What are the threats and benefits of GDPR? May 11

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Leinonen Belarus is now open for business in Minsk May 03

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Bulgarian residents no longer subject to transfer pricing control measures Apr 26

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Is it necessary to keep the primary documentation for single tax payers? Apr 26

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Further Liberalization of Currency Transactions Takes Place Apr 04

We would like to inform our clients of changes to currency transaction rules that took place on 29.3.2018. The changes mainly affect large businesses that are government-owned or owned by foreign banks. Small businesses still face mandatory foreign currency sales and other various restrictions in the Ukrainian market. Read more ›

New Law on LLCs: What Will Change in Business Mar 26


Ukrainian President Petro Poroshenko at a meeting with businesses in Ukraine on March 2 signed a law that lifts a range of restrictions on limited liability companies, or LLC’s. 

The law on LLC will come into force already within three months from the day of its publication, except for Article 23 regarding the transfer of the share to the heir or successor of the company's member. This norm will work only in one year from the date of entry into force of the Law on LLC.

Attention: Companies have 12 months (1 year) to bring their statutes in line with the LLC Law.
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Updates to Administrative Restrictions Mar 07

The National Bank of Ukraine has eased some administrative restrictions with new changes to legislation that came into force on 3rd March 2018. Read more ›

IT Is Booming in Ukraine Feb 27

The IT industry is showing positive signals and promises for future Ukrainian economic growth. Some sources are even predicting Ukraine to develop into the Silicon Valley of Europe. In this article, we would like to sum up the main facts and figures about the Ukrainian IT industry for you.
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