Land lease auctions soon: the Ministry of Economic Development and Trade informs that the state enterprise “Prozorro. Sales” starts a pilot project with the State Geocadastre. Within the framework of this project, the lots in the form of landlease rights will appear in the “ProZorro.Sales“…
Category: Legal News
Moratorium on land sales extended until January 1, 2020
The term of the moratorium on the alienation of agricultural land is extended for a year, until January 1, 2020. The corresponding Law “On Amendments to Section X” Transitional Provisions “of the Land Code of Ukraine regarding the extension of the ban on the alienation…
The National Bank will simplify the procedures for supervising foreign exchange transactions
The National Bank promulgated a draft regulatory legal act developed pursuant to the provisions of the Law of Ukraine “On Currency and Foreign Exchange Transactions” and aimed at simplifying the procedures for supervising foreign exchange transactions, introducing an effective risk-based approach in this area. The draft…
Foreign financial institutions will be able to open nominal holder securities accounts in Ukraine
On November 24, Law No. 2418-VIII “On Amendments to Certain Laws of Ukraine Concerning the Facilitation of Attracting Foreign Investment” came into force. Thus, the Law “On the Depositary System of Ukraine” introduced the concept of “nominee holder”, a foreign financial institution that is registered…
Getting License for a Utility Model Becomes Faster – a Project
On December 5, the Government approved a draft law by the Ministry of Economic Development on the protection of rights to inventions, utility models, industrial designs and trademarks According to the rules in force, the similar results of intellectual activity, both like inventions and useful…
The Changes to the Tax Code Come Into Force on January 1
The Law on Amendments to the Tax Code and other legislative acts of Ukraine on the Administrative Improvement and Revision of the Rates of Certain Taxes and Fees No. 2628-VIII of November 23, 2018, is officially published and comes into force on January 1, 2019,…