Starting from the 1st of January 2020, Ukrainian Parliament has increased the amount of minimum wage and minimum living wage in accordance with the new Law of Ukraine “On the …
Ukraine Simplifies Visa D Rules
The government of Ukraine has adopted law which simplified rules for obtaining visa “D” – a special type of visa required for foreign nationals who would like to apply for …
Payment in US Dollars for Real-estate in Ukraine? Now possible!
As part of the ongoing currency reforms, the government of Ukraine has brought more good news for foreigners that wish to invest in Ukraine. The government will now allow foreigners …
Ukraine Revises Currency Control Regulations
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 …
How to Open an Escrow Account in Ukraine
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 …