The labor legislation of Ukraine does not provide for such term as “trade secret agreement” (NDA), therefore, the general provisions of Ukrainian law shall be used. Many Ukrainian companies have adopted the experience of foreign and international companies and conclude agreements with employees on non-disclosure of trade secrets (similar to non-disclosure agreement). This makes possible…
Withdrawal of a shareholder from a limited liability company (TOV) in Ukraine
A shareholder, whose share in the authorized capital of a limited liability company is less than 50%, shall have the right to leave the company at any time, regardless of the consent of other members and the company itself. If a shareholder of a limited liability company (TOV) owns a share in the authorized capital…
Company’s labor protection in Ukraine
According to Article 15 of the Law of Ukraine “On Labor Protection”, a labor protection service shall be establish at each company. The bodies of the State Labor Service of Ukraine perform state supervision over labor protection. The inspectors shall have the right to conduct scheduled and unscheduled inspections of all enterprises. The issue of…
Lease of property in Ukraine
Change of amount of rent The lease payment may be changed only by agreement of the parties. In addition, the lease agreement may define a mechanism for the revision of the amount of rent. Any change of economic situation, exchange rates, etc. shall NOT be the ground for revising the amount of rent, except as…
Payroll of dividends in Ukraine
This Section is dedicated to the payroll of dividends by Ukrainian companies to Ukrainian shareholders.
Removal of the Ukrainian company’s director
Sometimes business owners need to dismiss the director of the company or temporarily strip him of his powers due to loss of trust or to any other reasons. The dismissal can take a lot of time and may be challenged, so we recommend using “removal from the office”. The removal is not a dismissal, and…
What is copyright? What can be copyrighted?
Copyright is a collective term that means the specific right of an individual to the result of his/her intellectual / creative activity. The items that can be copyrighted are as follows: 1) literary and written works (books, brochures, articles, etc.); 2) speeches, lectures, oral works, etc.; 3) computer programs (this item is quite specific and…
Offshore
The Section of the Memos „Offhore“ is published in Ukrainian and Russian because it would be slightly interesting for our foreign clients. However, we are ready to consult you and help with international companies and structuring of your business activity.
Family lawyer Ukraine
This section of Zilver web-site would be useful for Ukrainian in their family cases, such as divorce, alimony (child support), division of spouse’s property, paternity etc. The family cases where one of the party is not Ukrainian have special regulations (including international) and are subject of other Memos of our web-site (please find them in…
Crimea / Donetsk / Luhansk special zones
Special regulations for Crimea / Donetsk / Luhansk regions With regard to enforced by Ukraine special regulations for Crimea, Donets and Luhansk oblast, we issued several recommendations for Ukrainians. Such recommendations are hardly possible to be useful for non-residents of Ukraine, therefore we do not publish them in English or German. The main point foreign…