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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”…
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April 4, 2020Newsletter, April 2020
LAND MARKET CONTROLLING A DEBTOR COMPANY LIQUIDATION RENT PAYMENT DURING QUARANTINE DLF RECOMMENDED BY THE LEGAL 500 EMEA 2020
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March 27, 2020Emergency Situation Regime in Ukraine
On 25 March 2020, the Cabinet of Ministers of Ukraine resolved at its meeting to introduce the emergency situation regime throughout the country for 30 days. The emergency situation regime involves informing the population, creating an organizational structure, coordinating the…
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March 26, 2020Obtaining the Force Majeure Certificate in Ukraine
On 23 March 2020, taking into account the situation, in which many companies found themselves in Ukraine, and the quarantine, introduced by the Cabinet of Ministers of Ukraine, the Chamber of Commerce and Industry of Ukraine has simplified the procedure…
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March 25, 2020COVID-19: Abolition of Import Duty and Import VAT on Certain Medicines and Medical Equipment in Ukraine
On March 20, 2020, the Cabinet of Ministers of Ukraine approved by its Decree No. 224 dated March 20, 2020, the list of medicines, medical devices and equipment necessary to prevent the emergence and spread of coronavirus disease (COVID-19) to…
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March 24, 2020Business Tax Relief in Ukraine due to COVID-19 outbreak
On 18 March 2020, the Law On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine on Taxpayers Support for the Period of Measures to Prevent the Occurrence and Spread of Coronavirus Disease (COVID-19) came into force…
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February 13, 2020Tax system of Ukraine: VAT, single social contribution and property tax
Value-added tax in Ukraine The value-added tax (VAT) rate is 20%. For pharmaceutical products, the VAT rate is 7%. It should be noted that 0% VAT rate is applied to export of goods in the customs regime from the territory…
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February 1, 2020Investing in Ukraine: overview
Every year, Ukraine is becoming an increasingly attractive investment destination, as the country represents a comparatively large market with over 42 million consumers. Not only the labour force but also raw materials and other production costs, including electricity and water,…