On 26 February 2016, the Procedure on determining the level of use of Ukrainian-made equipment on electricity objects that produce electricity from alternative sources of energy and establishment of the relevant premium to feed-in tariffs became effective. We note that…

Pursuant to the decision of the Antimonopoly Committee of Ukraine dated 16 February 2016, a fine in the amount of UAH 790,311.00 (approx. USD 29,270.00) was imposed on «Starokonstantynivska Milk Factory» for breach of economic competition legislation due to provision…

On 11 February 2016, the State Fiscal Service of Ukraine published it letter No. 4698/7/99-99-19-03-02-17 «On refusal to apply the special VAT regime». Due to a number of enquiries in relation to voluntary refusal of agricultural entities to apply the special…

On 3 February 2016, the Cabinet of Ministers of Ukraine amended the Procedure for imposition of fines for breach of labour legislation and employment of citizens, approved by the Resolution of the Cabinet of Ministers of Ukraine No. 509 dated…

On 3 December 2016, the National Bank of Ukraine published its letter No. 25-0005/8349, which amended the terms of banking check of information on financial transactions for purchase of foreign currency for the purpose of transfer abroad. Overall, the position…

This article discusses the procedure and the list of documents required for direct or indirect acquisition of significant shareholding in a Ukrainian bank (including ultimate beneficiaries). The article is written in English and authored by Andrii Zharikov, LL.M.

On 3 February 2016, the Verkhovna Rada of Ukraine adopted a number of laws ratifying several loan agreements. Thus, the agreement with the European Investment Bank, pursuant to which Ukraine will get EUR 400 million for development of municipal infrastructure,…

In 2015 Ukrainian legislation related to the acquisition of a significant shareholding in a bank was substantially amended. This was due to the harmonisation of Ukrainian legislation with EU legislation. Changes were, therefore, made to the laws of Ukraine as…

DLF’s lawyers prepared an analytical article for the German publisher NWB, which deals with transfer pricing rules in Ukraine following amendments to the Tax Code in 2015, as well as clarifications issued by the State Fiscal Service of Ukraine. The…

This brochure (in English) provides a complex analysis of the current Ukrainian legislation applicable to agribusiness, including legislative framework for sale and purchase and lease of agricultural land, regulation of employment relations and taxation.