uResidency to Be Launched, Licensing Update for Medical Cannabis

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 Eases Currency Restrictions, Prohibition of the Use of Palm Oil

National Bank of Ukraine Eases Currency Restrictions to Support Defense and Business On 10 September 2024, the National Bank of Ukraine introduced amendments to the effective currency restrictions aimed at supporting the activities of enterprises and the Nuclear Insurance Pool. The above amendments were introduced…

Tax Increase, ePermit, the First War Risk Insurance, Customs Reboot

Verkhovna Rada Adopts Draft Law on Tax Increase in First Reading This refers to Draft Law No. 11416-d dated 30.08.2024 on amendments to the Tax Code of Ukraine regarding the peculiarities of taxation during martial law. The currently adopted version of the Draft Law provides…