Payment of dividends in foreign currency

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,…

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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…

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Legal aid by surrogacy in Ukraine

Surrogacy is not perfectly regulated in Ukraine, but it is still allowed. In Ukraine, there are children, who were born as a result of the use of assisted reproductive technologies through surrogacy method, and their parents want to take them home and bring up in their family. More and more foreigners contact Ukrainian Human Reproduction…

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Launching IT Company in Ukraine: legal features

If you are a foreign investor, a foreign IT company or Ukrainian developers, and you want to establish an IT company in Ukraine, this legal advice will help you deal with the main issues in that direction.   Following forms of IT business are most popular in Ukraine: Individual Entrepreneur (FLP in Russian (“ФЛП” in…

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How to apply for alimony in Ukraine?

How shall a foreigner file a claim in Ukraine for recovery of maintenance (alimony)? A foreign plaintiff shall file a claim for recovery of maintenance (change of the amount of maintenance payment) from a defendant residing in Ukraine through an authorized body in the plaintiff’s permanent place of residence (most often, it is a ministry…

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