Those Ukrainian companies that are planning to pay out dividends to non-resident-participants/shareholders shall take into account the peculiarities of the Ukrainian legislation. In particular, the National Bank of Ukraine may impose currency restrictions, i.e. payment of dividends may be made only in certain amounts, for a certain period, etc. If there are no such restrictions,…
Arbitration clause: legal aspects in Ukraine
Those enterprises that work with Ukrainian companies shall take into account some peculiarities of the Ukrainian legislation on the procedure of judicial settlement of disputes between Ukrainian and foreign companies. According to Article 76 of the Law of Ukraine “On International Private Law”, the courts may accept and consider cases with foreign elements in the…