Tag: Legislation

Main Points:

As Ukraine prepares for post-war recovery, experts predict that up to one-quarter of veterans could transition into entrepreneurship, spurring economic growth and aiding social reintegration

The Verkhovna Rada has adopted a draft law (No. 12245) amending the Budget Code to streamline the distribution of investment projects through a single public investment fund

Starting January 1, 2025, corporate income taxpayers engaged in cash foreign currency exchange will pay advanced corporate income tax contributions at a fixed amount determined in euros, rather than tied to the minimum wage

Prime Minister Denys Shmyhal announced that Ukraine has received another €4.1 billion from the European Union through the Ukraine Facility support program

The Ukrainian government is exploring various electoral options, including electronic voting, as it plans for elections once the war with Russia ends, Politico reports

Ukrainian Foreign Minister Andriy Sybiga has voiced his approval of a newly passed law that introduces the concept of multiple citizenship, extending gratitude to the members of parliament who voted in favor of the legislation

Entering a new market without a clear understanding of its laws, business practices, and cultural nuances can pose significant risks to foreign investors

Ukraine is demonstrating significant progress in aligning its national legislation for eventual membership in the Single Euro Payments Area (SEPA), according to statements by Ukrainian and European officials

U.S. Secretary of State Antony Blinken and British Foreign Secretary David Lemmy held a discussion on Sunday, December 15, focusing on the need for enhanced security assistance to Ukraine

French President Emmanuel Macron is expected to bring up the idea of deploying a peacekeeping mission in Ukraine during the European Union leaders’ summit scheduled for December 18-19, according to sources among EU diplomats

On Friday, December 13, Andrius Kubilius, the newly appointed European Commissioner for Defense and Space, arrived in Ukraine for his first official visit since taking office on December 1

Beginning January 1, 2025, an updated form of the tax declaration on real estate other than land will come into force

The United States Department of State has established a dedicated working group focused on Ukraine’s economic recovery.

On Friday, December 13, a high-level U.S. delegation arrived in Ukraine’s capital just as the country was under one of its largest missile and drone attacks by Russian forces

According to the European Commission, preliminary data for the 2024/25 marketing year (as of December 8) indicate that the European Union has increased its imports of oilseeds while reducing grain exports compared to the same period in the previous season

Norway will establish a dedicated office in Kyiv aimed at assisting Norwegian businesses interested in participating in Ukraine’s reconstruction efforts, fostering connections with both the Ukrainian public and private sectors, and exploring new market opportunities

Starting from January 2025, patients in Ukraine may have access to medicines derived from medical cannabis

German Chancellor Olaf Scholz emphasized that investing in Ukraine now is equivalent to investing in a prospective member of the European Union

Ukraine is set to form a dedicated legal team aimed at holding Russia accountable across all possible jurisdictions

The Cabinet of Ministers of Ukraine has sanctioned the terms of a significant financial agreement, securing a 40-year loan of up to $20 billion from the American bank Federal Financing Bank (FFB)

The Council of the European Union has today voted to approve the second planned payment for Ukraine, amounting to approximately €4.2 billion, under the EU Ukraine Facility initiative, according to the Ministry of Economy of Ukraine

As Ukraine continues to navigate its economic landscape amidst ongoing challenges, significant changes in tax legislation are set to take effect for Individual Entrepreneurs (IEPs) in 2025

A new Ukrainian Business Club has been established in Norway, spearheaded by the Norwegian Association of Small and Medium-sized Enterprises (SMB Norway)