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CbC reporting in Ukraine for companies in U.S.-headquartered multinational enterprise groups: First reporting FY2024

June 2025 – Ukrainian taxpayers operating within multinational enterprise groups (MNEs) with consolidated annual revenues exceeding EUR 750 million may, for the first time in 2025, be required to independently file Country-by-Country (CbC) reports....

Labour relations under Martial Law: Recent amendments in Ukraine

June 2025 – Ukraine has adopted important changes to the legal framework regulating labour relations during martial law. The latest amendments impose new obligations on both employers and employees, including updated rules on communication, stricter...

Ukraine competition law update: Key developments Q2 2025

June 2025 – In a key ruling, Ukraine’s Supreme Court has upheld a previously overturned conditional merger clearance by the Antimonopoly Committee of Ukraine (AMC) concerning two major Ukraine-based cement producers, namely CRH Ukraine and Dyckerhoff...

NBU revises currency restrictions: Support for businesses and targeted enhancement of currency supervision

May 2025 – On 9 May 2025 the National Bank of Ukraine (NBU) published new amendments to existing currency restrictions introduced in February 2022, following the launch of Russia’s full-scale invasion. The revised regulatory provisions are aimed...

Commentary re the US-Ukraine Reconstruction Investment Fund Agreement

May 2025 – The intergovernmental Agreement on the establishment of the US-Ukraine Reconstruction Investment Fund (Fund), signed on April 30, 2025, in Washington, D.C. (Agreement) reflects a reset of the US-Ukraine geopolitical relationship and looks...

Special legal regime for the protection of intellectual property, established at the beginning of the war, canceled in Ukraine

May 2025 – On April 29, 2025, the President of Ukraine signed Law No. 4362-IX “On the Repeal of the Law of Ukraine ‘On the Protection of Intellectual Property Interests during Martial Law Imposed in Connection with the Armed Aggression of the Russian...

Kinstellar and Strategy Council deliver the 3rd Defence Tech Forum in London

April 2025 – Following on the success of our two previous defence-tech events, Kinstellar and the Strategy Council, in partnership with the Embassy of Ukraine in the UK, were honoured to deliver the 3rd Defence Tech Forum in London on 25 April 25 at...

Ukraine strengthens rights protections for bona fide purchasers

April 2025 – A new law, No. 4292-IX, dated March 12, 2025 (the “Law”), amending the Civil Code of Ukraine (the “Civil Code”), recently came into effect in Ukraine. The Law is designed to increase the level of legal certainty and to protect the...

Kinstellar advises private investment group EMMA Capital on the strategic acquisition of Diamedix in Romania, Moldova, Bulgaria, and Ukraine

March 2025 – Kinstellar is pleased to announce that it has advised EMMA Capital Group, a private investment group, on its acquisition of Diamedix, one of Romania’s largest independent medical equipment distributors. The deal, closed through EMMA Capital’s...

Repeal of the Commercial Code of Ukraine: Analysis of Law No. 6013 and its implications for the country’s legal system

March 2025 – The adoption by the Verkhovna Rada of Law of Ukraine No. 6013 “On the Peculiarities of the Regulation of Entrepreneurial Activity by Certain Types of Legal Entities and Their Associations in the Transition Period” (the “Law”) represents...