On 18 October 2023, the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Mandatory Registration and Use of Electronic Offices in the Unified Judicial Information and Telecommunication System (UJITS) or its separate subsystem (module) that provides for the exchange of documents" No. 3200-IX dated 29 June 2023 (hereinafter - the Law) was enacted. The Law amends the provisions of the procedural codes, in particular the Civil Procedure Code of Ukraine (hereinafter - the CPC).
Earlier this year, the Ukrainian Tax Code underwent significant amendments with the adoption of Law N 2970-IX. This legislation integrates the Common Reporting Standard into Ukrainian domestic tax law. As part of these broader changes, the law establishes distinct provisions applicable to trustees and trust administrators.
On 11 August 2023, the government bill No.4482 adopted by the Ukrainian Parliament, which amends certain legislative acts of Ukraine regulating the activities of separate subdivisions of a legal entity established under the legislation of a foreign state, was sent for signing to the President of Ukraine ("Draft Law").
Dentons has advised Farmak on a series of acquisitions from a portfolio company of private equity house Novator.