The President of Ukraine signed draft law on “squeeze-out”
PwC, Kyiv, Ukraine
Wed, June 07, 2017
On 1 June 2017 the President of Ukraine signed a Law* that introduces important changes to the way Ukrainian joint stock companies operate, in particular:
- The law introduces a “squeeze-out” and “sell-out” procedure in Ukrainian joint stock companies.
- Changes in the type of a joint stock company or its transformation into another type of legal entity no longer require renewal of permits, licenses or introduction of the respective amendments into lease agreements.
For more details, please see our Flash Report#5 dated 28 March 2017.
The new Law will come into effect on the following day after its publication.
*Law No. 1983-VIII dated 23 March 2017.
Camiel van der Meij, Partner & TLS Leader, email@example.com
Andrey Pronchenko, Partner, Tax and Legal Services, firstname.lastname@example.org
Alexey Katasonov, Director, Tax and Legal Services, email@example.com
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