News

Increasing the deadline for settlement of export-import operations

28/07/2022
Resolution No. 113 of the Board of the NBU, which came into force on 8 June 2022, extended the settlement period for export-import operations from 90 to 120 days.

Terms of settlements in Foreign Economic Activity

23/07/2022
Starting from 5 April 2022, settlement deadlines of 90 calendar days will be applied for all export-import operations. Such changes significantly shorten settlement terms in comparison with the rules applied in peacetime.

Changes in the tenancy relations for the period of martial law

23/07/2022
In the letter dated 28 February 2022, the Chamber of Commerce and Industry of Ukraine certified that the military aggression of the Russian Federation against Ukraine is also included in force majeure circumstances (circumstances of irresistible force).

Expansion of the types of activities "Diia.City" for IT companies

23/07/2022
On 20 April 2022, Resolution No. 467 of the Cabinet of Ministers of Ukraine came into force, which added to the list of activity types, the implementation of which is stimulated by creation of the legal regime of Diia.City: provision of data processing and storage capacities in the field of informatisation (computing infrastructure) in the form of cloud (virtual) data center, virtual infrastructure resources, etc.

Changes in the recruitment procedure under martial law

23/07/2022
Among other things, Law of Ukraine "On the Organization of Labour Relations under Martial Law" contains the following features: the employer has the right to establish conditions for a probation period for any category of employees, the parties of an employment contract recognise the form of the contract upon agreement of the parties.
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Ukraine‘s reconstruction program already brings together strong commitment and business activities from numerous government funding institutions and private companies from around the world.
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Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.

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