Corporate Law

Business Entities

Ukrainian corporate law recognizes various forms of business entities, including joint-stock companies, limited liability companies, partnerships, and branches of foreign companies. Each type of entity has its own legal requirements and characteristics.

Company Formation

The process of forming a company in Ukraine involves registration with the State Registrar of Legal Entities and Individual Entrepreneurs. It requires submitting the necessary documents, such as the company's charter (articles of association), details of shareholders or founders, and other relevant information.

Shareholder Rights

Corporate law in Ukraine protects the rights and interests of shareholders. It establishes the rights to participate in decision-making processes, receive dividends, inspect corporate records, and exercise voting rights. Shareholder agreements and voting procedures are commonly used to regulate shareholder relationships.

Corporate Governance

Ukrainian corporate law emphasizes the importance of corporate governance to ensure transparency, accountability, and effective management of companies. It sets out the roles and responsibilities of directors, supervisory boards (where applicable), and executive bodies. Corporate governance rules aim to protect the interests of shareholders and stakeholders.

Share Capital and Shares

Corporate law regulates the issuance, transfer, and valuation of shares in Ukrainian companies. It determines the minimum share capital requirements for certain types of entities and provides rules for share transfers, restrictions, and registration of ownership.

Corporate Meetings

Ukrainian corporate law governs the convening, conduct, and decision-making processes of corporate meetings. This includes general meetings of shareholders, board of directors' meetings, and supervisory board meetings. It establishes rules for quorum, voting procedures, resolutions, and disclosure requirements.

Corporate Transactions

Corporate law in Ukraine covers various types of corporate transactions, such as mergers, acquisitions, reorganizations, and corporate restructuring. These transactions may require approval from shareholders, regulatory authorities, or the Antimonopoly Committee of Ukraine, depending on their nature and size.

Corporate Reporting and Compliance

Ukrainian companies are subject to reporting and compliance requirements. They must maintain proper accounting records, prepare financial statements, and submit annual reports to regulatory authorities. Non-compliance with reporting obligations can result in penalties and legal consequences.

Corporate Liability and Shareholder Protection

Ukrainian corporate law includes provisions to hold directors, officers, and shareholders accountable for their actions. It provides mechanisms for minority shareholder protection, disclosure of material information, and remedies for corporate wrongdoing or mismanagement.