Starting from 23rd of March 2017, Ukrainian government has introduced amendments to the Civil Code of Ukraine and allowed to open and use escrow accounts. Escrow account is a type …
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 and India: Business Opportunities
Which country is famous for Bollywood movies, dazzling dances and colorful Holi festivals, invented yoga, chess, geometry and algebra and is the second most populous state in the world? Where …
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 …
Highlights of EEA Real Estate Forum 2016
“The market will go up, so we want to be here.” These optimistic words from Arie Schwarz, CEO of Seven Hills Group of Companies in Ukraine, were the key takeaway …