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August 3, 2015Moratorium 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…
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Changes to the Technical regulations in relation to medical devices
On 1 July 2015, changes to the Technical regulations in relation to medical devices and Technical regulations in relation to active implantable medical devices became effective. According to such changes, which were adopted on 1 July 2014, all medical devices,…
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Amendments to the DTTs with Austria, Ireland and Cyprus
According to the Ordinance of the Cabinet of Ministers No. 677 p of 1 July 2015, Austria has been withdrawn from the list of countries, with which trade transactions are subject to enhanced control within the framework of implementation of…
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July 29, 2015Lohnveredelung in der Ukraine
Die Ukraine ist dem Westen nah – und auch logistisch gut an den Westen angebunden. Deswegen sind besonders die westlichen Regionen der Ukraine ein idealer Ort für alle Unternehmen, die im Rahmen der Lohnveredelung produzieren und ihre westlichen Kunden beliefern….
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July 28, 2015Freelancers will work with foreign clients without contracts
On 7 July 2015, the National Bank of Ukraine published its letter No. 2201012/46746, in which it clarified control over transactions of residents which export services to non-residents via Internet. Thus, the National Bank of Ukraine allowed freelancers to work…
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Import of materials used for helmet and body armour manufacturing
On 24 July 2015, the Law of Ukraine dated 30 June 2015 amending the Tax Code in relation to special protective equipment came into force. The Law exempts from VAT the following transactions on import to the customs territory of…
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July 13, 2015Changes to feed-in tariffs for renewable energy
The article covers the changes of the procedure for establishing the feed-in tariff in Ukraine, cancellation of the local content requirement, as well as assignment of a premium to the feed-in tariff in case of use of equipment of Ukrainian…
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July 8, 2015Feed-in tariff reform
On 4 June 2015, the Verkhovna Rada adopted the Law of Ukraine in relation to changes regarding energy production from alternative energy sources. This Law changed procedure for establishment of the feed-in tariff, cancelled the local content requirement and specified…