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September 2, 2015Feed-in tariff for households
On 25 August 2015 the Resolution No. 2046 of the National Commission for State Energy and Public Utilities Regulation dated 20 July 2015 became effective. The Resolution establishes the amount of feed-in tariff for households, which produce electricity from solar…
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The Supreme Court’s practice in commercial disputes
The commercial disputes chamber of the Supreme Court of Ukraine formed its legal opinions issued in the judgments of the second half of 2014 following review of court rulings on the grounds of unequal application of substantive law by the…
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August 26, 2015Disclosure of information on immovable property owners
On 14 July 2015, the Verkhovna Rada of Ukraine adopted the Law on strengthening of transparency in the area of ownership relations in order to combat corruption, which strengthens transparency in relation to owners of vehicles, immovable property and land…
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August 4, 2015Peculiarities of beer advertising as alcohol beverage
On 1 July 2015, the Law of Ukraine in relation to changes in the Tax Code of Ukraine came into force placing beer under the category of alcohol beverages. Accordingly, there is a need to consider certain requirements and limitations…
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Newsletter, July 2015
ADVERTISING LAW CURRENCY LEGISLATION DOING BUSINESS PHARMACEUTICALS REAL ESTATE TAX LAW
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Loan agreements with European banks ratified
On 15 July 2015, the Verkhovna Rada of Ukraine ratified several agreements on attraction of credit resources from European banks. Thus, the MPs supported the bill on the attraction of a loan in the amount of EUR 500 million from…
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August 3, 2015Maximum rent payment for land changed
On 24 July 2015, the Law of Ukraine on changes to the Tax Code in relation to the maximum amount of rent payment for land came into force. The Law prescribes that the amount of rent payment for state and…
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Moratorium on export of timber
On 10 July 2015, the amendments to the Law regulating peculiarities of state regulation over the activities of businesses involved in timber sales and export came into force. Pursuant to these amendments, Ukraine introduces a temporary 10 year moratorium on…
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August 2, 2015Procedure for notary access to Land Cadastre approved
On 24 June 2015, the Cabinet of Ministers of Ukraine by the Resolution No. 457 “Some questions on providing notaries with the access to the State Land Cadastre” approved the procedure for notary access to the State Land Cadastre. This…
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August 1, 2015Improvement of bank currency transactions
On 4 July 2015, the National Bank of Ukraine published its Resolution No. 427 dated 3 July 2015 which deals with improvement of bank currency transactions. The Resolution clarifies performance of currency transactions of those bank clients which have tax…