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 Conzon
Group offers its advice and assistance to those interested
in starting up new businesses or to create a society in Ukraine.
The Ukrainian Law on Foreign Investment equates foreign investors
to local entrepreneurs. Foreign investors have some legal
guarantees:
- Protection for 10 years, in the case of negative changes
in the legislation on foreign investment, which came into
force when the investment was made;
- foreign investment can not be subject to expropriation,
unless it is a state of national emergency, compared to
an indemnity;
- the right to compensation for damages (material and moral)
in the event of inactivity, inertia, default or omission
of the official acts by the government;
- the right to return back to home the investments, without
payment of customs duties, provided notice for the six months
to conduct;
- Law of the immediate right of the export gains from the
investment once fulfilled tax obligations in Ukraine.
The legal case in which one can make a foreign investment
are:
- establishment of a New Society with a Ukrainian partner
or purchase of a share of existing companies;
- creation of a subsidiary company or a permanent representative
of production units, separated from the foreign company,
or as an alternative, the acquisition of existing companies
- investment based on an agreement with Ukrainian partners.
Corporate Law
The economic
objects can carry out business in Ukraine through: a single
enterprise, family businesses, private enterprises, collective
enterprises, municipal ownership of public enterprises, local
authorities, state enterprises that are owned by the central
government, creation of joint enterprises with mixed ownership
and foreign domestic capital (JV - Joint Venture) as a joint-stock
companies, limited liability companies, associations of individuals,
etc..
The legal
personality is recognized only to companies limited by shares
and limited liability companies which take the subject of
self-imposed. Legal entity recognized only joint stock company
and limited liability company existing as autonomous entities
tax.
Individual Enterprise
Individual
enterprise is considered a single person only and has a simplified
tax system.
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