Ukraine is strengthening its position as an IT hub of choice by adopting new legislation aimed at creating favourable tax and legal conditions for tech companies operating in the country and fostering further investment in the sector.

At the beginning of 2022, a special legal and tax regime for Ukraine-registered tech companies called Diia City became fully operational [for more details please see our overview of the Diia City regime].

On 31 January 2015, the amendments to the Joint Stock Companies Law reducing the quorum for the general shareholders' meeting of a joint stock company entered into force.

The Law of Ukraine "Introducing Amendments to Certain Laws of Ukraine on the Enhancement of Corporate Governance" (the "Law" or the "SOE Law") entered into force on 8 March 2024.

The President of Ukraine has signed Law No. 289-VIII "On Amendments to Some Legislative Acts of Ukraine relating to Investors' Rights Protection" (the "Law") aimed at deregulating the economic activities of joint-stock companies...

Sayenko Kharenko acted as the legal counsel to Alpha Bank A.E., an Athens based bank, on the EUR 82 million sale of 100% shares in PJSC "Astra Bank" to a Cyprus based entity affiliated with Mr. Mykola Lagun.

ayenko Kharenko acts as the Ukrainian legal counsel to Porsche Ukraine Group companies, including Porsche Ukraine LLC and Porsche Inter Auto Ukraine LLC.

Finally, the Law establishes the bail as the primary precaution measure in the criminal investigation process.

On March 11, 2015 the Supreme Court of Ukraine by its ruling in the case No. 6-21цс15 found that private entrepreneur's property could belong to the couple and become subject to division if the couple divorces.

A so-called Procedure for Determining the Amount of Fines Imposed for the Violation of Laws on the Protection of Economic Competition (the "Procedure")...

The AMC will submit the draft law to the Ukrainian Parliament early this November and expects it to be adopted later this year.

In the last edition of Antitrust in focus we discussed various antitrust developments in connection with Russia's invasion of Ukraine.

Looking to register a business in Ukraine? Recent legislation changes have drastically reduced the set up time.

Ukrainian law now offers additional anti-raid protection in respect of a limited liability company (the "LLC"). Specifically, Law of Ukraine "On amending certain legislative acts...

The AMC completed revision of its procedural rules on merger notifications.

By its Resolution No. 296 dated April 11, 2012 the Cabinet of Ministers of Ukraine approved the Procedure for concluding agreements on joint activities, commission agreements, agency or property management agreements by state enterprises, institutions and organizations as well as by business companies with the state share exceeding 50%.

According to the Franchising Association of Ukraine, as of today about 400 franchising chains operate in the Ukrainian market.

Despite the pandemic, Sayenko Kharenko follows its development strategy and continues to strengthen its international team consisting of US, UK and EU qualified lawyers...