Surrogacy in Ukraine: practical issues and legal risks

Surrogacy in Ukraine: practical issues and legal risks   Since such fertility treatment became legal in 2002, Ukraine has become an increasingly popular destination for foreign couples desperate to find a surrogate mother. Demand surged dramatically after India, Thailand and Nepal outlawed commercial surrogacy recently. Although no official statistics is published, it is estimated that…

Funding a company: equity vs. debt

Funding a company: equity vs. debt A Ukrainian company can be financed by means of debt or equity, or a combination of both. Shareholder contributions to the charter capital are normally used to fund the activities of a newly established company during the initial period of its operation. However, due to existing restrictions on the…

Basic information on setting up a new LLC in Ukraine

Basic information on setting up a new LLC in Ukraine A Limited Liability Company (LLC) is by far the most common form of company incorporation in Ukraine. In fact, most foreign investors prefer their subsidiaries to be organized in the form of a LLC. The following is a brief description of the procedure to keep…

Major changes in regulation of LLCs in Ukraine

Major changes in regulation of LLCs in Ukraine Until recently, the outdated Ukrainian legislation concerning companies, in particular Limited liability companies, was obscure for foreign investors due to its excessive regulation and lack of possibilities for shareholders to control their relations between themselves and the company. Just to name a few, corporate agreements were not…