Business news from Ukraine

Business news from Ukraine

UKRAINIAN REVEALING INFORMATION SETS UP BUSINESS SUPPORT CENTER

Nationwide legal association Revealing Information has set up the Business Support Center. The Center will provide businesses with support to fight illegal seizures, which have become a burning issue during the emergency situation and quarantine.
According to the Justice Ministry, the number of illegal seizures through making amendments to state registers has increased by 16 times during the quarantine.
Managing Partner of the Revealing Information Law Firm Oleksandr Keyer said that today both the society and businesses experience an intensive turbulence.

“The number of fraud cases is growing in Ukraine. The Justice Ministry has officially reported an increase in the number of illegal seizure attempts by dozens of times. We also can see such a trend. The situation is getting even worse due to uncertainty about the coronavirus (COVID-19) disease and its influence on business and economy. We are doing the utmost to stay one step ahead and, in particular, for this reason our company has set up the Business Support Center right now,” Keyer said.
The Business Support Center of the Revealing Information Law Firm will provide services to protect businesses by all available legal means, including security and prevention measures, represent them in court, provide them with legal support while concluding agreements during the quarantine, and so on.
Revealing Information is a nationwide legal association of broad-based experts providing services to protect the rights of victims of all types of offenses, fraud and banditry.
The association’s services include legal business support, analytical and information work, security measures to counter raiding, customer support in criminal, commercial and civil disputes, and more.

http://revealinginformation.com.ua/en/

E-mail: revealing@ukr.net
Phone: +38095 868 3590, +38067 868 3690

, , , , , , ,

PRESIDENT OF UKRAINE SIGNS LAW ON COUNTERING RAIDING

President of Ukraine Volodymyr Zelensky has signed the law on amending the Land Code of Ukraine and some other legislative acts to combat raiding adopted by the Verkhovna Rada on December 5, 2019.
According to information on the website of the Verkhovna Rada of Ukraine, on January 13 the document was returned with the signature of the president.
As reported, bill No. 0858 establishes that if a party to the contract wishes to refuse to automatically renew the land lease, then no later than 30 calendar days before the expiration of the contract, it must submit an application to the state register of property rights. In the absence of such a statement after the relevant expiration date of the contract, it is extended for the same period and with the same conditions.
The lease payment for land plots of state and municipal property leased at land tenders cannot be reduced by agreement of the parties during the term of the lease, as well as upon its renewal, as indicated in the document.
The bill also provides for the establishment of a guarantee contribution amount per lot at the level of 5% of the starting price for the sale of a land plot and 50% of the starting amount of the annual fee for using a land plot, but not less than 500 tax-free minimum incomes of citizens and not more than 5,000 tax-free minimum incomes of citizens.

, , ,