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April 27, 2015Conditions of doing business relieved
The article is a summary of the most recent changes to the Ukrainian legislation introduced at the beginning of 2015 that aim to facilitate business deregulation. Written by Igor Dykunskyy, LL.M. in German.
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April 16, 2015Vereinfachung von Geschäftsbedingungen in der Ukraine
Seit Jahresbeginn wurde in der Ukraine eine Reihe von Gesetzen verabschiedet, die auf die Deregulierung der Geschäftstätigkeit in diesem Land gerichtet sind. Die Änderungen sollen die ukrainische Gesetzgebung in einzelnen Gebieten in Einklang mit der Gesetzgebung der EU bringen. Diese…
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April 7, 2015Newsletter, March 2015
CORPORATE LAW DOING BUSINESS LABOUR LAW PHARMACEUTICALS REAL ESTATE
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Business Facilitation
On 5 April 2015, the Law «On Facilitation of Business (Deregulation)» came into force. This Law made a number of amendments to the legal acts of Ukraine with the purpose of deregulation of terms and conditions of doing business. The…
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April 5, 2015New Conditions for Reducing Single Social Contribution Rate
On 2 March 2015 the Verkhovna Rada amended the Law on Single Social Contribution. New conditions for lowering the coefficients (0.4 in 2015 and 0.6 in 2016) of the Single Social Contribution rates were introduced. The rates of the Single…
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April 2, 2015Clarifications of the Supreme Court of Ukraine
In March 2015, the Supreme Court of Ukraine (the SCU) clarified some aspects of application of legislation on foreclosure on the mortgage by notaries and joint and several liability of sureties. In case No.6-141цс14 the SCU confirmed the ruling of…
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Salary compensation to mobilized servicemen
On 04 March 2015 the Cabinet of Ministers of Ukraine through the adoption of the Resolution No. 105 approved the Procedure for payment of compensations of the average salary to mobilized servicemen from the state budget to entities, institutions and…
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Payment under foreign economic agreements
On 03 March 2015, the National Bank of Ukraine amended Resolution No. 597 on transfer of funds to non-residents under certain transactions regarding payment for services under foreign economic agreements. As of now, the expert price assessment act issued by…
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Business deregulation plan approved
On 18 March 2015, the Cabinet of Ministers of Ukraine approved the Business Deregulation Plan. The Plan contains 171 initiatives aimed at facilitation of doing business in Ukraine. Among the main points of the Plan the following are worth mentioning:…
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Enhanced liability of bank related persons
The amendments in relation to liability of bank related persons introduced on 02 March 2015 became effective on 08 March 2015. The amendments increased liability of bank managers, owners (final beneficiaries) and bank controllers over matters that affect the financial…