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Oleg Ustenko, economist and adviser to the President of Ukraine, told the Ukrainian Radio how the Fund for Liquidation of Consequences of russian Aggression is replenished, what is the amount of losses caused by war, when costs will be transferred to Ukraine from seized assets of the russian federation, and how the so-called Marshall Plan … Continue reading Mr. Usenko, the President’s adviser, states that losses caused by russia’s war against Ukraine make up a trillion USD dollars 

According to the results of a recent assessment by the World Bank, Ukrainian recovery and reconstruction will require at least $411 billion. This figure is 1.5 times higher than the size of the pre-war economy of Ukraine - writes Anna Derevyanko, European Business Association Executive Director (pictured), Plans to rebuild Ukraine are already being talked … Continue reading Ukraine: The path to the recovery

Why can’t we talk about full reconstruction of Ukraine without private funds and what is required to attract investors?  One more session of the Ukraine Recovery Conference in London clearly shows how strongly the Western world supports Ukraine in its fight against russian aggression.  Inspirational speeches by top officials of the UK, the US and … Continue reading A closed circle: there are funds for restoration, but there is no money for investment 

This year, Ukraine Recovery Conference 2023 in London has become one of the most significant events upon Ukraine recovery. As for its scope and importance, it managed to surpass the very first such event in Lugano. For the last year, Ukraine had to draw up conclusions following the Swiss conference, while partners had to decide … Continue reading Ukraine attracted 60 billion USD for the URC. How is the West ready to help and what mistakes is Ukraine making regarding reconstruction: report by Dmytro Natalukha, Chairman of the Supreme Council Economic Committee 

The perseverance of you – the Ukrainian people – in going about your daily lives despite the horrific pain and suffering caused by Russia’s illegal full-scale invasion is recognised all around the world.  The same is true of Ukrainian businesses, who are striving to sell their products, service their clients and support their employees despite the devastation … Continue reading Recovery Begins during War: What Does UK Offer to Ukrainian Businesses?

Interlegal regular client filed a request concerning, inter alia, controlled foreign companies (CFCs). Rules on CFC taxation in Ukraine entered into force on January 1, 2022. CFC is a foreign company either owned or managed by the Ukrainian resident. In such cases, tax legislation of Ukraine provides for taxation on its adjusted profit in Ukraine, … Continue reading Controlled foreign companies: legal consulting by Interlegal