Verkhovna Rada of Ukraine enacted the Law of Ukraine “On Limited and Superadded Liability Companies” No. 2275-VIII dated 06.02.2018 (the “Law”). Under the Law essential changes were introduced in all areas of activity of limited and superadded liability companies (hereinafter the “Companies”) including incorporation and management, formation and adoption the constituent documents, business activity and acquisition and sale of participation interest in authorized capital of the Companies.
Verkhovna Rada of Ukraine enacted the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine Related to Corporate Agreements” No. 1984-VIII dated 23.03.2017 (the “Law”) introducing among the other essential changes into the regulation of rights and obligations of the participants of limited liability companies (LLC) and shareholders of Joint Stock Companies (JSC); management of the LLC and the JSC (hereinafter the “Companies”) and acquisition and sale of shares.