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”
LABOR DISPUTES: TOP 10 COURT DECISIONS OF 2024
Understanding the key aspects and specifics of court practice in labor disputes will help both employers and employees to protect their rights effectively and avoid potential conflicts in the future. In this article, we will look at the trends in labor disputes by analyzing the main decisions of the Supreme Court in 2024.
TYPICAL MISTAKES EMPLOYERS MAKE WHEN RESERVING EMPLOYEES
Over the past year, the employee reservation procedure in Ukraine has changed several times, which has added new challenges for businesses. However, recent trends in the regulation of the procedure indicate a course towards its simplification and automation.
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.
PECULIARITIES OF CLOUD SERVICE OPERATIONS IN UKRAINE: NEW LEGAL LANDSCAPE AND OPPORTUNITIES FOR GLOBAL PROVIDERS
Cybersecurity is becoming one of the top priorities for any country. This issue is particularly acute in Ukraine, which is in an active phase of war, as Ukraine’s critical infrastructure, networks, registries, and archives are constantly under threat from cyber-attacks.
Recovery of expenses for professional legal aid: practice, problems and prospects
Every year, millions of cases are filed with the courts. Last year their number was over 5 million, which indicates a large number of people who are forced to defend their rights in court. In such cases, seeking professional legal assistance from lawyers is a common practice.
ANTI-CORRUPTION REGULATION 2021
Find out more about anti-corruption regulation in Ukraine and its compliance with international anti-corruption law, the latest amendments to Ukrainian anti-corruption legislation, as well as activities of Ukrainian anti-corruption bodies in special report prepared by Managing Partner, Attorney at law Valentyn Gvozdiy.
Foreign companies doing business in Ukraine in 2021: tax issues to consider
In the middle of 2020, significant tax reform was introduced in Ukraine. The newly adopted changes aim at implementing the BEPS plan into Ukrainian legislation and can influence significantly the presence of foreign business here.