If the price of the deal exceeds 50% of the net assets of the Ukrainian LLC, the director has to obtain the approval from the shareholders of such company. This rule is stipulated in the Art. 44 of the Ukrainian law “About limited liability company and company with additional liability” (the law). Most of the…
Divorce of Ukrainian and foreigner
Attorneys of the Zilver law firm obtained the decision of the court about divorce of Ukrainian citizen and foreigner. Court hearing was held without personal attendance of the foreigner. Courts decision here. Instagram here. Template of the claim about divorce here.
VAT and IT-services in Ukraine
If IT-company in Ukraine does not use the unified tax system (so called “simplified taxation”), than VAT-issue rises. According to the Tax code of Ukraine all goods, works and services, supplied on the territory of Ukraine shall be subject for VAT (20%). However, p. 26-1 of subsection 2 section XX of the Tax code of…
Filing and confirmation of beneficial owners of Ukrainian companies
According to the Ukrainian anti-laundering law and Ukrainian law about registration of companies, each Ukrainian entity has to file information about its beneficial owners and structure of its ownership (template of the structure is set out by Ukrainian Ministry of Justice). Moreover, each Ukrainian company is obliged to confirm such information annually. If the foreign…