OECD Investment Policy Reviews: Ukraine 2011 by OECD Publishing

By OECD Publishing

The sequence examines nations' funding rules and displays the OECD's challenge to assist governments increase their funding weather via peer studying and the sharing of most sensible practices. This overview seems to be on the Ukraine. desk of contents : govt precis and coverage ideas bankruptcy 1: Ukraine's beginning to overseas funding bankruptcy 2: overseas Direct funding Regime bankruptcy three: Ukraine coverage Framework for funding bankruptcy four: funding in help of strength potency

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Law No. 1775-III “On Licensing of Certain Economic Activities” (1 June 2000). 17. Law No. 1571-VI “On Amending Certain Laws of Ukraine on Further Improving Business Licensing Procedures” (25 June 2009). 18. Resolution of the Cabinet of Ministers No. 322 “Regulation on the Issuance, Extension and Annulment of Work Permits for Foreigners and Stateless Persons” (8 April 2009). 19. Decree of the Cabinet of Ministers “On the System of Currency Regulation and Currency Control”. 20. Law No. 185/94-BP “On Payments in Foreign Currency” (23 September 1994) as amended on 11 February 2010.

FDI stocks and the FDI Index FDI stocks (as % of GDP) vs. 3. Ease of Doing Business Rankings in selected countries 160 140 120 100 80 60 40 20 n ta e be kis ra in Uz Uk ss ia Ta jik ist an Ru do va d M ol lan Po us Be lar rk ey Tu Ge or g ia Re Kyr pu gy bl z ic Ar m en ia Az er ba ija n Ka za kh st an 0 Source : Doing Business 2011, World Bank. 52 OECD INVESTMENT POLICY REVIEWS: UKRAINE 2011 © OECD 2011 2. 4. Ukraine’s business climate in a regional context (ranking by measure, 183 countries) Ukraine Low of Regional 12 Closing a business Enforcing contracts Starting a business 200 180 160 140 120 100 80 60 40 20 0 Trading across borders High of Regional 12 Dealing with construction permits Registering property Getting credit Paying taxes Protecting investors Source : World Bank, Doing Business 2011.

Foreign companies can buy privately-owned, non-agricultural land within city limits for construction or business purposes and outside of city limits when they buy real estate. The purchase of publicly-owned land is possible but subject to complex procedures and requires consent by relevant ministries or the Parliament. Leasing of land in public (state or municipal) ownership is either decided by the respective local council or is subject to tender procedures. According to the Land Code of Ukraine, which came into force on 1 January 2002, foreign entities are not allowed to own agricultural land.

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