NBFC was established in Ukraine
NBFC was established in Ukraine

The SDM PARTNERS team, led by partners Serhiy Dzis, Felix Aronovych and lawyer Hanna Nepomiashcha advised the Czech company on the establishment and initial support of a non-banking financial institution (NBFC) in Ukraine. The firm has successfully supported similar projects before. But it was the…

SDM Partners has successfully defended the Mars Group Ukraine
SDM Partners has successfully defended the Mars Group Ukraine

According to the results of 2013-2014, LLC Wrigley Ukraine (a company that is part of the Mars group selling well-known brands of chewing gums and sweets) had a significant overpayments (almost UAH 28 million) related to advance income taxes, which were subject to payment under…

What To Do With Renting When A Business Is Quarantined?
What To Do With Renting When A Business Is Quarantined?

On March 11, 2020, the Cabinet of Ministers of Ukraine has issued Decree No. 211 “On Prevention in Ukraine of the Acute Respiratory Disease COVID-19 caused by the SARS-CoV-2 Coronavirus” establishing a quarantine throughout Ukraine, which has currently been extended until April 24, 2020. Due…

Payroll Optimization During Quarantine
Payroll Optimization During Quarantine

The quarantine, which is accompanied by the inability of businesses to function properly, often results in optimization of the payroll due to stagnation, or in general, the cessation of financial inflow to businesses. In other words, during quarantine, an employer can look for ways to…

Land Market Law. What do you need to know?
Land Market Law. What do you need to know?

30.03.2020 the Parliament of Ukraine (Verkhovna Rada) has adopted in the second reading the Draft Law No. 2178-10 concerning the opening of the agricultural land market. The Draft Law provides for the gradual introduction of the following amendments: (A) the moratorium on alienation of agricultural…

Force Majeure As A Way To Avoid Losses In Liabilities
Force Majeure As A Way To Avoid Losses In Liabilities

Force majeure circumstances Events of force majeure, or as they are often called force majeure circumstances, as of today is the most talked about topic in the Ukrainian (and not only) business environment, immediately after discussing the spread of a coronavirus pandemic … and not…