Independent Contractors vs. Full Time Employees – Trends in the Ukrainian IT Industry

Admittedly, Ukrainian labor legislation is cumbersome, archaic and highly bureaucratic, but it does allow for several labor law options in setting up a business structure. For example, a legal entity can hire an individual as a full time employee (and pay significantly high taxes, face potential problems with termination, etc.) or as a private entrepreneur (independent contractor, without the above issues). Of course, most prospective employers prefer the latter option, but it comes with certain risks.

Last Updated on Thursday, 27 January 2022 12:35

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Ukraine’s Independence “Depends” on the Upcoming Presidential Election

Like most Ukrainians, in the past I have always limited my participation in the Presidential elections simply by casting a vote. However, due to the war with Russia and the real threat to Ukraine’s independence, like millions of other Ukrainians, I have decided that instead of simply celebrating Independence Day, it would be more useful to get involved in the actual process of selecting the best possible President of Ukraine. This time, unlike before, I decided to become more active in shaping Ukraine’s future at this pivotal historical juncture. Specifically, I hope to unite no less than 200,000 voters, who will join me in voting for the right candidate.

Last Updated on Tuesday, 18 September 2018 15:37

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Due Diligence Checklist for Building Purchase in Ukraine

Foreign investors interested in acquiring residential or commercial property must first perform due diligence on the property in order to learn who the real owners are (legal entities and/or physical persons) and whether there are any potential liabilities (liens, arrests). This involves careful review of the land status under the building as well analysis of all documents related to the building itself.

Last Updated on Wednesday, 16 May 2018 23:29

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Latest Ukrainian Immigration and Temporary Residents Permits Rules

I. Ukrainian Immigration Rules

Ukrainian immigration legislation (and practice) have always been a source of confusion and frustration among the foreigners. For many years a near complete lack of enforcement helped to alleviate many of the problems, which foreigner visitors are starting to recently encounter. Today, Ukraine is closer to Europe than ever before, and for the first time since 1991, Ukrainian customs officials are beginning to strictly enforce the visitation rules for foreigners to periods of up to 90 days within a 180-day term, unless different rules are applicable to visas.

Last Updated on Thursday, 22 March 2018 18:21

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Ukrainian Real Estate in 2017: Investment Opportunities and Risks

As any Ukrainian real estate agent will confirm: now is the best time to invest in residential properties in Kiev.  The prices for apartments are at their lowest since 1993, ranging from $800 to $3,000 per square meter (depending on the location and condition of the unit).  At the same time, no bank financing is available, which gives prospective purchasers with cash a tremendous negotiating advantage.  Last, but not least, in June 2017, Ukrainian citizens have been granted visa-free entry in any EU country, which means that Ukraine will surely become a European nation in 5-10 years, and prices for real estate will increase over the next few years.

Last Updated on Monday, 11 September 2017 16:32

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