The President of Ukraine signed draft law on “squeeze-out”
PwC, Kyiv, Ukraine
Wed, June 07, 2017
On 1 June 2017 the President of Ukraine signed a Law* that introduces important changes to the way Ukrainian joint stock companies operate, in particular:
- The law introduces a “squeeze-out” and “sell-out” procedure in Ukrainian joint stock companies.
- Changes in the type of a joint stock company or its transformation into another type of legal entity no longer require renewal of permits, licenses or introduction of the respective amendments into lease agreements.
For more details, please see our Flash Report#5 dated 28 March 2017.
The new Law will come into effect on the following day after its publication.
*Law No. 1983-VIII dated 23 March 2017.
Camiel van der Meij, Partner & TLS Leader, firstname.lastname@example.org
Andrey Pronchenko, Partner, Tax and Legal Services, email@example.com
Alexey Katasonov, Director, Tax and Legal Services, firstname.lastname@example.org
75 Zhylyanska Street | Kyiv | Tel: +380 44 354 0404 | Fax: +380 44 354 0790 | email@example.com | www.pwc.com/ua
This flash report is produced by PricewaterhouseCoopers’ tax and legal services department. The material contained in this alert is provided for general information purposes only and does not contain a comprehensive analysis of each item described. Before taking (or not taking) any action, readers should seek professional advice specific to their situation. No liability is accepted for acts or omissions taken in reliance upon the contents of this alert.
© 2017 Limited liability company «PricewaterhouseCoopers». All rights reserved. PwC refers to the Ukrainian member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
We will be sending additional Flash reports as issues arise. If you do not wish to receive these Reports, please advise by return e-mail (firstname.lastname@example.org). Alternatively, if there is someone else in your company to whom we should send our Alerts, please let us know.
We are pleased to inform that this Flash report is also available in Ukrainian and can be sent to you upon request.
Ми раді повідомити, що цей Flash report також доступний українською мовою і може бути наданий Вам за запитом.