UPDATING OWNERSHIP STRUCTURE AND INFORMATION ON ULTIMATE BENEFICIAL OWNERS
Maintaining up-to-date information on ultimate beneficial owners (the “UBOs”) and the ownership structure in the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organisations (the “USR”) is an obligation of every legal entity in Ukraine.
Features of the Enforcement of Foreign Court Decisions in Ukraine
In today’s environment of active international relations, the issue of recognizing and enforcing foreign court decisions in Ukraine has become particularly relevant. The growing number of international disputes involving Ukrainian companies and citizens in the areas of business, family, inheritance, and property law necessitates the creation of effective mechanisms for enforcing foreign court decisions within …
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Disputes Over IT Products and Software Code: Who Owns Them?
Yaroslav Baienko, Senior Associate at Litigation and Dispute Resolution practice at GOLAW, Attorney at law Introduction The Ukrainian IT industry faces a paradox: the technical complexity of products is increasing, while the legal framework governing relationships among development participants often remains at the level of “verbal agreements.” Typical triggers for conflicts include the breakdown of …
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The Verkhovna Rada has updated the competitive conditions for the development of renewable energy
On 10 February 2026, the Verkhovna Rada of Ukraine adopted in the second reading Law No. 13219 “On Amendments to Certain Laws of Ukraine on Improving the Conditions of Support for Electricity Production from Alternative Energy Sources” (the “Law”). The Law was developed to achieve the goals of the National Energy and Climate Plan until 2030 …
TOP-10 QUESTIONS ON MERGER CONTROL IN UKRAINE
Which transactions require merger clearance? If the transaction constitutes “concentration” under Ukrainian law, merger clearance may be required. The definition of “concentration” includes different types of transactions: (1) merger or acquisition; (2) acquisition of control (direct or indirect); (3) joint ventures. However, not every concentration requires merger clearance. Only concentrations exceeding financial thresholds are notifiable.
Protecting foreign businesses from illegal actions by state bodies and enterprises under martial law: challenges and legal instruments
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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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.