The introduction of martial law in Ukraine in February 2022 has created a difficult legal and operational environment for the activities of not only domestic but also foreign companies in Ukraine. The actions of state bodies and enterprises, dictated by the specifics of martial law, sometimes create significant challenges for the stability of foreign business. …
Legal risks and peculiarities of investing in property near water bodies
Despite the attractiveness of being located near water, water fund land has a special legal status, which significantly affects the possibility of using it for investment. These lands are mostly in state and municipal ownership, cannot be privatised and have strict restrictions on their use, including development. Investing in property located near water bodies may …
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M.S.L. v. Ukraine case: did the ECtHR break a new ground on Ukraine`s NSDC sanctions?
On 16 October 2025, the European Court of Human Rights delivered its judgment in the case of M.S.L. LLC v. Ukraine. The case concerned one of the first sanction packages introduced by a Presidential Decree back in 2015 under the recently enacted Law of Ukraine «On Sanctions». Citing threats to national security, the Ukrainian applicant …
GOVERNMENT EASES IMPORT RULES FOR EQUIPMENT IN LARGE-SCALE INVESTMENT PROJECTS: WHAT HAS CHANGED AND HOW IT WILL WORK
On 9 September 2025, the Government approved amendments to the Procedure for importing new equipment (machinery) and components into the customs territory of Ukraine and their targeted use, which are imported by an investor with significant investments exclusively for their own use in the implementation of an investment project with significant investments in accordance with …
A law has been adopted that allows booking men who are not registered or are wanted by the TCR
On October 9, the deputies adopted a law that provides for the possibility of booking men liable for military service who are not registered or are wanted by the TCR (draft law No. 13335).
Beneficial owner of income for applying benefits under DTTs: the Ukrainian approach
International double taxation treaties (“DTTs”) often provide that income of non-residents from Ukraine in the form of dividends, interest or royalties, can be subject to preferential tax rates. However, these benefits are not automatically applicable – certain requirements must be complied with to activate them.
Amending a contract in court due to a material change in circumstances: what international businesses need to know in the Ukrainian context
If you are a foreign investor or an international company doing business in Ukraine, you probably know that this market is dynamic and promising, but at the same time unpredictable.
REFORM OF SUBSOIL USE: FROM LEGISLATIVE CHANGES TO EUROPEAN INTEGRATION
1. Legal framework On 17 January 2025, Law of Ukraine No. 4154-IX came into force, amending the Code of Ukraine on Subsurface Resources and the State Programme for the Development of Ukraine’s Mineral Resources Base for the period up to 2030. In accordance with these amendments, the Government was authorised to amend the list of …
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How to Enforce Foreign Arbitral Awards in Ukraine: Recent Practices and Challenges
Roman PROTSYSHYN MCIArb and Kateryna SOLODOVNYK This guide from Ilyashev & Partners’s arbitration team addresses the practical recommendations for those considering the enforcement of an arbitral award in Ukraine.
The state’s mistake is not your burden
There is one simple but fundamental rule in relations between citizens, businesses, and the state: if the state has made a mistake, it has no right to correct that mistake at your expense if you have acted honestly and in good faith. These are not just nice words, but a real legal position that has …