Category: Legal News

President Signs Law on Restricting the Use of Palm Oil On 06 November 2024, the President of Ukraine signed the Draft Law No. 5148 on improving the quality of food products consumed by children, which provides, inter alia, for prohibitions of use of palm oil.…

State Budget for 2025 On 31 October 2024, the Verkhovna Rada of Ukraine adopted in the first reading the Draft Law on the State Budget of Ukraine for 2025. The Draft currently sets out, inter alia, a number of key macroeconomic indicators, including: general fund…

This refers to the Law No. 3977-IX “On Amendments to the Customs Code of Ukraine on Establishing the Peculiarities of Service in the Customs Authorities and Certification of Customs Officials”. We have already written about this law in more detail earlier. Thus, the Law shall…

Verkhovna Rada Adopts Law on Tax Increase On 10 October 2024, the Verkhovna Rada of Ukraine adopted in the second reading Draft Law No. 11416-d, which provides for a number of tax changes, some of which enter into force retroactively – from 1 October 2024.…

Electronic Residency Program to Be Launched in Ukraine Soon According to the Ministry of Economy, Ukraine is about to launch the uResidency program, which will provide foreigners with the opportunity to do business in Ukraine. This project is expected to increase tax revenues from e-residents…

NBU Keeps Discount Rate at 13% On 19 September 2024, the Board of the National Bank of Ukraine decided to keep the discount rate at 13%. According to the statement of the NBU, this step will contribute to the gradual return of inflation to the…