Business news from Ukraine

Business news from Ukraine

Ukrainian parliament passes new draft law on media

The Verkhovna Rada has passed a new draft law “On the media.”
A total of 299 people’s deputies voted for the relevant draft law No. 2693-d at the plenary session of parliament in Kiev on Tuesday, parliamentarian Yaroslav Zheleznyak (Golos faction) said on his Telegram Channel.
The bill defines the legal framework for the activities of entities in the media sector in Ukraine, as well as the basis of state administration, regulation and supervision (control) in this area.
In particular, the legislative field introduces the concept of “online media”. Voluntary registration, which guarantees legislative protection, is envisaged for them.
According to the Draft Law, if a registered subject in the sphere of online media commits a gross violation, the regulator applies a fine to it. In case of a second or third gross violation within one month after the application of the fine, the decision on which has not been cancelled in accordance with the procedure established by law, a fine of double the amount is imposed.
There is a ban on the distribution of registered online media by court order – this measure applies in the case of a fourth gross violation within one month, if for the previous similar violations fines were applied, the decisions on which have not been canceled in the prescribed manner by law.
The bill also provides for a temporary ban on the distribution of unregistered online media, which is 14 calendar days. The temporary ban is applied in case of a significant violation, if within one month five fines were applied to the subject for such violations and the decision on them has not been canceled in the manner prescribed by law.
As reported, MPs passed the bill in the first reading on August 30. During the preparation of the document for the second reading MPs submitted 2332 amendments and suggestions.

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Ukrainian parliament may pass law on preferential imports of generators and Starlinks

The Verkhovna Rada Finance, Tax and Customs Policy Committee has recommended that the draft laws on the cancellation of VAT and customs duties on imports of generators and other energy equipment, as well as Starlinks, be passed in the second reading, the head of the parliamentary committee for financial, tax and customs policy Daniil Getmantsev said.
“The purpose of the bills is to introduce short-term tax and customs incentives for the restoration of energy infrastructure, namely exemption from import duty and value added tax (VAT) on imports of generators and other components until May 1, 2023,” he wrote in Telegram.
The corresponding bills № 8196 and № 8197 were voted for by 23 members of the committee.
People’s Deputy Yaroslav Zheleznyak (faction “Voice”) noted that the bills will go to the session hall during this session and may be adopted.
He specified that the documents also take into account the exemption from payments for postal and express consignments and provide the opportunity to store fuel without a license up to 2 thousand liters.
Nardep noted that the import of equipment under the Energy Community technical assistance is also exempted from VAT and duties.

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President of Ukraine signed laws within framework of “customs visa-free”

President of Ukraine Volodymyr Zelensky signed laws within the framework of the “customs visa-free regime”.
“I have just signed the documents on accession (of Ukraine) to the Convention on the Facilitation of Formalities in Trade in Goods and the Convention on the Joint Transit Procedure. They are the actual implementation of the” customs visa-free “. We did this in record time and absolutely smoothly by all branches of government,” Zelensky said in a video message.
At the same time, the head of state thanked the diplomats, government members and deputies who ensured such a result.
“Ukraine will be a full member of the EU. We are already closer to Europe than in previous decades,” the president said.

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President of Ukraine signs law on mandatory placement of bomb shelters in new buildings

On August 22, President of Ukraine Volodymyr Zelensky signed a law on amendments to some legal acts of Ukraine on measures of civil protection during planning and development of territories, which, in particular, provides for mandatory placement of bomb shelters in new buildings.
According to the press service of the Ministry for Communities and Territories Development of Ukraine, the law provides for a change in approaches to the forming of a system of civil protection structures in the planning and development of territories at the stage of urban planning documentation at the regional and local levels. In particular, the documentation must necessarily contain a section of engineering and technical measures for civil protection, defining a plan for the development of protective structures and ensuring unhindered access to shelters.
“Today, more than ever, Ukraine needs the development of a network of reliable shelters and storage facilities that will protect people from the risks associated with hostilities. The development of such a network should become mandatory and ubiquitous, which will make our communities safer and more secure,” Minister for Communities and Territories Development of Ukraine Oleksiy Chernyshov said.
As reported, the Verkhovna Rada adopted respective bill No. 7398 on July 29.

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Law, philology and IT are traditionally the most demanded specialties among applicants in Ukraine

Law, philology and IT specialties are traditionally in the highest demand among applicants to Ukrainian universities, Minister of Education and Science of Ukraine Serhiy Shkarlet said.
“In 2020-2022, in the structure of the state order, much attention is paid to engineering high-tech specialties, that is, professions of the future. But traditionally, the most active specialties in terms of demand are law, philology and IT specialties,” Shkarlet said on the air of the national telethon on Thursday afternoon .
At the same time, the minister noted that today there is also a significant demand for the specialty “psychology” (11,000 applications have already been submitted) and “pedagogy” (9,000 applications).

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Ukrainian parliament adopts updated law on privatization

The Verkhovna Rada on Thursday adopted an updated law on privatization (No. 7451), which will transfer large privatization to Prozorro auctions without advisers, speed up small privatization and remove a number of problematic issues.
233 deputies voted “for” with the required minimum of 226, according to information on the parliament’s website.
“Regarding large privatization. The main thing that has changed is that we are transferring all large privatization to Prozorro. All procedures have been prescribed as it is in small privatization,” one of the main innovations was named earlier in an interview with Interfax-Ukraine and. about. Head of the State Property Fund Olga Batova.
According to her, large-scale privatization, in the form in which it was and in which it is now, has shown the inefficiency of advisers. Among the claims against them, the head of the Fund singled out the lengthy preparation of the object for privatization; duplication of transactions with potential buyers, in particular on audit; potential corruption risks of engagement by one of the potential buyers.
“The draft law proposes that the Foundation will make a virtual folder (data room) with all the information about the enterprise: all valid contracts, court cases, financial statements – we fully set out and give each potential buyer three months to do an audit on their own,” she described the proposed new procedure, the head of the SPF.
With regard to small-scale privatization, she pointed out that the law further simplifies procedures, for example, introduces an online signature of the auction protocol, shortens the entire process from the moment the auction is announced to the signing of the contract to two months, introduces the possibility in some cases to do without the AMCU, cancels the requirement to publish in newspaper “Vedomosti Privatization”.
“In addition, we have provided for a very important change that will always be in effect: so that payment for the object is made before the signing of the contract – after the auction and the signing of the protocol, but before the signing of the contract,” the head of the SPF stressed. According to her, there are several cases, especially in the auctions held at the end of February, that buyers do not want to pay, arguing that it was force majeure.
Another important norm, she called the possibility of selling objects with arrests, which will allow creditors to finally receive their funds. “We propose to re-register the ownership of the winner of Prozorro, but all arrests will remain until the new owner repays the debt,” she explained.
“The list for privatization today includes a little more than 115 enterprises. There are many more objects,” Batova said.

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