Law Publications
IT services for non-residents: tax implications
Dmytro B. Ivanusa, CounselOrest V.Matviychuk, AssociateThe overall modernization of Ukraine’s economy is highly dependent on development and state support for innovations, including, in particular, in the sector of the information and communications technologies (IT). The IT industry has become one of the most robust industries in the world and currently is the biggest part of the global economy in terms of aggregat...
New Law on Responsibility of Banks’s Related Parties
By Egorov Puginsky Afanasiev & Partners Ukraine (EPAP Ukraine)Effective as of 8 March 2015, the new Law of Ukraine “On Introduction of Changes to Legislation of Ukraine relating to Responsibility of the Bank’s Related Parties” (the “Related Parties Law”) came into effect. The Related Parties Law is aimed at enhancing and extending the responsibility of Ukrainian banks’ related parties under the banks’ liabilitie...
Science of Police Law in scientific views of M.Kh. Bunge
In terms of the European integration processes in Ukraine it is an actual issue to study the history of administrative law in the light of its founder - police law which was formed through the efforts of the Western European scholars. Professors of the University of St. Vladimir made a significant impact on the development of the national science of poliсe law as part of Western European legal thought. In particular...
Ukraine and Cyprus have signed the Protocol to the Convention on avoidance of double taxation
Dmytro Perevozchykov, Head of kyiv office, Michael Kyprianou & Co Ukraine LLCOn December 11, 2015 the Minister of Finance of Ukraine Ms. Natalia Yaresko and the Minister of Energy, Commerce, Industry and Tourism of the Republic of Cyprus have signed the Protocol to the Convention on avoidance of double taxation. In general the main idea of Convention was saved and reserved the possibility to pay the taxes only i...
Interim measures in the process of enforcement of foreign judgments and arbitral awards in Ukraine
Participation in international trade carries a number of risks, the main among which is to ensure the proper fulfillment by non-resident counterparties of their commitments. Often, to resolve the dispute and protect their legitimate interests the creditors have to apply to international commercial arbitration or foreign court. However, even if the case is resolved in favor of the creditor, in reality the enforcement ...
Ukrainian freight forwarder’s liability in international cargo transportation by road
FIATA states that freight forwarding companies get involved in nearly 80 % of international transportations by all types of vehicles. The official concept of “freight forwarding and logistic services” adopted on 29.10.2004 jointly by FIATA (International Federation of Freight Forwarders Association) and CLECAT (European Association for Forwarding, Transport, Logistic and Customs Service) includes the following: servi...
Enforcement of commercial (maritime) foreign arbitral awards in Ukraine
Resolution of maritime disputes by reference to international commercial arbitration is a typical situation in a modern globalized world. Under the reference in Clause 1 of Article 1 of the UNCITRAL Model Law on International Commercial Arbitration (1985), with amendments as adopted in 2006 (United Nations documents А/40/17, Annex I, and А/61/17, Annex I), the term commercial arbitration should be given a wide interp...
