We would like to inform you that the Law of Ukraine “On the State Budget for 2010” becomes effective. The Law in particular cancelled the mandatory registration of foreign investments in the National Bank of Ukraine and also mandatory state pension insurance contribution withheld from non-cash transactions on sell / purchase of foreign currency in 2010 (from July 1, 2010).
We would like to draw your attention also on the new provision which is setting the minimal salary in hourly rate. In this regard our corporate services department will gladly provide you with labour-law consultancy services according to your needs.
Feel free to contact us for any further questions.
Please see the overview of the most important provisions here: