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Nowadays, LLC shareholders may use such well-known instruments, as the right of first offer (ROFO), the right of first refusal (ROFR), tag along, drag along, deadlock resolution mechanisms, voting arrangements, option agreements, etc.
The long-awaited Law of Ukraine “On amendments to the Land Code of Ukraine and other legislative acts to improve the governance of land relations and their deregulation” No. 1423-IX entered into force.
Besides the tax benefits, state support also includes granting rights to use state and municipal land plots and/or construction of related infrastructure facilities by the state or municipality.
Passing of the Draft Law may lead to crystallisation of the “hidden employment” risk for various industries, in particular IT and TMT where it is a common practice to engage individual contractors rather than employing individuals.
As the COVID pandemic showed the vulnerability of Europe’s long supply chains to Asia, Ukraine has a great chance to reinvent itself as both a manufacturing hub and an efficient logistical provider.