New penalties for licensing authorities: the law is adopted

From the new year, the responsibility of licensing bodies in the field of economic activity will increase. October 3 Parliament approves amendments to the Code of Administrative Offenses in part to strengthen the protection of economic entities against unlawful acts or omissions of licensing authorities (a bill № 0889).

There are new accounts operating to pay taxes

As of October 1, the billing details for taxes and fees are changingdue to their opening  as it is required by IBAN. The relevant provision is contained in the resolution of the NBU dated December 28, 2018 # 162.

Decriminalization of dummy entrepreneurship: the law is adopted

On September 18, the Law “On Amendments to the Criminal Code of Ukraine and the Criminal Procedure Code of Ukraine on Reducing Pressure on Business” was amended for the second reading (Draft No. 1080). 347 MPs voted in favor.

There is a new procedure for calculating the number of voting shares

As of July 20 this year, the Procedure for calculating the number of voting shares belonging to an individual or legal entity in accordance with the financial instruments provided for in Part 10 of Art. 64-1 of the Law "On Joint Stock Companies" operates.

The procedure for notification of collective agreements has been changed

The Cabinet of Ministers has simplified the procedure for the notification of collective agreements, amendments and additions to them. This is stipulated by Resolution No. 768 “On Amendments to the Resolution of the Cabinet of Ministers of Ukraine of February 13, 2013, No. 115” dated 21.08.2019.

When an enterprise is reorganizing, the employee has the right to remain at work

The reorganization of an enterprise by transformation is not a ground for dismissal of an employee. In such a case, the employee must be offered, at the same time as the dismissal notice, available work for the relevant profession or specialty, and only in the absence of such work will be offered another available work.