News
Quarantine in Ukraine extended until April 24
The Cabinet of Ministers of Ukraine extended quarantine in connection with the coronavirus pandemic. The government made this decision during a meeting on Wednesday, March…
New disclosure rules for end beneficiaries of companies in Ukraine
On April 28, 2020, a new Law No. 361-IX of December 6, 2019, which provides for new rules for disclosure of final beneficiaries of legal…
EBA meets with Volodymyr Zelensky
The European Business Association, the most powerful association of businesses in Ukraine, met with president Volodymyr Zelensky on 13.02.2020. The agenda of issues included talks…
Minimum wage in Ukraine increased as of January
The minimum wage in Ukraine since 1st of January 2021 is 6000 UAH per month, or approximately 190 euro. Please note also that the minimum…
Ukraine climbed 7 positions in the Doing Business-2020 ranking to 64th place among 190 countries
Ukraine improved its position by 7 points in the Doing Business 2020 investment attractiveness rating, which is published annually by the World Bank, and ranked…
Currency Restrictions and Limitations in Ukraine
The National Bank of Ukraine (NBU) introduced several currency control restrictions and limitations due to the financial crisis that started in the country in 2013.…
Visa Rules for Entering Ukraine in 2019
The purpose of this article is to describe the current visa policy in force in Ukraine. You can refer to this article, if you wish…
Ukrainian Martial Law’s effect on business in Ukraine
The Ukrainian Parliament voted to accept President Poroshenko’s degree on Martial Law on the 26th of November. The law is in effect in 10 Ukrainian…
What does IMF’s next loan tranche mean for Ukraine?
Ukraine is headed towards presidential elections in March 2019, and parliamentary elections later in the year. Currently, the government needs to fund itself before these…