News digest | June 2026

07 July 2026 - Publication

Contents

Corporate Law Practice
Tax Law Practice | Tax Alert
Litigation Practice

Corporate Law Practice

The Government has approved the Medium-Term Plan for Priority Public Investments of the State for 2027–2029

The implementation of the public investment management reform continues in Ukraine, under which the Medium-Term Plan for Priority Public Investments of the State for 2027–2029 has been prepared. The draft was developed by the Ministry of Economy of Ukraine based on sectoral proposals and in accordance with the financial ceilings provided by the Ministry of Finance. The document aims to ensure the continuity of the medium-term public investment planning process at the state level.

The estimated total funding for this period is projected at around UAH 270,9 billion. The largest sources of funding are identified as the general fund of the budget (over UAH 150,7 billion) and resources mobilised from international financial institutions and foreign governments (over UAH 114 billion). The plan provides for an indicative distribution of funding across 18 key sectors.

The plan covers 44 subsectors and defines 67 priority areas for public investment. It applies to public investment projects and programmes, and does not cover compensation for property damaged or destroyed as a result of hostilities, grants, or financial support programmes for the private sector and citizens. Any capital investments within the scope of the plan must meet five cross-cutting criteria: digitalisation, energy efficiency improvement, climate change adaptation, gender equality, and a barrier-free environment. Priorities were set taking into account international obligations under the Ukraine Facility programme and the damage assessment according to the RDNA5 methodology, which estimates the country’s total recovery needs at USD 587,7 billion.

The document is aimed at increasing the transparency and predictability of state policy for international partners and business. The new rules are intended to facilitate effective fundraising, as only projects that align with the approved priorities and are included in the Unified Project Portfolio will be eligible for state budget funding or state support.

Military personnel to receive at least 25% of revenues from paid licensing of technologies they develop

The Cabinet of Ministers of Ukraine, on the initiative of the Ministry of Defence, has supported a resolution defining the procedure for managing intellectual property within the Defence Forces. The document introduces clear rules for licensing state-owned military technologies for their transfer into serial production on a commercial basis, and also provides for the payment of rewards to servicemember-developers. The new mechanism expands the conditions of the experimental project launched in October 2025 and applies to all components of the Defence Forces of Ukraine.

According to the government decision, at least 25% of the funds generated from paid licensing will be paid directly to the personnel who created the respective technologies. The remaining revenue will be directed to funding the unit where the development originated, as well as to the needs of military R&D, the advancement of defence innovation, and the legal protection of technologies in Ukraine. At the same time, the regulation establishes that, in certain cases, the licensing of defence solutions may be carried out free of charge.

The new procedure introduces the transfer of technologies under paid exclusive licences through a competitive selection of licensees, which will enable enterprises to invest in large-scale production and the long-term development of innovations. For non-exclusive licences, equal conditions for acquisition are secured for all manufacturers. In addition to production technologies themselves, the rules will regulate the use of content (images, audio, and video materials) and other intellectual property assets belonging to the Defence Forces.

The Cabinet of Ministers has approved the Concept for Developing the Unified Digital Ecosystem for Public Investment Management

The Cabinet of Ministers of Ukraine, by Order No. 547-r dated 4 June 2026, has approved the Concept and endorsed the action plan for 2026–2028 for its implementation. The new decision is designed to cover the full cycle of investment projects, from initial planning and competitive selection to practical implementation, monitoring, and final evaluation of results.

The main goal of the concept is to ensure the compatibility of state information systems and to introduce unified approaches to data exchange and project identification. Digitalisation will improve the quality and verification of analytics for the evaluation and selection of investment projects at both national and local levels, as well as enhance transparency in the use of public funds. The new system will be built around the integration of existing resources, including the DREAM ecosystem, the WebCFA AIS, the LOGICA system, State Treasury Service systems, and e-procurement services, which will help avoid duplication of functions and reduce the administrative burden.

The approved government action plan for 2026-2028 consists of 12 consecutive stages. The action plan provides for the development and launch of a specialised digital module for managing state budget investments within the WebCFA AIS, the creation of a technical framework for interoperability between key registries, and the implementation of unified data exchange standards. The coordination of work and monitoring of performance indicators have been assigned to the Ministry of Finance.

The introduction of the new rules aims to streamline public administration and increase the efficiency of budgetary resource allocation during the country’s recovery. The new regulations are intended to facilitate the formation of a Unified Project Portfolio based on high-quality data, minimise administrative barriers for stakeholders, and further align Ukraine with European standards in the field of public finance.

The NSSMC has approved rules for defining and disclosing inside information on capital markets

The National Securities and Stock Market Commission (NSSMC), by Resolution No. 09/21/4366/K03 dated 13 May 2026, has approved the Regulation on Inside Information and its Disclosure on Capital Markets. The decision was registered with the Ministry of Justice of Ukraine on 25 May 2026 under No. 741/46135. The Regulation comes into force on 1 January 2027, and individuals and entities subject to it must bring their activities into compliance with the new requirements before this date.

The Regulation applies to issuers of financial instruments admitted to trading on organised capital markets, or instruments for which an application for admission to trading has been submitted. Certain requirements also apply to investment firms, organised market operators, and depository and clearing institutions that provide services to such issuers. At the same time, the Regulation does not apply, in particular, to government bonds, treasury bills, state derivatives, bonds of the Deposit Guarantee Fund, and municipal bonds.

Issuers must independently determine their list of inside information and disclose it no later than the end of the next business day following its occurrence, except in cases where a delay in disclosure is permitted. The Regulation establishes requirements for publishing such information on the issuer’s website, submitting it to the NSSMC as electronic documents in XML format, and interacting with the entity publishing the regulated information and organised market operators. Information published on the website must remain publicly accessible for at least five years.

An issuer that is not a financial institution may, under its own responsibility, delay the disclosure of inside information if immediate publication could prejudice its legitimate interests, provided that the delay would not mislead market participants and the confidentiality of the information can be ensured. For issuers that are financial institutions, a delay is permitted only with the consent of the NSSMC, particularly if disclosing the information could jeopardise the financial stability of the issuer or the financial system, and other conditions established by the Regulation are met.

The Regulation also obliges issuers to maintain electronic lists of insiders. Individuals must be included in these lists no later than the next business day after the relevant grounds arise, and the lists themselves must be retained for at least five years from the date of the last amendment or update. The document also defines instances of legitimate insider conduct when executing transactions with financial instruments.

The Government has approved the Medium-Term Plan for Priority Public Investments of the State for 2027–2029

Military personnel to receive at least 25% of revenues from paid licensing of technologies they develop

The Cabinet of Ministers has approved the Concept for Developing the Unified Digital Ecosystem for Public Investment Management

The NSSMC has approved rules for defining and disclosing inside information on capital markets

Tax Law Practice | Tax Alert

A Verkhovna Rada committee has backed a draft law on the ‘Free Hryvnia’ special fiscal regime

On 16 June 2026, the Verkhovna Rada Committee on Digital Transformation has backed draft law No. 15009 on the introduction of the ‘Free Hryvnia’ special fiscal regime. At the same time, the Members of Parliament emphasized the need to consider the comments and proposals submitted regarding the bill before its further consideration.

The initiative proposes introducing a voluntary special tax regime, which will not replace the current taxation system but will operate in parallel with it. Its aim is to simplify the fulfilment of tax obligations through automated administration without the need for reporting, tax audits or manual checks.

The draft law proposes:

to introduce a new section into the Tax Code of Ukraine to regulate the special ‘Free Hryvnia’ regime;
to establish a mechanism for an automated fiscal contribution as an alternative method of fulfilling tax obligations;
to carry out administration via special bank accounts and automated transaction registers;
to exempt participants in the regime from filing tax returns and from audits regarding obligations fulfilled within the framework of this regime.

The draft law is currently under consideration in the Verkhovna Rada. Approval by the relevant committee is one stage of the legislative process and does not imply final adoption of the document. Should the law be passed, the ‘Free Hryvnia’ regime is planned to be introduced as an experimental, voluntary tax payment mechanism.

Updated rules on the use of cash registers and point-of-sale systems have been in force since 19 June: what has changed

On 19 June 2026, Resolution No. 773 of the Cabinet of Ministers of Ukraine came into force, amending several regulatory acts concerning the use of cash registers (CRs), software cash registers (SCRs) and self-service software and hardware systems (SSHSS).

The document does not introduce new obligations for businesses but primarily brings the existing rules into line with the legislation.

Key changes include:

the provision allowing payments to be made without CRs/ SCRs when selling tickets, vouchers and boarding passes on sea and river vessels has been removed from List No. 1336;
terminology has been updated in line with the current structure of central executive authorities;
provisions regarding the provision of postal services and the use of CRs/ SCRs in this sector have been updated;
the rules for the use of SSHSS when accepting cash for subsequent fund transfers have been clarified in accordance with legislation on payment services.

The Government emphasises that the changes are of a technical and harmonising nature and do not introduce new requirements regarding the mandatory use of cash registers or point-of-sale terminals. At the same time, businesses benefiting from the exemptions set out in List No. 1336 should familiarise themselves with the updated version of the document and take the changes into account in their operations.

Supreme Court: cash-on-delivery payments via NovaPay do not require the use of a cash register

The Supreme Court has confirmed that the online sale of goods with full cash-on-delivery payment via NovaPay does not impose an obligation on the seller to use a cash register (CR). The relevant ruling was handed down in case No. 520/27700/25, upholding the decisions of the lower courts to overturn a fine imposed by the State Tax Service amounting to over 92 million UAH.

The essence of the dispute: during an audit, the tax authority concluded that an entrepreneur selling goods online with delivery via ‘Nova Poshta’ and payment via the NovaPay service was required to use a CR. Following the audit, the State Tax Service imposed additional penalties amounting to over 92 million UAH.

The Supreme Court’s position: in the case of full cash-on-delivery, the buyer’s funds are initially received by the non-bank financial institution NovaPay, and the seller subsequently receives a non-cash transfer to their account. In such circumstances, the seller does not carry out a payment transaction within the meaning of the Law on Cash Registers, and therefore there is no obligation to use their own cash register or software cash register.

Points to note: the Supreme Court’s ruling specifically concerns the model of full cash-on-delivery without prepayment. If the buyer makes a partial or full prepayment via other payment services or acquiring banks, the legal assessment of such transactions may differ. This established legal position serves as an important guideline for e-commerce businesses that process cash-on-delivery payments via NovaPay.

The State Tax Service has updated its Audit Schedule for 2026

On 26 June 2026, the State Tax Service of Ukraine published an updated Audit Schedule for scheduled documentary audits of taxpayers for 2026. Changes have been made to all sections of the schedule, and the number of audits of legal entities and individuals, as well as audits relating to personal income tax, military levy and unified social contribution, has been increased. It should be noted that the initial schedule for 2026 was published on 24 December 2025.

At the same time, the June update is the last in 2026 during which the State Tax Service is authorised to amend the list of taxpayers. In accordance with the provisions of the Tax Code of Ukraine, amendments to the schedule may be made only once in the first quarter and once in the second quarter of the current year.

Once the second quarter has ended, the inclusion of new taxpayers in the schedule is not permitted. The only exceptions are:

a change of name for a taxpayer already included in the schedule;
correction of technical errors.

Furthermore, if a taxpayer was included in the schedule during the second quarterly update, a scheduled documentary audit may commence no earlier than 1 October 2026.

Therefore, the schedule published in June effectively constitutes the final list of taxpayers who may be subject to scheduled documentary audits in 2026. Taxpayers should check whether they are included in the schedule now, as after the second quarter the law does not provide for the inclusion of new business entities in it, apart from technical adjustments specified in the Tax Code of Ukraine.

In the second quarter of 2026, the ‘White Business Club’ was updated by almost a third

The State Tax Service has carried out its regular quarterly update of the List of taxpayers with a high level of voluntary compliance with tax legislation, better known as the ‘White Business Club’. Following the update, the List now comprises 9,251 taxpayers, of whom 8,673 are legal entities and 578 are sole traders. Compared with the previous quarter, the composition of the List has been updated by 32 per cent: 1,490 new taxpayers have been included, whilst 1,216 business entities have been removed.

It is important to understand that the ‘White Business Club’ is a List of taxpayers compiled by the State Tax Service in accordance with the provisions of the Tax Code of Ukraine. Taxpayers who meet the requirements established by law are automatically included in it. There is no need to apply for inclusion in the List – the State Tax Service determines compliance with the criteria independently based on tax administration data.

To be included in the List, a taxpayer must, in particular, have no tax arrears or outstanding social security contributions, meet the criteria regarding the level of tax payments depending on the taxation system, not be subject to winding-up or bankruptcy proceedings, not have the status of a high-risk VAT payer, and also meet other requirements set out in the Tax Code of Ukraine. The specific list of criteria varies depending on the taxpayer’s category and the taxation system.

Inclusion in the List provides businesses with several administrative benefits provided for by the Tax Code. A compliance manager is assigned to the taxpayer to liaise with the State Tax Service; personalised tax advice is provided within shorter timeframes; and the taxpayer receives advance notice of any identified tax risks and the opportunity to rectify them before tax control measures are applied. Furthermore, the legislation provides for specific tax administration arrangements for such taxpayers, aimed at reducing the administrative burden.

You can check whether you meet the criteria in the Taxpayer’s Electronic Account, and the current List is published on the State Tax Service’s official portal in the ‘Territory of High Level of Tax Trust’ service.

Litigation Practice

Register of damage caused by the aggression of the russian federation against Ukraine: expanded categories of claims and improved evidentiary framework

By Resolution of the Cabinet of Ministers of Ukraine No. 670 dated 27 May 2026, amendments were introduced to the procedures approved by Resolution of the Cabinet of Ministers of Ukraine No. 365 dated 29 March 2024, expanding the scope of the Register of Damage Caused by the Aggression of the Russian Federation against Ukraine.

The Resolution introduces new categories of claims for individuals, legal entities, the State, and territorial communities, expanding the list of types of damage that may be recorded for future compensation.

For individuals (Category A), it is now possible to submit claims relating, inter alia, to violations of international law and international humanitarian law, loss of access to healthcare and education, as well as certain economic losses associated with the death or disappearance of close family members, funeral expenses, and damage to movable property.

For the State and territorial communities (Category B), the scope of claims has been expanded to include damage related to cultural heritage, environmental damage and damage to natural resources, State humanitarian expenditures, and expenditures on humanitarian demining.

For legal entities (Category C), it is now possible to submit claims relating to expenses incurred for the evacuation of business operations, support provided to employees and their family members, as well as other economic losses.

The amendments also improve the evidentiary framework for substantiating damage by allowing remote inspection reports to serve as an official source of information for submitting claims to the Register of Damage in cases where on-site inspection of the affected property is impossible or poses a safety risk.

Accordingly, the amendments are aimed at expanding the categories of damage that may be taken into account within the Register of Damage, as well as improving the mechanisms for documenting losses incurred as a result of the ongoing hostilities.

The existence of a disciplinary sanction does not preclude the payment of a bonus to a civil servant: clarification by the National Agency of Ukraine on Civil Service

In its clarification No. 208-r/z dated 29 May 2026, the National Agency of Ukraine on Civil Service (NACS) set out its approach to the payment of bonuses to civil servants who have an outstanding disciplinary sanction by distinguishing between the concepts of incentives and bonuses. The NACS stated that a bonus constitutes a component of the remuneration system for civil servants rather than an incentive measure within the meaning of the Law of Ukraine “On Civil Service”.

Accordingly, the statutory restriction on the application of incentive measures during the period in which a disciplinary sanction remains in effect does not apply to the payment of a monthly or quarterly bonus. The mere existence of such a disciplinary sanction does not automatically constitute grounds for depriving a civil servant of a bonus.

At the same time, the NACS emphasised that the granting of bonuses remains a right, rather than an obligation, of the head of the civil service. A decision on awarding a bonus must be made taking into account the civil servant’s personal contribution and performance in accordance with the approved internal bonus policy.

Accordingly, the existence of a disciplinary sanction does not preclude the possibility of receiving a bonus. However, the head of the civil service is required to assess the civil servant’s actual performance and substantiate the decision to award or withhold a bonus. The NACS clarification confirms that a bonus is an instrument for assessing civil service performance rather than a disciplinary incentive.

The Supreme Court confirmed the right of legal entities to self-representation through their employees regardless of the value of the claim

In its judgment dated 10 June 2026 in case No. 565/2661/25, the Second Judicial Chamber of the Civil Cassation Court within the Supreme Court considered the issue of whether an employee of a legal entity may participate in court proceedings by way of self-representation without engaging an advocate.

The Court set aside the decisions of the lower courts, which had returned the statement of claim filed by a banking institution and signed by one of its employees. The lower courts had concluded that the case was not a minor case and, therefore, that the legal entity could only be represented by an advocate.

The Supreme Court noted that the legislation distinguishes between the representation of a legal entity and its self-representation. Self-representation may be exercised not only by the head of the legal entity but also by other employees, provided that their authority is established by law, the charter, an employment agreement, or a job description.

In this case, the Supreme Court recognised as sufficient evidence of the employee’s authority a copy of the order appointing the employee and the employee’s job description, which confirmed the employee’s authority to act on behalf of the bank and to sign procedural documents.

Accordingly, the Supreme Court confirmed that legal entities may protect their interests in court through duly authorised employees by way of self-representation, regardless of whether the case qualifies as a minor case or of the value of the claim, provided that such authority is properly documented.

The Supreme Court clarified the conditions for payment of UAH 15 million in the event of a servicemember’s death caused by illness

In its judgment dated 16 June 2026 in case No. 620/10029/24, the Administrative Cassation Court within the Supreme Court considered the issue of entitlement to a one-off financial assistance payment of UAH 15 million in the event of a servicemember’s death resulting from an illness related to military service.

The Ministry of Defence of Ukraine refused to grant the payment to the family of a servicemember who died from acute hepatorenal failure, despite the fact that the Military Medical Commission had confirmed that the death was connected with the defence of the Homeland.

The dispute centred on whether Resolution of the Cabinet of Ministers of Ukraine No. 168 covers cases where a servicemember dies from an illness related to military service.

The Supreme Court answered this question in the negative, holding that entitlement to the payment arises only where the death is causally linked to a wound, concussion, injury, or mutilation sustained while defending the Homeland or participating in combat operations. A finding that the death is connected with the defence of the Homeland through an illness, without establishing a causal link between the illness and such a wound, concussion, injury, or mutilation, is insufficient for the award of the payment.

Late payment for transferred real estate is not grounds for termination of the agreement: supreme court

In its judgment dated 20 May 2026 in case No. 362/1326/22, the Third Judicial Chamber of the Civil Cassation Court within the Supreme Court determined the appropriate remedy available to a seller who has not received full payment for real estate that has already been transferred to the purchaser.

The purchaser paid only part of the purchase price for the residential building and land plot after title to the property had been transferred. The seller sought termination of the agreement, alleging a material breach of its terms.

The Supreme Court stated that where the purchaser has accepted the property and failed to pay the full purchase price on time, the special provisions of Article 692 of the Civil Code of Ukraine apply. These provisions entitle the seller to claim payment of the outstanding amount together with interest, but not to seek termination of the agreement.

Accordingly, termination of the agreement in such legal relations is not an appropriate remedy, whereas recovery of the outstanding debt constitutes the appropriate remedy.

Ministry of Justice clarified the procedure for reinstatement of parental rights: key conditions and evidentiary requirements

In its clarification dated 9 June 2026, the Ministry of Justice of Ukraine systematised the approach to the reinstatement of parental rights. Reinstatement is possible only through court proceedings upon a claim filed by the mother or father who has been deprived of such rights, provided that the grounds for the deprivation have been eliminated. Guardianship authorities, relatives, and the child do not have standing to bring such a claim. The procedure does not apply where the child has been adopted or has reached the age of majority.

The court considers the case under civil procedure, taking into account the best interests of the child, the position of the other parent, and the views of the child.

The court assesses not only documentary evidence (including certificates of income, housing, payment of child support, medical certificates, and the opinion of the guardianship authority), but also actual changes in the parent’s lifestyle, including the performance of parental responsibilities, the restoration of contact with the child, and the existence of stable conditions for the child’s upbringing.

If the claim is dismissed, a repeated claim may not be filed earlier than one year after the court decision has become final. Reinstatement of parental rights is permitted only where the changes are genuine, stable, and consistent with the best interests of the child.

The Supreme Court Defined Key Approaches in Disputes Involving Homeowners’ Associations

The Supreme Court has summarised its case law on disputes involving homeowners’ associations (HOAs), systematising its legal positions regarding the status of the association, jurisdiction, common property, and the protection of co-owners’ rights. The Court emphasised that an HOA is not merely a form of organisation of residents, but a special mechanism for the management of a multi-apartment building that ensures the maintenance of common property and may bring legal proceedings in the interests of the co-owners.

Key legal positions:

The dismissal of the chair of the HOA’s management board constitutes a corporate dispute; the lawfulness of the termination of the chair’s powers is assessed by reference to the legality of the decision of the governing body rather than under employment law (judgment of the Civil Cassation Court within the Supreme Court dated 25 February 2026 in case No. 127/16932/24);
A dispute between an HOA and an individual entrepreneur may fall within the jurisdiction of the commercial courts where the premises are used for business activities (judgment of the Civil Cassation Court within the Supreme Court dated 29 January 2025 in case No. 686/1350/23);
Ancillary premises in a multi-apartment building are presumed to be the common property of the co-owners; any person asserting a different legal status bears the burden of proving, in particular, that the premises constituted a separate property unit from the design stage (judgment of the Civil Cassation Court within the Supreme Court dated 22 January 2025 in case No. 760/33583/21);
The use of the adjacent land plot requires the consent of the co-owners as joint owners of the common property; in cases of unauthorised construction, demolition of the unauthorised structure and restoration of the previous condition may constitute the appropriate remedy (judgment of the Civil Cassation Court within the Supreme Court dated 14 August 2024 in case No. 442/1888/23);
Relations between an HOA and the co-owners are not governed by consumer protection legislation, as they arise from the implementation of resolutions of the general meeting and the association’s charter (judgment of the Civil Cassation Court within the Supreme Court dated 30 November 2023 in case No. 401/983/23).

The determining issues in disputes involving HOAs are jurisdiction, the legal status of common property, the powers of the governing bodies, and the appropriate remedies for the protection of the co-owners’ rights.