On 8 December 2015, the Verkhovna Rada of Ukraine adopted the law on changes to the laws of Ukraine in relation to deregulation in agriculture, which aims at reduction of regulatory and licensing procedures for doing business in agriculture industry,…

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On 25 December 2015, the Verkhovna Rada of Ukraine adopted the law which provides for the public procurement to be made in electronic format. This law was adopted pursuant to the Association Agreement between Ukraine and the EU in part…

Updated article on the subject: Obtaining a licence for employment abroad On 16 December 2015, the Cabinet of Ministers of Ukraine adopted its Resolution No. 1060 «On approval of Licensing conditions for commercial activity in the form of intermediation in…

Pursuant to the Law of Ukraine “On the state budget for 2016” dated 25 December 2015, the minimum wage in Ukraine for 2016 is set at the following amounts: UAH 1378 (approx. USD 59) from 1 January , UAH 1450…

On 24 December 2015, the Verkhovna Rada of Ukraine adopted the Law of Ukraine “On changes to the Tax Code of Ukraine and certain acts of Ukraine in relation to balancing the budget revenues in 2016”. The changes affected almost…

One of the most common types of violation of currency legislation of Ukraine is breach of import-export transactions procedure. Breach of this procedure is not always a consequence of a fault of a business entity, including a foreign company. Also,…

On 24 November 2015, the Verkhovna Rada of Ukraine adopted the law in relation to prohibition to make changes to the Unified State Register of Legal Entities and Individual Entrepreneurs (USR) on the basis of copies of documents. In particular,…

By its Resolution “On stabilization of credit and currency control markets of Ukraine” No. 863 dated 4 December 2015 the National Bank of Ukraine again prolonged restrictions on the currency market. However, some restrictions were lifted. Thus, the mandatory requirement…

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