Legal news. Latest news of SDM Partners Law Firm Ukraine

2% Single Tax Canceled from 1 Aug 2023, A New Sanctions

The Verkhovna Rada Canceled the 2% Single Tax from 1 August 2023: the Law was Adopted as a Whole On 30.06.2023, the Verkhovna Rada adopted as a whole the law (draft law No. 8401) aimed at returning tax legislation to the pre-war state. Among other…

The "large-scale" mode is turned on

Serhiy Dzis, partner of SDM Partners Law Firm, comments on the main novelties provided for by Law No. 3137-IX on the restoration of large-scale privatization. On June 20, President Volodymyr Zelenskyi signed Law No. 3137-IX (draft law No. 8250), which restores large-scale privatization. Among the…

Accounts in Electronic Court, Sanctioned Assets sale, the Status of the English Language

State Authorities and Private Legal Entities will be Required to Register in the Electronic Court On 29.06.2023, the Verkhovna Rada adopted in the second reading Draft Law No. 7574-d, which provides for the obligation of state authorities, lawyers, notaries, as well as all legal entities,…

Reforming the Regulation of Factoring, the Same with EU Product Classification

The Concept of Reforming the Regulation of Factoring in Ukraine has been Approved On 23.06.2023, the National Bank of Ukraine finalized and approved the Concept of reforming the regulation of factoring in Ukraine based on the results of public discussion. The changes envisaged by the…

Strengthening of Sanction Pressure on russia: 11th Package of Sanctions adopted

On June 23, 2023, the European Council adopted the 11th package of economic and personal restrictions to enhance pressure on the russian federation. The main objective of the new sanctions package is to implement a mechanism to counter the circumvention of already imposed sanctions through…

Cryptocurrency Taxation: the Draft Law

On 14.06.2023, the National Commission on Securities and Stock Market (NCSSM) presented the text of the draft law “On Amendments to the Tax Code of Ukraine and other legislative acts of Ukraine on regulating the turnover of virtual assets in Ukraine” to representatives of specialized…