Polygraph in criminal proceedings in Ukraine: an effective means of proof or a dubious tool?
Lie detector in domestic legal realities What do a lie detector and criminal procedure in Ukraine have in common? While pop culture and American television series often portray the polygraph, or so-called “lie detector,” as an indisputable tool for exposing lies, in reality, its use in Ukrainian criminal procedure remains a little-noticed and controversial topic. …
STARTUP INVESTMENT PECULIARITIES: LEGAL ADVICE
Funding early-stage companies with the goal of earning profits after their intensive growth phase has always been a popular financial tool – backing both the wealthiest and, paradoxically, the poorest individuals on the planet.
Current approaches of court practice regarding the recognition of a non-resident’s representative office in Ukraine as a permanent establishment
The status of a representative office of a foreign company directly affects the taxation of the activities carried out by such a representative office in Ukraine. According to the provisions of the Tax Code of Ukraine, a permanent establishment is a fixed place of business through which the business activity of a non-resident is wholly …
The Minerals Agreement: new opportunities for American investors
Recently, the Agreement between the Government of Ukraine and the Government of the United States of America on the Establishment of a United States-Ukraine Reconstruction Investment Fund (hereinafter the “Agreement”) has come into force for Ukraine.
How depository accounting of shares improves business security and opens up new opportunities for digitalising corporate governance
The problem of improper interference with the ownership structure of limited liability companies (LLCs) has been a persistent issue in Ukraine for many years. Businesses have repeatedly faced situations where shares in the charter capital have unreasonably “disappeared” from the Unified State Register (USR), and control over the company has been unauthorized transferred to third …
Legal side of M&A in the Ukrainian energy sector: stages, risks and key aspects
Despite the war, energy remains one of the most attractive industries for investors: in 2024 it provided 21% of the total income of the economy. This stimulates activity in the M&A market, where complex transactions require comprehensive legal support.
PRE-LIQUIDATION AUDIT OF COMPANY ACTIVITY: PROCEDURE, TIPS, AND RISKS
The liquidation of a company is a legal process of terminating a legal entity, which may be initiated either by the business owners or on the grounds stipulated by law. Reasons for liquidation may include the completion of business operations, internal restructuring of a business group, economic impracticality of further operations, or changes in the …
Continue reading “PRE-LIQUIDATION AUDIT OF COMPANY ACTIVITY: PROCEDURE, TIPS, AND RISKS”
CHARTER CAPITAL FORMATION OF LLC IN UKRAINE: WHY IS IT IMPORTANT FOR YOU?
Charter capital is the sum of funds and/or property that founders (participants) transfer to an LLC (hereinafter referred to as “company”) when it is set up and during its existence. Charter capital is the nominal value of the participants’ shares, expressed in hryvnias.
Company actions during a tax audit
Despite the legislative definition of the specifics of scheduled or unscheduled tax documentary audits, companies often wonder how to act during such audits, what documents and in what way to provide, etc.
Conditions for electricity import for businesses in Ukraine
In 2024, Ukraine significantly increased its electricity imports, raising the volume by 5.5 times compared to the previous year, reaching 4.4 million MWh. According to monitoring data from ExPro Electricity, the largest electricity supplier was Hungary, accounting for 39% of total imports. Other suppliers included Slovakia (23%), Romania (18%), Poland (14%), and Moldova (5%). The …
Continue reading “Conditions for electricity import for businesses in Ukraine”