Foreign E-Trust Services, a New Mechanism for Insuring Ships Against War Risks

The Government has Adopted a Resolution on Foreign E-Trust Services: What is Provided? On 14.11.2023, the Cabinet of Ministers adopted a Resolution No 1198 defining the mechanism for recognizing foreign trust services in Ukraine. It is provided that the adopted provisions will ensure the possibility…

State Budget 2024 has been adopted, Ukraine's Negotiation Process with EU

State Budget of Ukraine 2024 has been adopted On 09.11.2023 Verkhovna Rada of Ukraine adopted in its entirety Law of Ukraine “On the State Budget of Ukraine for 2023” (the “Law”). Let us please remind you of following key macroeconomic indicators established by the Law:…

Rada Supported Tax Audits Renewal, Strengthening of Financial Monitoring of PEPs

Verkhovna Rada Preliminarily Supported Tax Audits Renewal On 17.10.2023, the Verkhovna Rada adopted in the first reading amendments to the Tax Code of Ukraine, among others, suggesting to cancel the moratorium on tax audits (Draft Law No. 10016-д). However, according to the Ministry’s of Finance’s…