Starting from 7th of February 2019, new Law of Ukraine “On Currency and Currency Transactions” comes into force. It implements long-awaited currency reform in Ukraine and a new core principle …
Doing Business as Private Entrepreneur in Ukraine – Q&A
In today’s society, an increasing number of people are deciding to work on a freelance basis or to build a small business of their own instead of taking on traditional …
Ukraine Removes Limits on Foreign Currency Cash Withdrawals
The National Bank of Ukraine (hereinafter – NBU) has canceled limits on withdrawals of cash in foreign currency from bank accounts in Ukraine. Such decision was reflected in the Regulation …
Foreign Currency Control Restrictions Eased in Ukraine – June 2017
Starting from 16th of June, 2017 the National Bank of Ukraine (NBU) has eased a number of currency control temporary restrictions related to repatriation of investment and investment profits from …
Ukraine Reduces Dividends Tax Rate
As part of Ukraine’s strategy to improvement of investment climate in Ukraine, on the 23rd March 2017 the Ukrainian Parliament has introduced changes to the Tax Code of Ukraine, that …
Get Your Visa at the Border – Ukraine Welcomes Foreign Tourists
Starting from 17th of April, 2017 Ukraine has simplified its visa rules for selected number of countries. As a result, the following changes were introduced: 1. Citizens of the following …
Export of Services from Ukraine Simplified
Starting from 3rd of December, 2016 Ukraine has eliminated unnecessary bureaucratic procedures, which were applicable to settlements for Ukrainian service export. Namely, in accordance with the adopted Law of Ukraine …
Ukraine Guarantees Deposits of All State Banks: Who Will Pay for Privatbank Debts?
On December 20, 2016, the Ukrainian Parliament urgently adopted draft law of Ukraine # 5553, which introduces state guarantees of all the deposits of individuals in state banks. It is …
How to Extend Your Visa in Ukraine
Have you found the man or woman of your dreams in Kiev, or just fallen in love with the city itself? Can you not tear yourself away before seeing one …
Ukrainian Real-Estate Law Amended – October 2016
On October 6, 2016, Ukrainian Parliament amended Ukrainian real-estate law with an aim to further strengthen property rights in Ukraine. Key Changes Introduced: State registration of ownership and other property rights can …