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March 7, 2015Tax Exemptions for Defense Products
Starting from 1 March 2015 it is possible to import defense products into Ukraine without payment of import duty and VAT. Amendments to the Tax Code of Ukraine aimed at the exemption of defense products from import duty and VAT,…
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March 6, 2015Additional Import Duty Introduced
The Resolution of Cabinet of Ministers of Ukraine on the completion of negotiations with international financial organizations dated 16 February 2015 became effective on 25 February 2015. Adoption and publication of this Resolution was necessary in order to give effect…
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March 2, 2015Newsletter, February 2015
CORPORATE LAW CURRENCY LEGISLATION DOING BUSINESS LABOUR LAW RENEWABLE ENERGY LAW TAX LAW
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Changes in the tax legislation
A brief overview of the major changes to the Ukrainian legislation that came into effect at the beginning of 2015. An article in German, authored by Igor Dykunskyy, LL.M.
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February 27, 2015Control over advance payment under import contracts strengthened
The Resolution of the National Bank of Ukraine «On Peculiarities of Certain Currency Transactions» No. 124 dated 23 February 2015 came into force on 24 February 2015. The NBU imposed strict control over advance payment under import contracts. Thus, all…
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February 26, 2015Ukrainian Parliament imposes a special import duty
A publication in German providing a list of goods that are subject to the special import duty of 5 to 10% for the period of 12 months.
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Change in employment permit for foreigners
On 11 February 2015, the Resolution of the Cabinet of Ministers of Ukraine «On Deregulation of Economic Activity» No. 42 dated 28 January 2015 came into force. This Resolution introduces changes into the Procedure of issuance, prolongation and termination of…
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February 12, 2015Abolition of licensing imports of APIs
On 15 January 2015 the Verkhovna Rada adopted the Law No. 126-VIII “On amendments to certain laws of Ukraine on the abolition of licensing imports of active pharmaceutical ingredients”, which came into force on 1 February 2015. The law abolishes…
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February 9, 2015Newsletter, January 2015
CORPORATE LAW LABOUR LAW PHARMACEUTICAL LAW REAL ESTATE LAW TAX LAW
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February 5, 2015Tax Legislation Reform
On 1 January 2015, the Law of Ukraine dated 28 December 2014 regarding the amendments to the tax law came into force. This Law is aimed at optimization of tax system and improvement of business in Ukraine. It is worth…