
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May 3, 2020How to control a Ukrainian debtor in times of crisis
The quarantine, as introduced on 12 March 2020, has forced many Ukrainian companies to reduce or suspend their operation. Service companies (hotel business, hospitality, entertainment facilities, etc.), and passenger carriers are unable to work at all. The quarantine has already…
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April 25, 2020Land market opening in Ukraine
1. Who can own a land plot? 2. Who will not be entitled to own the land? 3. How much land can be purchased and at what price? 4. Which land is prohibited to be sold? (Click on the…
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April 7, 2020Rental fee in Ukraine during the quarantine
Since 17 March 2020, mass events involving more than 10 people have been prohibited in Ukraine. Business entities are also prohibited to operate, if their activities relate to visitors reception, including public eating places, shopping and entertainment centres, other entertainment…
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April 6, 2020Force Majeure in Ukraine: Legal Aspects
On 17 March 2020, the Parliament of Ukraine adopted Law of Ukraine No. 530-IX On Amendments to Certain Legislative Acts of Ukraine aimed at Preventing the Occurrence and Spread of Coronavirus Disease (COVID-19). The Law also provides for interpreting the “quarantine”…