Laws

Ukraine simplifies immigration requirements for IT professionals

In July 2020, quotas for foreign IT professionals were introduced in Ukraine. They allow Ukrainian companies to register such employees (including individual entrepreneurs) under a simplified procedure. On September 21, the Ministry of Economy published amendments that slightly simplifies this

Ukraine legalizes gambling (in second reading)

In July 14, 2020, in the second reading, the Verkhovna Rada voted for a bill that legalizes gambling in the country. If the president signs it, companies will buy licenses from the state to work in this market. According to

New gambling bill: online casino licenses to become several times cheaper

In January 2020, in the first reading, the Parliament adopted a bill legalizing gambling. Casinos will be allowed to work legally after obtaining a license from the state. A couple of days ago, the amended bill was submitted to the Parliament for the second

CFC law entailing more reports and taxes for startups and businesses draws criticism

The President of Ukraine has signed a law introducing the concept of controlled foreign companies (CFCs), which requires Ukrainian owners to register their CFCs with the tax authorities and pay taxes. Concerning taxable foreign assets, the law comes into force