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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market - November 2021

November 2021 – This issue covers the following topics: 

Software license agreements in Ukraine

October 2021 – The development of technology has led, among other things, to the emergence of different ways of software delivery to the end user.

Romanian Employment Updates - October 2021

Romanian Employment Updates – October 2021

Ukraine: The deadline to fulfil UBO disclosure requirements extended until July 2022

October 2021 – On 10 October 2021, Law of Ukraine No.1805-IX “On Amendments to the Law of Ukraine on the Prevention and Counteraction to the Legalisation (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing of the Proliferation...

New rules for the cultivation and export of medical cannabis and increased limits for THC concentrations in industrial hemp in the Czech Republic

October 2021 – On 8 October 2021, an amendment to the Act on Addictive Substances (the “Amendment”) was published. The Amendment is designed to expand the possibilities for cultivating medical use cannabis to a broader range of subjects, including...

“Diia City”: A special legal and tax regime for IT companies in Ukraine is coming into play

August 2021 – On 14 August 2021, the Law “On Stimulation of the Development of the Digital Economy in Ukraine” No. 4303 (“Diia City Law“) came in force.

Ukraine seeks private-sector engagement for modernisation of its port infrastructure

August 2021 – Despite having the largest port potential in the region, with 13 state-owned seaports located on the coasts of the Black and Azov Seas, Ukraine’s port industry struggles with various problems, including outdated and worn-out equipment...

Romanian Employment Updates – New obligation for employers; more flexibility for using electronic signatures; paid day off for Covid-19 vaccination

July 2021 – A new obligation is established for employers via the template employment agreement.

Ukrainian legal entities must disclose their UBOs - The form of ownership structure has been adopted

9 July 2021 – On 11 July 2021, an Order of the Ministry of Finance of Ukraine dated 19 March 2021 “On approval of the Regulation on the form and content of an ownership structure” enters into force. The Order sets out the required details concerning...

Summary regarding the introduction of the ultimate beneficial owners registry

July 2021 – After a long preparation, Hungary has introduced the ultimate beneficial owner’s registry (“UBO Registry”), in line with the 4th anti-money laundering directive of the EU, by Act XLIII of 2021 on the establishment and operation of...