Legislative Developments in Ukraine: Franchising Agreements’ State Registration Procedure may be Revised

On 15 June 2010 the Draft Law of Ukraine "On Amending Certain Legislative Acts of Ukraine (regarding state registration of commercial concession agreements¹)" No. 2334 of 07 April 2008 (the "Draft Law") was adopted by the Parliament of Ukraine in the first reading. Presently, the said Draft Law is pending for the second reading.

The Draft Law amends Article 1118 (2) of the Civil Code of Ukraine and Article 367 (2) of the Commercial Code of Ukraine with the provisions on state registration of franchising agreements. Under the Draft Law the registration of franchising agreement shall be performed by the central body of executive power in the sphere of intellectual property protection, i.e. the State Department of Intellectual Property of the Ministry of Education and Science of Ukraine.