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Uzbekistan reinforces legal framework for privatization of land

January 2022 – On 15 November 2021, the President of Uzbekistan signed the law No.ЗРУ-728 “[on] privatization of non-agricultural land plots”, which entered into force on 16 November 2021 (the “Law”) and which abolished the earlier adopted...

Kinstellar advises Turkish “Unicorn” Dream Games on its USD 255 million Series C investment round 

January 2022 – Kinstellar has successfully advised the Turkish “casual games” developer Dream Games in raising USD 255 million of new financing in a Series C investment round that values the business at USD 2.75 billion. The funding round was led...

Insurance market in Ukraine: New regulation and what to expect

January 2022 – In line with the best international and European practices, the National Bank of Ukraine initiated a new Law on Insurance, which was adopted and took effect in late 2021.

U.S.-Ukraine Business Council re-elects Margarita Karpenko as Executive Committee member for 2022

January 2022 – Kinstellar is very pleased that our Co-Managing Partner, Margarita Karpenko, has been re-elected as a member of the U.S.-Ukraine Business Council Executive Committee (USUBC) for 2022.

Good news for renewable energy producers following amendments to the Romanian Energy Law

January 2022 – On 31 December 2021, Government Emergency Ordinance no. 143/2021 amending the Romanian Energy Law no. 123/2012 (the “Energy Law”) and other normative acts was published in the Official Gazette (“GEO no. 143/2021”) and entered...

Taxation of e-services provided by non-Ukrainian residents

December 2021 – Ukraine has introduced special VAT taxation rules for electronic services.

Kinstellar advises Portiva investment group on the acquisition of Astrid Offices building in Holešovice, Prague

December 2021 – Kinstellar has successfully advised Portiva investment group on its acquisition of Astrid Offices building in Holešovice, Prague, from UBM group.

Kinstellar appoints new Heads of Data & Cybersecurity, IP&T and Telecoms service lines

December 2021 – Kinstellar is delighted to announce the new Service Heads leading our TMT-related service lines:

Ukraine: Tax law required for Diia City regime to go live has been adopted

December 2021 – Ukraine is strengthening its position as an IT hub of choice by adopting new legislation aimed at creating favourable tax and legal conditions for tech companies operating in the country and fostering further investment in the sector. 

Problems of construction licensing in Ukraine within the framework of recent reforms

December 2021 – The December issue of the Ukrainian legal affairs magazine "Yuryst & Zakon" ("Юрист і Закон") features the article by Diana Malysh, a Kinstellar Associate in Kyiv, on the problematic consequences of the liquidation of...