Ukraine | Monthly Legal Update

In this issue:

• Doing Business:
  – Special regime of Donbas region clarified
   
• Corporate:
  – The minimum quorum for joint stock companies reduced, effective immediately
  – Derivative suit and other important changes to corporate law to be introduced
  – Rules for disclosure of information by issuers of securities changed
   
• Banking & Finance:
  – Extension of currency control restrictions
  – Expanding liability of the bank’s related person
   
• Labour:
  – Compensation to companies of average salary of employees called up for military service
   
• Tax:
  – Legislative incentive for salary increase
   
• Pharmaceuticals:
  – Law on public procurement of medicines by international institutions adopted