Baker McKenzie are pleased to invite you to two follow up webinars of 30 minutes focused specifically on the latest developments and operational considerations on the ground in Ukraine and in Russia. Webinar 1 – on 10 February 2022 – will focus on Ukraine and Webinar 2 – on 15 February 2022 – will focus on Russia.
On 16 July 2021, the Order of the Ministry of Economy of Ukraine No. 913-21 approving the templates of employment agreements on home and distance work came into effect.
This handbook Conducting Business in Ukraine 2021 has been prepared by the attorneys of Baker McKenzie’s Kyiv office as a general guide for companies operating or considering investing in Ukraine. It is intended to present an overview of the key aspects of the Ukrainian legal system and the regulation of business activities in the country
On 26 and 27 February 2021, Law No. 1214-IX of Ukraine, which provides an exhaustive list of the types of monetary income for which compensation is paid for delays in payment (“Law No. 1214”), and Law No. 1213-IX of Ukraine, which provides for the detailed application of distance and home work (“Law No. 1213”), came into effect.
On 26 and 27 February 2021, Law No. 1214-IX of Ukraine, which provides an exhaustive list of the types of monetary income for which compensation is paid for delays in payment (“Law No. 1214”), and Law No. 1213-IX of Ukraine, which provides for the detailed application of distance and home work (“Law No. 1213”), came into effect.
Extension of the quarantine period On 2 April 2020, the Cabinet of Ministers of Ukraine (CMU) by its Resolution No. 255 reinforced the restrictions imposed due to the quarantine that was set in the whole territory of Ukraine until 24 April 2020. Permitted business activity Business activities involving interactions with visitors require…
On 25 April 2017, the Kyiv office of Baker McKenzie held a webinar on implementing efficient compliance programs in Ukraine for multinational companies and featured an update on Ukrainian sanctions and trade restrictions, including trade restrictions introduced in relation to Russia and the Crimea, as well as an update on Occupied Territories in the East of Ukraine.
On 2 March 2017 the National Agency on Corruption Prevention approved the Typical Anti-Corruption Programme for Legal Entities. Certain legal entities must adopt an Anti-Corruption Programme in line with the Typical Programme.
Since 2014, Ukraine has significantly enhanced its anti-corruption and trade sanctions legislation and enforcement practices to align with US and EU standards. Now companies face the risk of criminal liability for corruption-related actions of their employees and full suspension of all operations in Ukraine for violating trade sanctions and restrictions, including trade restrictions introduced in relation to Russia and the Crimea.
In December 2016, Ukraine introduced a new procedure to the National Agency on Corruption Prevention before terminating an employee who was responsible for implementing the Anti-Corruption Program.