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Ukraine > Legal market overview > Law firm and leading lawyer rankings

Editorial

Who Represents Who

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Ukraine deserves its recognition as ‘the breadbasket of Europe’ because of the strength of its agricultural sector. Heavy industry has been affected by the ongoing conflict in the eastern territories and the annexation of Crimea, but the technology sector is displaying healthy growth.

The economy is showing signs of recovery with GDP up 2.3% in 2016 and further growth forecast. Legislative reform is central to its future as the country moves to align itself further with the European Union. Efforts to tackle corruption are taking effect with, for example, the appointment of new Supreme Court judges. The Antimonopoly Committee now publishes its decisions, so competition law is a fast-growing practice area. White-collar crime practices have also seen an uptick in work as the judicial system undergoes reform.

International law firms including Baker McKenzie, Kyiv Office, DLA Piper Ukraine LLC, CMS and Dentons have benefitted from the steady return of foreign investors, as have regional players such as Kinstellar and Integrites. Leading domestic firms including Arzinger, Asters, Avellum, Sayenko Kharenko and Vasil Kisil & Partners remain dominant in many areas, though they face a growing challenge from boutique firms.

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Legal Developments in Ukraine

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  • BANKABLE PPA: A NEW VERSION FROM THE REGULATOR

    A power purchase agreement or PPA is one of the core documents needed for the purchase of electricity produced by a power plant.
    - GOLAW
  • ​HOW RISKY A TAXPAYER ARE YOU?

    A new blocking system for tax invoices, along with a new procedure for suspending the registration of tax invoices in the Unified Register of Tax Invoices, has been in operation since March 2018 in Ukraine. According to the new procedure, established under Cabinet of Ministers of Ukraine resolution № 117 of Feb. 21, 2018, the registration of tax invoices is suspended when such invoices meet the risk criteria of the transaction, or when the taxpayer meets the risk criteria set for taxpayers.
    - GOLAW
  • NEW INSTRUMENTS OF CORPORATE SECURITY UNDER THE NEW LAW ON LLCS

    Strong oversight of corporate security and risk-taking is surely one of the most critical component of companies’ management process. We are no longer talking about whether or not boards should implement corporate governance and compliance policies: in the current climate we are grappling with the issue of all-round companies’ protection, which raises a much more meaningful set of questions.
    - GOLAW
  • Doing business in Ukraine: turning point for the currency control in Ukraine

    One of the most hotly discussed topics in 2019 is currency control liberalization in Ukraine.The currency control liberalization was one of Ukraine’s priorities under the EU-Ukraine Association Agreement. At the beginning of 2019 the National Bank of Ukraine (hereinafter the “NBU”) approved and promulgated all long-awaited regulations, serving as the basis for a new liberal system of foreign currency control. The new currency control system will be launched on 7 February 2019, the same day as the Law of Ukraine  On Currency and Exchange Transactions  becomes applicable. The changes are aimed at deregulation, facilitating cross-border transactions with foreign currency and expanding the list of available foreign currency transactions.
  • AVELLUM successfully represents client’s interests in GAFTA arbitration

    AVELLUM successfully represented the client's interests in GAFTA arbitration in the dispute with a Swiss trading company.
  • AVELLUM advised EVO Group on its merger with Rozetka

    AVELLUM acted as the legal counsel to EVO Group, the internet company behind Ukraine’s leading marketplace Prom.ua, in connection with its merger with Rozetka, the leading online retailer based in Ukraine.
  • Viktoriia Morozova joins the AVELLUM’s Energy practice as of counsel

    AVELLUM is happy to announce that Viktoriia Morozova has joined the firm’s Energy and Infrastructure practice as an of counsel.
  • AVELLUM promotes Vadim Medvedev to tax partner

    AVELLUM is happy to announce the promotion of Vadim Medvedev to partner effective from 1 January 2019.
  • Certificate vs. Declaration of Conformity: What to Choose?

    Most Ukrainian companies have become accustomed to the fact that since 1 January 2018 the state certification system no longer exists in Ukraine. The compulsory certification abolishment, the transition to voluntary certification, and the application of technical regulations are part of the technical regulation system reform. Ukrainian manufacturers and importers therefore wonder: which document should be used to certify the conformity of products – a certificate of conformity or a declaration of conformity?
  • 2018 FCPA Enforcement Actions and Highlights

    Overall, 2018 was a more active year in terms of Foreign Corrupt Practices Act ("FCPA") enforcement actions compared to 2017.

Press Releases in Ukraine

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to