Ukraine removes regulatory barriers to exports of services (update)

Ukraine

On 30 November 2016, the President of the Ukraine signed the law removing administrative barriers relating to the export of services (the “Law”), which was adopted by the Ukrainian Parliament on 3 November 2016.

The Law should enhance the ease of doing business in the Ukraine, especially in the IT sector (for more information about the Law please refer to our previous Law-Now on this matter).

The Law must be promulgated within 15 days of its signing and will become effective one month after its promulgation.

Legislation: Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine (as to Elimination of Administrative Barriers to Export of Services)” (No 4496).