fbpx

Legislative news digest: LEGAL HOTLINE 14.11.2019

Contents

  1. New anti-raider law took effect
  2. Amendments to customs code
  3. Unified state register open in full
  4. Land turnover monitoring system presented

Legal news for your attention:

New anti-raider law took effect

 

On 2 November 2019, the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Protection of Ownership Rights” took effect.

The novels are aimed at protecting the rights of real estate and business owners and include, in particular:

  • Termination of activity of accredited agents, that is, municipal enterprises at local self-government authorities and local state administrations;
  • Presentation of notarised documents, on the basis of which state registration is carried out, on special forms of notarial documents, which is an additional protection of such documents from forgery;
  • The state registrar accesses to the State Register of Rights through multilevel authentication;
  • Stricter liability for violations in state registration.

 

Amendments to customs code

 

On 7 November 2019, the Law of Ukraine “On Amendments to the Customs Code of Ukraine Regarding Some Issues of Operation of Authorized Economic Operators” took effect.

The law introduces the institute of Authorized Economic Operators (AEO), which should ensure transparent and fair rules of interaction of business with the customs.

The Program of Authorized Economic Operators is aimed at:

  • Accelerating customs procedures (reduced risk; simplified declaration procedure);
  • Improving customs services (possibility of delivering goods immediately to the warehouse of the company; notification of the physical examination of cargoes);
  • Cost savings (reduction of delays on the border; reduction of costs for customs terminal services);
  • Predictability of doing business (transparent and clear customs clearance procedures; security upgrade and improvement of communication between partners in a supply chain).

 

Unified state register open in full

 

On 6 November 2019, Minister of Justice of Ukraine Denys Maliuska signed Order No. 3412/5 “On Amendments to the List of Information to be Disclosed in the Form of Open Data Owned by the Ministry of Justice of Ukraine”.

From now on, the list of information to be disclosed in the form of open data is extended, in particular, the following data are also available: date and number of the record on state registration of the legal entity; data on assignees; data on standalone units of the legal entity.

According to the Order, part of the information will be updated in the register on a daily basis, and part of the information will be updated once every five days. The full register is planned to be published in the open data format once a week.

 

Land turnover monitoring system presented

 

On 4 November 2019, the Ministry of Economy presented the concept of land use and turnover system, which is aimed to ensure transparency and control in land relations.

The monitoring system will contain complete information on the transfer of land title, land owners, the value of sales and lease agreements, etc.

Further steps in the implementation of the system are to ensure data exchange between state registers containing relevant information (State Service of Ukraine for Geodesy, Cartography and Cadastre (StateGeoCadastre), Register of Real Rights, Register of Legal Entities, etc.) and to create a software product that will analyse these data and show them to representatives of state authorities and the public.

In fact, the system should be able to provide the opportunity to see on-line what is happening with land use and land ownership.

Kateryna Manoylenko

Kateryna Manoylenko

Partner, Head of Litigation and Dispute Resolution practice, Attorney at law

  • Recognitions
  • The Legal 500 EMEA 2020
  • Best Lawyers in Ukraine 2021
  • Who's Who Legal 2020
  • Ukrainian Law firms. A Handbook for Foreign Clients 2020
Natalia Matviychuk

Natalia Matviychuk

Associate, Attorney at law

Related insights

Tax reform 2020: how to prepare for the change

22 September 2020 Publication

Tax reform 2020: how to prepare for the change

Read
LEGAL HOTLINE 10.09.2020

10 September 2020 Publication

LEGAL HOTLINE 10.09.2020

Read
LEGAL HOTLINE 03.09.2020

02 September 2020 Publication

LEGAL HOTLINE 03.09.2020

Read
View all

We use cookies to improve performance of our website and your user experience.
Cookies policy Cookies settings

Please read the provisions of the privacy policy and the processing of personal data carefully Cookies policy.

I consent to the processing of personal data in accordance with the privacy policy and the processing of personal data

I want to receive a mailing

We use cookies to improve performance of our website and your user experience. Cookies policy Hide settings