Newsletters

New Probation Rules Proposed

08 May 2015

On April 21, 2015 the draft Law, amending probation rules set by the Labour Code, was passed as the basic draft in the first reading. Currently, the Draft is being prepared for the second reading, during which it can be amended.

Intellectual Property in the Period of Decommunization

23 Apr 2015

On April 9, 2015 the Parliament adopted the Law of Ukraine “On Condemning the Communist and National Socialist (Nazi) Totalitarian Regimes in Ukraine and Banning the Propaganda of Their Symbols”...

Corporate Officers’ Dismissal: More Space to Act

20 Apr 2015

On April 5, 2015 the Law of Ukraine (the “Law”) entered into force, extending the list of “corporate officers” and implementing a wide-ranging array of other deregulation changes.

Deregulation in Action

14 Apr 2015

On April 5, 2015, the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine for Simplification of the Conditions of Doing Business (Deregulation)” entered into force...

Employers can now receive compensation for salaries paid to conscripted employees

26 Mar 2015

On March 17, 2015 a long-awaited procedure became effective, finally allowing employers to claim compensation for salaries paid to employees that were mobilized but continue to receive an average income for the period of conscription...

Currency Market of Ukraine: new stabilization measures from NBU

19 Mar 2015

Until June 3, 2015 currency restriction mode imposed almost six months ago by the Resolutions of the National Bank of Ukraine (hereinafter - the "NBU") №540 dated August 29, 2014 and №758 dated December 01, 2014, which are not effective as of today, will continue to operate...

What is Tax Compromise?

05 Mar 2015

The tax compromise is a regime of exemption of taxpayers and/or their officials from legal liability, which applies within the statute of limitations (1,095 days) to legal relations that arose prior to April 1, 2014.

Currency Limitations For Ukrainian Importers

25 Feb 2015

On February 23, the next day after its announcement and publication by the National bank of Ukraine (the “NBU”), the Resolution No. 124 “On Peculiarities of Performing Certain Foreign Currency Transactions” came into effect,which introduced a number of foreign exchange restrictions for Ukrainian importers.

Hiring Foreign Workers Simplified

19 Feb 2015

On February 11, 2015 a new regulation of the Cabinet of Ministers of Ukraine (the “Regulation”) came into effect, easing rules on hiring foreign workers and also deregulating energy, agriculture and food & beverage sectors.

Franchising: Parliament Has Simplified Conditions For Conducting Business

16 Feb 2015

This information will be useful both for all companies that are already developing their own franchise networks and for entrepreneurs who are just planning to acquire a set of rights and become a franchisee.