Category: Publications

On 3 September 2023, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Regulation of Activities of Separate Subdivisions of a Legal Entity Established in Accordance with the Laws of a Foreign State" No. 3257-IX dated 14 July 2023 ("Law") came into effect. Key highlights The Law is developed to streamline various … Continue reading Ukraine: Improving regulation of foreign branches and representative offices

War can bring out the best in people, but it also sadly takes away many of the best among us. Around one-third of the more than six hundred member companies at the American Chamber of Commerce in Ukraine (AmCham Ukraine) have seen employees killed during the full-scale Russian invasion of Ukraine. Almost half of all … Continue reading Now is the time for businesses to look at Ukraine

Understanding procedures, stakeholders and milestones of Ukraines future recovery is essential for all parties planning to be involved in that process, including on the construction side. In this effort, the key messages currently available are as follows. Corporate Presence in Ukraine Foreign construction companies can carry construction activities in Ukraine by establishing one of the … Continue reading Ukraine Recovery and Reconstruction Projects: Key Legal Tips for Foreign Construction Companies

One should understand right now, how to start rebuilding a war-torn country and where to get money: better late than never.  For over one year, Ukraine has faced a large-scale destruction due to russian military aggression. Since outbreak of the war, the country’s economy has shrunk by almost a third. Today own funds are enough … Continue reading Where will Ukraine get funds for post-war reconstruction and what will it be spent on? 

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