In this publication in English Igor Dykunskyy, LL.M., and Andrii Zharikov, LL.M., specify the process for legal due diligence of companies and its benefits, and also provide valuable advice for optimization of the appropriate procedure by way of identification of…

On 15 April 2016, DLF attorneys-at-law successfully obtained approval for economic concentration (M&A) for a transaction, which encompassed acquisition of banking assets of the European banking and insurance group by one of the largest banks in Hungary. It is worth…

In its letter No. 8923/6/99-99-19-03-02-15 dated 20 April 2016 the State Fiscal Service of Ukraine clarified peculiarities of taxation of abroad employment intermediaries. Thus, the procedure for VAT taxation of transactions regarding intermediary abroad employment services depends on the place…

On 11 May 2016, the Supreme Court of Ukraine at its joint meeting of civil and criminal chambers decided the matter on invalidation and cancellation of resolution of the district state administration and invalidation of the land lease agreement. Thus,…

On 17 May 2016, the Verkhovna Rada adopted changes to the Labour Code of Ukraine in relation to probation period. Thus, the Law extended the list of categories of employees which are not subject to probation period. These include: individuals…

CORPORATE lAW CUSTOMS LAW DOING BUSINESS REAL ESTATE RENEWABLE ENERGY

On 1 May 2016, the Law of Ukraine regarding certain changes in relation to protection of investors’ rights became effective. The Law provides for changes in the Commercial Procedural Code of Ukraine and introduces the new category of disputes: disputes…

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…

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…

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…