Draft of Security Guarantees for Ukraine

The Office of The President of Ukraine presented recommendations on international security guarantees for Ukraine, which should form the basis of a further international treaty – the Kyiv Security Compact. In particular, the mentioned recommendations drafted by the working group headed by Mr. Andrii Yermak,…

Legal News: new sanctions, NBU discount rate, "Visa-Free Customs"

New Sanctions The President of Ukraine introduced new sanctions against a number of individuals connected to the aggressor-state by his Decree dated 07.09.2022 No. 637/2022. The NBU discount rate remains the same The Board of the National Bank of Ukraine decided to keep the discount rate…

Preferences for Economic Recovery Projects

The Government approved a draft law on simplifying permit procedures for acquiring the right to land and initiation of construction processes during the implementation of projects aimed at economic recovery. It will soon be remanded submitted to the Parliament for consideration. It is assumed thatThe…

Lower tax rates: proposed reform

In an interview for one of the domestic publications, the deputy head of the President’s Office noted the possible implementation of the tax reform according to the “10-10-10” format: 10% – income tax;10% – personal income tax;10% – value added tax. In addition to the…

Exempt for sale of the products with non-Ukrainian labelling canceled

Resolution of the Cabinet of Ministers of Ukraine dated 19.08.2022 No. 928 (effective from 23.08.2022) amended the previously issued Resolution on sale of food products during the martial law. Thus, food products imported into the territory of Ukraine from 09.03.2022 to 01.12.2022, labelled in a…

The list of the military obliged persons who may travel abroad has been expanded

As the Minister of Digital Transformation of Ukraine Mr. Mykhailo Fedorov announced, the Cabinet of Ministers of Ukraine announced an opportunity of short-term business trips abroad for the military obliged persons representatives of from business. Employees of companies and individual entrepreneurs liable for military service…