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June
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Optimists change the world
The name of Incolanse Law Firm appears quite often among businesspersons and experts, on the sidelines of professional conferences in legal and business topics....
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MEDIATION IS THE FUTURE IN THE WORLD OF LAW.
ALTERNATIVE METHODS OF DISPUTE RESOLUTION ARE INCREASINGLY COMMON IN THE UKRAINIAN JURISPRUDENCE. IT RESULTS FROM THE DESIRE OF BUSINESS NOT TO WASTE PRECIOUS TIME AND LOSE HUMAN AND FINANCIAL RESOURCES. Legal wrangle imposes many financial costs on the parties to a trial: court fee, forensic examinations and lawyer expenses. Sometimes legal proceedings linger on for years, and contested property/funds no longer cover the expenses incurred during a trial. For example, for legal entities a mere court fee is 1.5% of claim amount, an appeal will cost 150% of the rate paid at the trial level, a cassation will be 200%. An...
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Export matters are now among priorities of legal support that we provide to our customers.
Olha DRACHEVSKA: “Export matters are now among priorities of legal support that we provide to our customers” “Incolanse” law firm is well-known in business circles not only in Ukraine, but also far from boarders thereof. By their persevering work since year 2013, the lawyers of this company become reliable support for both Ukrainian and foreign companies. We managed to catch the founder and managing partner of the company, Ms. Olha DRACHEVSKA in her tight business schedule to discuss the “hottest” matters of the businessmen’s requests. To take advantage of the opportunity, we also received her comment on the Order No. 85...
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ELECTRONIC DEMOCRACY: MOBILE AND TRANSPARENT
Agreat number of registers with thousands of gigabytes of data were created over the years of independence of Ukraine. However, in order to receive certain information, one must personally make a request to the institutions and relevant authorities. The system requires simplification; thus, in 2017, the Cabinet of Ministers adopted the “Concept of Developing E-Democracy in Ukraine and Action Plan for Its Implementation.” The aim of the Concept is to engage the citizens to collaborate with the state authorities in order to develop public self-organization and self-governance. The Concept implementation is expected to be fulfilled until 2020. It is important to...
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UN Convention on International Settlement Agreements Resulting from Mediation.
UN Convention on International Settlement Agreements Resulting from Mediation On August 7, 2019, in Singapore, Ukraine signed and joined the UN Convention on International Settlement Agreements Resulting from Mediation. The Convention is intended to facilitate the fulfillment of any agreement settled resulting from international commercial disputes' mediation. It helps to implement the tools of recognition and enforcement of decisions made in mediation, like those provided by the New York Convention on Recognition and Fulfillment of Foreign Arbitrary Resolutions, 1958. It shall also be applied to international agreements settled via the mediation of commercial disputes between two companies from different member states of...
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INNOVATIONS OF CUSTOMS LEGISLATION.
The implemented single account for the payment of customs duties (hereinafter referred to as a single account) will facilitate and modernize the mechanisms of export and import potential increase of the country. Decision was adopted and confirmed by the Ministry of Finance as of 1 November 2017, No. 898. Thus, since 18 March 2019, the enterprises were able to transfer advanced payments to a single account. However, already on 16 April 2019, the SFS Customs’ account for the enterprises advanced payments was blocked though the payments were still to be transferred to a single account. Hence, the enterprises got an opportunity...
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Нова модель функціонування “зеленого” ринку.
За останні роки все частіше обговорюються питання поновлюваних джерел енергії або альтернативної енергії. В жовтні 2014 року Кабінет міністрів затвердив Національний план дій до 2020 року з відновлюваної енергетики, який передбачає збільшення частки поновлюваних джерел в загальному балансі генерації електроенергії до 11%. [1] Однак незважаючи на гучні заяви щодо будівництва в Україні нових сонячних електростанцій та колосальних темпах зростання встановлених панелей на приватних будинках, Україна так і не змогла виконати встановлений до 2018 року план по зеленій генерації (частка альтернативних джерел мала досягти 1,3% проте вдалося досягти лише 1,2%). 25 квітня 2019 року, Парламент проголосував за проект закону щодо нової системи...
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ELECTRONIC SIGNATURE IN UKRAINE.
Electronic signature is an electronic data which is added by a signatory to other electronic data or is logically connected with them and used as a signature. Finally, Act of Ukraine “On Electronic Trust Services” dated October 5, 2017 No. 2155-VIII entered into force on November 7, 2018. The law gives Ukrainian citizens the opportunities to get public services not only in Ukraine but also on the EU territory. First of all, this law repeats basic statements of EU Regulation 1999/93/EU and aims at Ukraine’s entry into the European Union digital ecosystem. One of the most important statements of the Law No. 2155...
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Bailout – Saving a Company’s Face
in News
On 18 th of October, 2018, Verkhovna Rada of Ukraine adopted Bankruptcy Code of Ukraine. The Code is becoming valid and is coming into force six month after the date of its official publication. This systematic codifying statute is expected to enhance efficiency of the bankruptcy procedures for making Ukrainian market more attractive for investments and to ensure easier running business in Ukraine. The Code’s structure includes provisions, artificially taken from the current law of Ukraine “On Renewal of the Debtor’s Solvency or Declaring Its Bankruptcy”, Economic Code of Ukraine and Economic Procedure Code of Ukraine. This Code has also...
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