MPs prepare for candidates for judges special trained
MP Serhiy Kivalov and Dmitry Shpenov presented to parliament a bill number 9740 on changes in the law “On judicial system and status of judges.” [Read more]
Investing in Ukraine
Investments into Ukraine can be performed in such forms:
• Partial participation in the enterprises which are created together with Ukrainian legal and physical persons, or buying a part of workable plants;
• Creation of the enterprises which completely belong to foreign investors, branches or buying in the property the whole workable plants;
• Acquisition of immovable or mobile property by direct reception of property and property complexes or in the form of shares;
• Acquisition of the rights to use the earth and use natural resources in the territory of Ukraine;
• Acquisition of other property rights;
• Economic activity which basis on agreements and goods distribution;
• Other forms which aren’t prohibited by laws of Ukraine, including forms without creation of the legal entity only making contracts with subjects of economic activities from Ukraine.
The basic legal form of realization of investing in Ukraine is the agreement. Therefore during realization of investment projects act the rules, which usually accepted for the contractual agreements.
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The court decisions are not acts that are not subject to the application of commercial courts
Resolution of the Plenum of 26.12.2011 № 18, the Supreme Economic Court of Ukraine explained that acts of state and other agencies that do not apply the economic court (Article 4 COD) may be acts of central executive bodies, local state administrations, local governments or other bodies which by their status are not public. [Read more]
President signed a law that increases some taxes and fees
January 10, 2012, the President signed the Law “On Amendments to the Tax Code of Ukraine on the revision of certain taxes and fees”, adopted by bill number 9356.
Law provides for raising taxes and fees including the consumer price index and producer price index of industrial products provided by the Cabinet of Ministers on 11.08.2010, № 701. [Read more]
The Law of “single window” for investment projects entered into force
From 1 January 2012, the Law ”On the preparation andimplementation of investment projects on a” single window ” entered into force. [Read more]