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June 5, 2016The Cabinet of Ministers approved ‘single window’ system at customs
On 25 May 2016, the Cabinet of Ministers of Ukraine approved establishment and concept of functioning of the automated ‘single window’ system at customs, which is an electronic data exchange system aimed at facilitation of customs procedures and elimination of…
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June 4, 2016Payment of dividends by joint stock companies
On 12 April 2016, the National Securities and Stock Market Commission by way of its decision No. 391 approved the procedure for payment of dividends by joint stock companies. Pursuant to the procedure, a joint stock company may pay dividends…
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May 27, 2016Single price for gas for citizens and entities
Pursuant to the Resolution of the Cabinet of Ministers of Ukraine No. 315 dated 27 April 2016, the new tariff price for gas for citizens is established in the amount of UAH 6879 per thousand cubic meters as of 1…
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May 25, 2016Legal Alert | Renewable Energy
FEED-IN TARIFF SOLAR ENERGY WIND POWER BIOGAS
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May 4, 2016How much could be earned through “green” energy?
Starting from April 2009 Ukraine makes efforts to financially stimulate generation of electricity from alternative sources of energy. Such stimulation results in, first of all, legislative provision for feed-in tariff, i.e. the guaranteed obligation of the state to purchase generated…
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May 3, 2016Procedure for sale of ‘green’ energy generated by the households
On 15 April 2016, the restated Procedure for sale, accounting and payments for electricity generated from alternative energy power facilities of private households became effective. This procedure specifies the process of commissioning generating facilities of private households, procedure for accounting…
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April 16, 2016HOW MUCH COULD BE EARNED THROUGH “GREEN” ENERGY?
In this article, written in Ukrainian, the detailed analysis of feed-in tariff and tax benefits for the producers of “green” energy in Ukraine is provided. Authored by Igor Dykunskyy, LL.M.
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April 7, 2016Newsletter, March 2016
CORPORATE LAW CURRENCY LEGISLATION DOING BUSINESS
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April 4, 2016Updated NBU’s restrictions on the currency market
On 5 March 2016, the Resolution of the National Bank of Ukraine “On stabilization of credit and currency control markets of Ukraine” No. 140 dated 3 March 2016, extending restrictions on currency market. At the same time, some provisions of…
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April 2, 2016Effects of LLC quorum reduction
The Parliament of Ukraine made amendments to the Law of Ukraine “On Business Entities” (the “Law”) concerning reduction of quorum of general meeting in limited liability companies (LLCs) from 60% to 50%. Such amendments aim at reducing effects of abuse…