This document provides an overview of the key legal regulations pertaining to agribusiness in Ukraine. It discusses the sale and purchase of agricultural land, outlining restrictions such as a moratorium on the sale of state-owned agricultural land until 2017. It also covers leasing of agricultural land, employment relations on farms, taxation for agricultural businesses under the single tax, and protections for foreign investment in the agricultural sector. The document is intended to help potential investors and agriculture enterprises understand the legal framework for conducting agricultural business in Ukraine.
Doing agricultural business in Ukraine legal aspects by DLF, Ukraine agricultureChristine Khariv
Agriculture is an important sector for Ukraine, providing 14% of GDP and over 3 million jobs. Recent legal reforms aimed to simplify doing agricultural business by cancelling over 20 licenses and revising others. This document provides an overview of key Ukrainian laws regarding agricultural business, including those relating to land ownership and leasing, employment, and taxation. It notes Ukraine's moratorium on the sale of agricultural land until 2017 and outlines legal requirements and considerations for land transfers, leasing agreements, hiring employees, and paying taxes as a single taxpayer. The information is intended to help potential investors and businesses operating in Ukrainian agriculture.
GO Ms.No.243 land acquisition payment- Payment of Ex-gratia to various categ...bansi default
This document establishes guidelines for providing ex-gratia payments to various categories of encroachers and enjoyers of government lands required for irrigation projects in Andhra Pradesh. It outlines 4 categories (A, B, C, D) and specifies the eligibility and amount of ex-gratia payment for each. Category A includes DKT patta holders who will receive payment as per an earlier order. Categories B and C include long-term cultivators and possessors confirmed in records who will receive full or 50% market value respectively without solatium. Category D includes ineligible purchasers of assigned lands. The order applies these guidelines uniformly across irrigation projects requiring government land acquisition.
1. The document summarizes proceedings regarding an application by Sri.Santhosh Devasia to change the classification of his land in revenue records from "Nilam" (wetland) to "Purayidam" (dry land).
2. The land is currently unsuitable for paddy cultivation but how it became so is unclear. The authority does not have the power to validate an unauthorized past conversion or change the land's classification.
3. The application is rejected under section 6(2) of the KLU order, as converting the land for construction would go against the order's purpose of increasing food crop cultivation and ensuring food security.
This document summarizes the key provisions of Mongolia's Law on Land from 2002. It establishes that all land in Mongolia is owned by the state except land given to citizens for ownership. It classifies land into categories including agricultural land, land in urban areas, land for infrastructure, forest land, and water resources land. It outlines the authorities and responsibilities of government bodies including the State Ikh Khural, Cabinet, and local governments in managing land use, planning, and dispute resolution according to the principles of public oversight, unified territories, fairness, and sustainable use.
Celine allaverdian session 4 land titling_formalisation of land rights in mya...mrlgregion
This document discusses land titling in Myanmar, providing context and details on the process. Some key points:
- Land titling has occurred since British colonial times through surveys, maps, and tax receipts to establish state control over agricultural land.
- The 2012 land law introduced land use certificates (LUC) granting farmers tenure rights to cultivate land according to government rules, while maintaining state ownership. Over 8 million LUCs were issued.
- However, the process of issuing LUCs was rushed and faced issues like inaccurate land areas recorded and lack of involvement from some farmers. Discrepancies in the procedures also varied between locations.
- While LUCs provide benefits like the ability to
This document provides guidance on several administrative orders and policies relating to the parcelization of lands and issuance of individual land titles under the Support to Parcelization of Lands for Individual Titling (SPLIT) Project. It discusses the objectives of the SPLIT Project to expedite the parcelization of collective land titles and issuance of individual titles. It also outlines several important policies, including the need to go beyond just parcelization and address economic empowerment, land use conversion procedures, and jurisdictional issues regarding lands classified as forests or ancestral domains.
This document is Mongolia's Land Law, which establishes classifications and regulations regarding land ownership, possession, and use. It defines key terms and establishes principles for land governance, including maintaining territorial integrity and ensuring equitable access. The law establishes that all land is state property except where granted to citizens for ownership. It classifies land into categories including agricultural, urban, roads and networks, forests, water resources, and special needs. Foreign citizens and entities can access land through use contracts. Citizens, companies and organizations must pay land fees to possess or use land.
Kerala Land relinquishment Act - exemption of stamp duty jamesadhikaram land consultancy 9447464502, Solve your land problems in Kerala - we provide Legal support, assistance and monitoring of your complaints in Bhoomi tharam mattom, nilam , purayidom , thottam ,michabhoomi issues, pattayam , thandapper , pokkuvaravu , land tax , building tax , digital survey , resurvey ,klc , puramboke , pathway disputes, fair value , data bank , issues . James Joseph Adhikarathil , Former Deputy collector Alappuzha 9447464502. Service available all over Kerala
Doing agricultural business in Ukraine legal aspects by DLF, Ukraine agricultureChristine Khariv
Agriculture is an important sector for Ukraine, providing 14% of GDP and over 3 million jobs. Recent legal reforms aimed to simplify doing agricultural business by cancelling over 20 licenses and revising others. This document provides an overview of key Ukrainian laws regarding agricultural business, including those relating to land ownership and leasing, employment, and taxation. It notes Ukraine's moratorium on the sale of agricultural land until 2017 and outlines legal requirements and considerations for land transfers, leasing agreements, hiring employees, and paying taxes as a single taxpayer. The information is intended to help potential investors and businesses operating in Ukrainian agriculture.
GO Ms.No.243 land acquisition payment- Payment of Ex-gratia to various categ...bansi default
This document establishes guidelines for providing ex-gratia payments to various categories of encroachers and enjoyers of government lands required for irrigation projects in Andhra Pradesh. It outlines 4 categories (A, B, C, D) and specifies the eligibility and amount of ex-gratia payment for each. Category A includes DKT patta holders who will receive payment as per an earlier order. Categories B and C include long-term cultivators and possessors confirmed in records who will receive full or 50% market value respectively without solatium. Category D includes ineligible purchasers of assigned lands. The order applies these guidelines uniformly across irrigation projects requiring government land acquisition.
1. The document summarizes proceedings regarding an application by Sri.Santhosh Devasia to change the classification of his land in revenue records from "Nilam" (wetland) to "Purayidam" (dry land).
2. The land is currently unsuitable for paddy cultivation but how it became so is unclear. The authority does not have the power to validate an unauthorized past conversion or change the land's classification.
3. The application is rejected under section 6(2) of the KLU order, as converting the land for construction would go against the order's purpose of increasing food crop cultivation and ensuring food security.
This document summarizes the key provisions of Mongolia's Law on Land from 2002. It establishes that all land in Mongolia is owned by the state except land given to citizens for ownership. It classifies land into categories including agricultural land, land in urban areas, land for infrastructure, forest land, and water resources land. It outlines the authorities and responsibilities of government bodies including the State Ikh Khural, Cabinet, and local governments in managing land use, planning, and dispute resolution according to the principles of public oversight, unified territories, fairness, and sustainable use.
Celine allaverdian session 4 land titling_formalisation of land rights in mya...mrlgregion
This document discusses land titling in Myanmar, providing context and details on the process. Some key points:
- Land titling has occurred since British colonial times through surveys, maps, and tax receipts to establish state control over agricultural land.
- The 2012 land law introduced land use certificates (LUC) granting farmers tenure rights to cultivate land according to government rules, while maintaining state ownership. Over 8 million LUCs were issued.
- However, the process of issuing LUCs was rushed and faced issues like inaccurate land areas recorded and lack of involvement from some farmers. Discrepancies in the procedures also varied between locations.
- While LUCs provide benefits like the ability to
This document provides guidance on several administrative orders and policies relating to the parcelization of lands and issuance of individual land titles under the Support to Parcelization of Lands for Individual Titling (SPLIT) Project. It discusses the objectives of the SPLIT Project to expedite the parcelization of collective land titles and issuance of individual titles. It also outlines several important policies, including the need to go beyond just parcelization and address economic empowerment, land use conversion procedures, and jurisdictional issues regarding lands classified as forests or ancestral domains.
This document is Mongolia's Land Law, which establishes classifications and regulations regarding land ownership, possession, and use. It defines key terms and establishes principles for land governance, including maintaining territorial integrity and ensuring equitable access. The law establishes that all land is state property except where granted to citizens for ownership. It classifies land into categories including agricultural, urban, roads and networks, forests, water resources, and special needs. Foreign citizens and entities can access land through use contracts. Citizens, companies and organizations must pay land fees to possess or use land.
Kerala Land relinquishment Act - exemption of stamp duty jamesadhikaram land consultancy 9447464502, Solve your land problems in Kerala - we provide Legal support, assistance and monitoring of your complaints in Bhoomi tharam mattom, nilam , purayidom , thottam ,michabhoomi issues, pattayam , thandapper , pokkuvaravu , land tax , building tax , digital survey , resurvey ,klc , puramboke , pathway disputes, fair value , data bank , issues . James Joseph Adhikarathil , Former Deputy collector Alappuzha 9447464502. Service available all over Kerala
Instruction PMO NLMA Management of State and Communal Land Eng, unoff. translLIWG-Laos
This document provides instructions on the management of state and communal land in Laos. It defines key terms like state land, communal land, and land utilization rights. It establishes a system for registering state and communal land parcels and legal documents related to land transactions. It outlines procedures for granting state land utilization rights, including criteria for eligibility and the responsibilities of different agencies in authorizing utilization rights. The overall aim is to implement laws and policies on land management in a centralized and uniform manner across the country.
Alternative Minerals
Management Policy
Legal Rights and Natural Resources Center-Kasama sa Kalikasan
(LRC-KsK/Friends of the Earth-Philippines)
February 2011
This document provides an overview of land tax regulations in Russia written by Jon Hellevig, Anton Kabakov, and Artem Usov of Awara Group. It defines taxpayers and exemptions for land tax, describes how the tax base is calculated based on cadastral or market land value, outlines tax rates that vary from 0.01-1.5%, and provides specifics on land tax laws in Moscow and St. Petersburg.
This presentation is from jamesadhikaram.com. James Joseph Adhikarathil, Managing Director and Chief Consultant of jamesadhikaram land matter consultancy which offers total solution to your land problems in Kerala, .James joseph Adhikarathil is Certified Trainer of both Government of India ,Certified trainer of Government of Kerala and former Deputy Collector Alappuzha. Visit us at www.jamesadhikaram.com or call mob 9447464502. Our Facebook pages - kerala laws on land , kerala land assignment , michabhoomi , pokkuvaravu , kerala resurvey , kerala land conservancy , kerala building tax , kerala certificates , thanneerthadaniyamam. our email jamesadhikaram@gmail.com
1. Facebook time line
https://www.facebook.com/jamesjoseph2011/
Face book pages
2. Kerala laws on land https://www.facebook.com/keralalawsonland/
3. Kerala disaster management https://www.facebook.com/Kerala-disaster-management-694459641171427/
4. Kerala mining procedures https://www.facebook.com/Kerala-Mining-Procedures-636052660372278/
5. Ahikaram hr solutions https://www.facebook.com/jamesadhikaramhr/
6. Pokkuvaravu https://www.facebook.com/jamesadhikarams/
7. Wefare schemes https://www.facebook.com/jamesadhikaramwelfare/
8. Kerala certificates https://www.facebook.com/Kerala-Certificates-109969533820489/
9. Kerala buildingtax https://www.facebook.com/Kerala-Building-tax-103998291190661/
10. Kerala Resurvey https://www.facebook.com/jamesadhikaramsurvey/
11. Kerala land assignment https://www.facebook.com/adhikaramhr/
12. Kerla revenue recovery https://www.facebook.com/Kerala-Revenue-Recovery-105429304318074/
13. Thanneerthadaniyamam https://www.facebook.com/Thanneerthada-niyamam-109096300644827/
14. Michabhoomi https://www.facebook.com/Michabhoomi-100979434805415/
15. LSG kerala trainers https://www.facebook.com/LSG-Kerala-Trainers-358931498266232/
16. Kerala registration of land https://www.facebook.com/Kerala-Registration-of-Land-107269217761754/
17. Business success https://www.facebook.com/Business-Success-110380097060352/
18. Kerala Land conservancy https://www.facebook.com/Kerala-Land-Conservancy-586345548669008/
19. SLIDESHARE https://www.slideshare.net/mysandesham
20. Issuu https://issuu.com/mysandesham
21. Quora https://www.quora.com/profile/James-Joseph-Adhikarathil
The document describes plans for an industrial park located in Dnipro, Ukraine. It provides details on the location, including proximity to transportation hubs. The total area of the park will be 60 hectares, with 35 hectares designated as an industrial zone. The park aims to attract manufacturing and promote investment in Dnipro. It will include various types of developments like industrial buildings, commercial and office space, and residential complexes. The management company will oversee arranging the park and engaging participants according to the concept and business plan. The Ukrainian government supports industrial parks through incentives like tax exemptions and infrastructure funding.
Land acquisition procedure in Gujarat Statepareshchavda
Land acquisition procedure in Gujarat State as per Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013
This document discusses issues related to tribal lands in Jharkhand, India. It introduces several experts working in the area and provides background on the history of tribal lands. It defines key legal terms and discusses the constitutional position of tribal lands as well as trends regarding amendments made to the Chotanagpur Tenancy Act and Santhal Pargana Tenancy Act. The document also examines Jharkhand's industrial policy, requirements for corporate social responsibility, and the current status and political aspects regarding tribal lands in Jharkhand.
This document provides information on a proposed township development including:
- The total area of the development is approximately 243 hectares.
- The development will include residential, business, institutional, and open space zones.
- Contours are shown at 0.5m intervals and the site does not fall within the 1:100 year floodline.
A copy of the lawsuit filed Sept. 15, 2011 by landowner and resident of the Township of Middlefield (Otsego County, NY) Jennifer Huntington against the township seeking to overturn Middlefield's recent ban on gas drilling. Huntington claims it violates New York State law which reserves the right to regulate oil and gas drilling in the state.
The document summarizes key aspects of land acquisition laws and policies in India. It discusses the Land Acquisition Act of 1894, which allowed the government to acquire private land for public purposes with limited compensation. It then outlines the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR), which established social impact assessments, consent requirements and increased compensation rates. Finally, it notes that the Modi government proposed amendments through an ordinance in 2015 to simplify the land acquisition process under LARR, but the ordinance lapsed due to protests claiming it was anti-farmer.
The Land Acquisition Act of 1894 allows the Indian and Pakistani governments to acquire private land for public purposes, providing compensation to landowners. It was originally developed to acquire land for railways but is now used for industrialization and infrastructure projects. The Act went through amendments in 2013 to provide greater protections for landowners, including requiring consent, higher compensation rates, land replacement for fertile plots, and land return if projects are delayed. However, critics argued the 2013 Act made the acquisition process too complex. The 2015 amendments aimed to simplify acquisition procedures.
Amendments to the Income Tax Rules 1984
Amendments
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984 Bangladesh
This document is the Income Tax Act of 1961 from India. Some key points:
- It consolidates and amends laws related to income tax and super tax in India.
- It extends to the whole of India and came into force on April 1, 1962, with some exceptions.
- It defines important terms related to income tax law such as "advance tax", "agricultural income", "amalgamation", and "assessee".
- The definitions section provides clarity on the technical meaning of terms used in the tax code to determine tax liability and procedures.
Land Acquisition Rehabilitation and Resettlement Act, 2013Gopal Agarwal
The document discusses India's Land Acquisition, Rehabilitation and Resettlement Act of 2013 and proposed amendments. It provides background on the original 1894 land acquisition law and need for reform. Key points of LARR 2013 included exemptions from consent requirements, levels of consent needed for public-private partnerships and private projects, and compensation rules. Proposed amendments in 2014 and 2015 aimed to address implementation issues with social impact assessments and consent clauses slowing projects. The document outlines debate around the proposals and suggests the party effectively communicate the need for farmers' alternative livelihoods through infrastructure development.
The document provides an overview of the key features of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The summary includes:
1) It outlines the need for a new law combining land acquisition and rehabilitation/resettlement provisions given issues with the outdated 1894 law and need to balance development with protecting farmers' rights.
2) It describes the scope of the new law and its application to both government and private land acquisition over certain area thresholds.
3) It provides a high-level overview of several important provisions including enhanced compensation and rehabilitation packages, restrictions on acquiring multi-crop land, roles for gram sabhas, and benefits for vulnerable groups like S
The document summarizes key aspects of the Land Acquisition Act of 2013 in India, which replaced the prior 1894 act. The 2013 act aims to ensure fair compensation, rehabilitation, and resettlement for those affected by land acquisition. It mandates consent from affected families for private and public-private projects, provides higher compensation rates, and entitlements like jobs, housing, and annuities for those rehabilitated. The act aims to improve transparency and social and economic outcomes for those losing land or livelihoods due to acquisition.
RIGHT TO FAIR COMPENSATION AND REHABILITATION ACT, 2013gopalagarwalca
The document discusses the Right to Fair Compensation and Rehabilitation Act of 2013 in India. It provides background on land acquisition laws and issues in India. It summarizes key aspects of the 2013 Act, including provisions around consent, social impact assessment, compensation packages for land owners, rehabilitation and resettlement of affected families, and infrastructure amenities. It discusses the need for the 2014 ordinance and 2015 amendment bill that amended some provisions of the 2013 Act, including expanding the number of project categories exempt from consent and social impact assessment requirements.
The document discusses various acts related to land acquisition and litigation in West Bengal, including the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, the West Bengal Land Reforms Act 1955, and the Urban Land (Ceiling and Regulation) Act 1976. It provides details on the provisions and purpose of these acts, including compensation and rehabilitation of affected families, land ceiling limits, and direct purchase of land from owners. It also discusses some cases related to land acquisition in West Bengal and issues around proper implementation of the acts.
Albania Theme 6 and 7 Agricultural practices and services: Technical Session 9ExternalEvents
This document summarizes the 2012 Agricultural Census of Albania. It discusses the organization of the census, including the legal basis, preparation of instruments and list frame, post-enumeration survey, and tabulation plan. It then describes the various topics covered by the census, including agricultural practices like tillage methods, irrigation, use of machinery/equipment, buildings, and agricultural services. Specific data collected includes pesticide and seed use, credit receipt, and information sources. The census aimed to update statistical data given changes in Albania and obtain accurate information on agriculture in the country.
Instruction PMO NLMA Management of State and Communal Land Eng, unoff. translLIWG-Laos
This document provides instructions on the management of state and communal land in Laos. It defines key terms like state land, communal land, and land utilization rights. It establishes a system for registering state and communal land parcels and legal documents related to land transactions. It outlines procedures for granting state land utilization rights, including criteria for eligibility and the responsibilities of different agencies in authorizing utilization rights. The overall aim is to implement laws and policies on land management in a centralized and uniform manner across the country.
Alternative Minerals
Management Policy
Legal Rights and Natural Resources Center-Kasama sa Kalikasan
(LRC-KsK/Friends of the Earth-Philippines)
February 2011
This document provides an overview of land tax regulations in Russia written by Jon Hellevig, Anton Kabakov, and Artem Usov of Awara Group. It defines taxpayers and exemptions for land tax, describes how the tax base is calculated based on cadastral or market land value, outlines tax rates that vary from 0.01-1.5%, and provides specifics on land tax laws in Moscow and St. Petersburg.
This presentation is from jamesadhikaram.com. James Joseph Adhikarathil, Managing Director and Chief Consultant of jamesadhikaram land matter consultancy which offers total solution to your land problems in Kerala, .James joseph Adhikarathil is Certified Trainer of both Government of India ,Certified trainer of Government of Kerala and former Deputy Collector Alappuzha. Visit us at www.jamesadhikaram.com or call mob 9447464502. Our Facebook pages - kerala laws on land , kerala land assignment , michabhoomi , pokkuvaravu , kerala resurvey , kerala land conservancy , kerala building tax , kerala certificates , thanneerthadaniyamam. our email jamesadhikaram@gmail.com
1. Facebook time line
https://www.facebook.com/jamesjoseph2011/
Face book pages
2. Kerala laws on land https://www.facebook.com/keralalawsonland/
3. Kerala disaster management https://www.facebook.com/Kerala-disaster-management-694459641171427/
4. Kerala mining procedures https://www.facebook.com/Kerala-Mining-Procedures-636052660372278/
5. Ahikaram hr solutions https://www.facebook.com/jamesadhikaramhr/
6. Pokkuvaravu https://www.facebook.com/jamesadhikarams/
7. Wefare schemes https://www.facebook.com/jamesadhikaramwelfare/
8. Kerala certificates https://www.facebook.com/Kerala-Certificates-109969533820489/
9. Kerala buildingtax https://www.facebook.com/Kerala-Building-tax-103998291190661/
10. Kerala Resurvey https://www.facebook.com/jamesadhikaramsurvey/
11. Kerala land assignment https://www.facebook.com/adhikaramhr/
12. Kerla revenue recovery https://www.facebook.com/Kerala-Revenue-Recovery-105429304318074/
13. Thanneerthadaniyamam https://www.facebook.com/Thanneerthada-niyamam-109096300644827/
14. Michabhoomi https://www.facebook.com/Michabhoomi-100979434805415/
15. LSG kerala trainers https://www.facebook.com/LSG-Kerala-Trainers-358931498266232/
16. Kerala registration of land https://www.facebook.com/Kerala-Registration-of-Land-107269217761754/
17. Business success https://www.facebook.com/Business-Success-110380097060352/
18. Kerala Land conservancy https://www.facebook.com/Kerala-Land-Conservancy-586345548669008/
19. SLIDESHARE https://www.slideshare.net/mysandesham
20. Issuu https://issuu.com/mysandesham
21. Quora https://www.quora.com/profile/James-Joseph-Adhikarathil
The document describes plans for an industrial park located in Dnipro, Ukraine. It provides details on the location, including proximity to transportation hubs. The total area of the park will be 60 hectares, with 35 hectares designated as an industrial zone. The park aims to attract manufacturing and promote investment in Dnipro. It will include various types of developments like industrial buildings, commercial and office space, and residential complexes. The management company will oversee arranging the park and engaging participants according to the concept and business plan. The Ukrainian government supports industrial parks through incentives like tax exemptions and infrastructure funding.
Land acquisition procedure in Gujarat Statepareshchavda
Land acquisition procedure in Gujarat State as per Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013
This document discusses issues related to tribal lands in Jharkhand, India. It introduces several experts working in the area and provides background on the history of tribal lands. It defines key legal terms and discusses the constitutional position of tribal lands as well as trends regarding amendments made to the Chotanagpur Tenancy Act and Santhal Pargana Tenancy Act. The document also examines Jharkhand's industrial policy, requirements for corporate social responsibility, and the current status and political aspects regarding tribal lands in Jharkhand.
This document provides information on a proposed township development including:
- The total area of the development is approximately 243 hectares.
- The development will include residential, business, institutional, and open space zones.
- Contours are shown at 0.5m intervals and the site does not fall within the 1:100 year floodline.
A copy of the lawsuit filed Sept. 15, 2011 by landowner and resident of the Township of Middlefield (Otsego County, NY) Jennifer Huntington against the township seeking to overturn Middlefield's recent ban on gas drilling. Huntington claims it violates New York State law which reserves the right to regulate oil and gas drilling in the state.
The document summarizes key aspects of land acquisition laws and policies in India. It discusses the Land Acquisition Act of 1894, which allowed the government to acquire private land for public purposes with limited compensation. It then outlines the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR), which established social impact assessments, consent requirements and increased compensation rates. Finally, it notes that the Modi government proposed amendments through an ordinance in 2015 to simplify the land acquisition process under LARR, but the ordinance lapsed due to protests claiming it was anti-farmer.
The Land Acquisition Act of 1894 allows the Indian and Pakistani governments to acquire private land for public purposes, providing compensation to landowners. It was originally developed to acquire land for railways but is now used for industrialization and infrastructure projects. The Act went through amendments in 2013 to provide greater protections for landowners, including requiring consent, higher compensation rates, land replacement for fertile plots, and land return if projects are delayed. However, critics argued the 2013 Act made the acquisition process too complex. The 2015 amendments aimed to simplify acquisition procedures.
Amendments to the Income Tax Rules 1984
Amendments
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984
Amendments to the Income Tax Rules 1984 Bangladesh
This document is the Income Tax Act of 1961 from India. Some key points:
- It consolidates and amends laws related to income tax and super tax in India.
- It extends to the whole of India and came into force on April 1, 1962, with some exceptions.
- It defines important terms related to income tax law such as "advance tax", "agricultural income", "amalgamation", and "assessee".
- The definitions section provides clarity on the technical meaning of terms used in the tax code to determine tax liability and procedures.
Land Acquisition Rehabilitation and Resettlement Act, 2013Gopal Agarwal
The document discusses India's Land Acquisition, Rehabilitation and Resettlement Act of 2013 and proposed amendments. It provides background on the original 1894 land acquisition law and need for reform. Key points of LARR 2013 included exemptions from consent requirements, levels of consent needed for public-private partnerships and private projects, and compensation rules. Proposed amendments in 2014 and 2015 aimed to address implementation issues with social impact assessments and consent clauses slowing projects. The document outlines debate around the proposals and suggests the party effectively communicate the need for farmers' alternative livelihoods through infrastructure development.
The document provides an overview of the key features of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The summary includes:
1) It outlines the need for a new law combining land acquisition and rehabilitation/resettlement provisions given issues with the outdated 1894 law and need to balance development with protecting farmers' rights.
2) It describes the scope of the new law and its application to both government and private land acquisition over certain area thresholds.
3) It provides a high-level overview of several important provisions including enhanced compensation and rehabilitation packages, restrictions on acquiring multi-crop land, roles for gram sabhas, and benefits for vulnerable groups like S
The document summarizes key aspects of the Land Acquisition Act of 2013 in India, which replaced the prior 1894 act. The 2013 act aims to ensure fair compensation, rehabilitation, and resettlement for those affected by land acquisition. It mandates consent from affected families for private and public-private projects, provides higher compensation rates, and entitlements like jobs, housing, and annuities for those rehabilitated. The act aims to improve transparency and social and economic outcomes for those losing land or livelihoods due to acquisition.
RIGHT TO FAIR COMPENSATION AND REHABILITATION ACT, 2013gopalagarwalca
The document discusses the Right to Fair Compensation and Rehabilitation Act of 2013 in India. It provides background on land acquisition laws and issues in India. It summarizes key aspects of the 2013 Act, including provisions around consent, social impact assessment, compensation packages for land owners, rehabilitation and resettlement of affected families, and infrastructure amenities. It discusses the need for the 2014 ordinance and 2015 amendment bill that amended some provisions of the 2013 Act, including expanding the number of project categories exempt from consent and social impact assessment requirements.
The document discusses various acts related to land acquisition and litigation in West Bengal, including the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013, the West Bengal Land Reforms Act 1955, and the Urban Land (Ceiling and Regulation) Act 1976. It provides details on the provisions and purpose of these acts, including compensation and rehabilitation of affected families, land ceiling limits, and direct purchase of land from owners. It also discusses some cases related to land acquisition in West Bengal and issues around proper implementation of the acts.
Albania Theme 6 and 7 Agricultural practices and services: Technical Session 9ExternalEvents
This document summarizes the 2012 Agricultural Census of Albania. It discusses the organization of the census, including the legal basis, preparation of instruments and list frame, post-enumeration survey, and tabulation plan. It then describes the various topics covered by the census, including agricultural practices like tillage methods, irrigation, use of machinery/equipment, buildings, and agricultural services. Specific data collected includes pesticide and seed use, credit receipt, and information sources. The census aimed to update statistical data given changes in Albania and obtain accurate information on agriculture in the country.
Summary of CLUP Vol 2 Economic Sector Studyzemtechx
1. The document provides guidance on conducting an economic sector study for comprehensive land use planning. It involves assessing the current state and growth patterns of the local economy to strengthen economic activities sustainably.
2. Key areas of analysis include employment, production volume and value, land utilization, infrastructure, and marketing facilities. The framework analyzes the economic structure, contributions, drivers, locations, trends, strengths/weaknesses/opportunities/threats, and support for economic activities.
3. Within the economic sector, the document outlines steps for analyzing the agriculture sub-sector, including data gathering on community needs and production statistics, and assessing existing conditions, support systems, employment, and policies regarding agricultural land.
Montenegro Theme 4 Crops: Technical Session 7ExternalEvents
The document summarizes Montenegro's 2010 Agricultural Census. It provides details on:
- The historical context and legal basis for the census.
- How the census was conducted, including the observation units, enumeration methods, instruments used, and quality control.
- The types of data collected on temporary and permanent crops, such as cereals, industrial crops, vineyards, and whether crops were in compact plantations.
Arzinger in cooperation with the Institute for Economic Research and Policy C...Axon.Partners
This document is an agriculture guide for foreign investors in Ukraine that provides an overview of the Ukrainian agricultural market and related legal and economic aspects. It discusses the country's agricultural importance and growth as well as the legislative developments affecting agriculture. Specifically, it covers the legal framework for investment, land ownership rights, relevant taxes, and financing options for agricultural enterprises. It also evaluates the potential for bioenergy and biogas production as well as opportunities in the dairy, meat, and biofuel markets. The guide aims to inform foreign investors but notes that case-specific professional advice is also necessary.
The document provides details on conducting an economic sector study for a comprehensive land use plan. It outlines the steps to analyze the agriculture, commerce/trade, industry, and tourism sub-sectors. For agriculture, it describes gathering data on existing crops/livestock, production levels, support facilities, and occupations. It also involves analyzing production, constraints, needs projections, and recommending interventions. Similar steps are outlined for analyzing commerce/trade, with data on commercial areas, business permits, employment. Criteria for suitable land uses for agriculture, fishing, grazing, and commercial areas are also provided.
Land Registration_Student Assignment_Lecturer Ricco Survival Yubaidi (13).pdf224100501
The document discusses land registration of smallholder plantations in Asahan District, Indonesia. It provides background on land registration aims and laws governing land rights. It then discusses how Asahan District has many oil palm and coconut plantations dominated by smallholders. However, some smallholders lack clear land ownership due to issues like living outside the sub-district or land being in forest areas. The Asahan Land Office is working to accelerate land certification for 4000 plots including agricultural land to resolve these legal barriers to smallholders obtaining formal land rights.
This document summarizes the procedures for alienation, assignment, and transfer of state government lands in India. It outlines the following key points:
1) Alienation of land means granting state land for public purposes to individuals/organizations on payment of market value or concession. Applications must follow the prescribed form and procedures in relevant orders.
2) Assignment of land means granting unused waste or poramboke lands to landless individuals, with priority given to landless agricultural laborers. The Mandal Revenue Officer can assign up to 2.5 acres of wetland or 5 acres of dryland.
3) State lands can be transferred between government departments by the Collector, or to central departments, up to 0.
The document provides guidance to local authorities in England on administering the expanded business rates retail discount announced in the 2020 Budget in response to coronavirus. It states that eligible properties must be occupied and wholly or mainly used as shops, restaurants, cafes, drinking establishments, cinemas, live music venues, for assembly and leisure, or as hotels, boarding houses and self-catering accommodation. Local authorities will use discretionary relief powers to grant the 100% business rates relief in 2020/21 and will be fully reimbursed by central government. The guidance defines the property types that are considered eligible and non-eligible for the relief.
The document discusses the agriculture sector in the Philippines. It describes agriculture as cultivating soil, harvesting crops, and raising livestock. The key activities in agriculture are crop production, horticulture, forestry, animal production, and aquaculture. Agriculture provides raw materials for industries and employment for citizens. It also earns foreign currency through exports. However, the sector faces problems like lack of modern equipment, infrastructure, capital, and land ownership issues. Solutions proposed include subsidies, cooperatives, disseminating new technologies, and implementing land reform laws. Land reform aims to transfer ownership and control of land to farmers through various agrarian laws and decrees passed since 1902.
Myanmar _ New MIC Notification 49 - List of Restricted Businesses to foreign ...Dr. Oliver Massmann
This document amends the classification of types of economic activities permitted in Myanmar. It lists economic activities under three categories: prohibited activities, activities only permitted as joint ventures with Myanmar citizens, and activities permitted with specific conditions like requiring ministry approval or being a joint venture. Some prohibited activities include arms manufacturing and natural forest management. Some activities requiring conditions include oil/gas activities, cigarette manufacturing, and developing new towns.
The document summarizes the key aspects of the Comprehensive Agrarian Reform Program (CARP) in the Philippines, including its goals of achieving a more equitable distribution of land and providing land to farmers. It outlines CARP's coverage of public and private agricultural lands, qualification of beneficiaries, retention limits, valuation and compensation of lands, funding sources, and projections for land redistribution over the next 10 years to complete implementation within the targeted timeframe.
This document outlines Bangladesh's national land use policy. It discusses the context of limited land resources in Bangladesh given the large population. The policy aims to control the decreasing rate of agricultural land and unplanned urban growth. It proposes zoning different types of land use and protecting areas like forests, wetlands, and coastal regions. The policy also addresses issues like housing expansion, industrialization, and preventing the misuse of acquired land. It emphasizes collecting land data and ensuring land is used for its highest purpose. The overall goal is to balance development needs with sustainable land and environmental protection.
Census Theme 1 – Identification and general characteristicsFAO
This document discusses Theme 1 items from the World Programme for the Census of Agriculture 2020 regarding the identification and general characteristics of agricultural holdings. It provides background on several items including the identification and location of agricultural holdings, the respondent, legal status and sex of the agricultural holder, and main purpose and economic activities of holdings. Country experiences from Mozambique and Tanzania collecting these types of data in their recent censuses are also summarized. The document aims to describe the concepts and importance of these key identification and characteristic items for agricultural censuses.
This document discusses the establishment of food clusters, or "Agri-parks", in South Africa to promote rural development and food security. It outlines the strategic objectives of the Agri-parks Programme, which include establishing Agri-parks in all districts, supporting smallholder farmers, and bringing underutilized land into production. The key components of an Agri-park - the Farmer Production Support Unit, Agri-hub, and Rural Urban Market Centre - are defined. Priority areas for initial investment in Agri-parks are identified. An implementation strategy is presented, covering activities from site selection to ongoing management. Existing government programs that can support Agri-park development are also noted.
Census Theme 1 – Identification and general characteristics : Technical Sessi...FAO
This document discusses items related to the identification and general characteristics of agricultural holdings that are included in Theme 1 of the World Programme for the Census of Agriculture 2020. It provides background on some key items, including respondent, legal status, sex and age of holder, main purpose and activities. It also discusses some new items such as proportion of income from agriculture, main agricultural activity, and presence and characteristics of a hired manager. Country experiences from Indonesia's 2013 Agricultural Census are presented, showing items collected on identification, location, agricultural activities, main operator, and household income source.
Census Theme 1 – Identification and general characteristicsFAO
The document discusses several items included in Theme 1 of the World Programme for the Census of Agriculture 2020. It provides background information on some key items such as the identification and location of agricultural holdings, legal status and sex of agricultural holders, and main purpose and economic activities of holdings. For each item, it describes the type of item, reference period, importance, and suggestions for response categories. It also shares some country experiences in collecting these types of census items.
Census Theme 1 – Identification and general characteristics : Technical Sessi...FAO
This document discusses several items from Theme 1 (Identification and General Characteristics) of the World Programme for the Census of Agriculture 2020. It provides background on items such as the identification and location of agricultural holdings, respondent for the holding, legal status and characteristics of the holder, and main purpose and activities of the holding. Country experiences from Armenia's 2014 Agricultural Census are also summarized, which collected information on the location, management, and sector of agricultural holdings.
Census Theme 1 – Identification and general characteristicsFAO
This document provides background information and guidelines for collecting data on several items under Theme 1 (Identification and General Characteristics) of the World Programme for the Census of Agriculture 2020. It discusses items such as the identification and location of agricultural holdings, the respondent, legal status and characteristics of the holder, main purpose and economic activities of holdings. Country experiences in collecting these data are also highlighted. The document aims to help countries design their agricultural censuses to obtain essential socioeconomic information on agricultural holdings and holders.
FIRST Policy Assistance Facility: Land Tenure Issues in MyanmarFAO
FIRST Webinar #2 - FIRST Policy Assistance Facility: Land Tenure Issues in Myanmar
This webinar is organized jointly with the European Commission Directorate-General for International Cooperation and Development, in the framework of the FAO-EU Partnership Programme: Food and Nutrition Security Impact, Resilience, Sustainability and Transformation (FIRST).
SPEAKERS:
1.Mr. Paul De Wit, Senior Land Tenure Consultant, FIRST Programme, FAO Representation in Myanmar
2. Ms. Claudia Antonelli, Programme Officer for Rural Development and Food Security, EU Delegation to Myanmar
Find out more about FIRST, FAO-EU Partnership Programme: http://www.fao.org/europeanunion/eu-projects/first/en/
Similar to Ukraine Agriculture: Doing Agricultural Business in Ukraine 2016 (20)
Steuern in der Ukraine 2021 -- DLF RechtsanwaelteChristine Khariv
Allgemeine Information über die Sätze, die Objekte und die Steuer- und Gebührenbemessungsgrundlagen, darunter auch die Besonderheiten der Besteuerung von Nichtresidenten.
Taxes in Ukraine 2021 by DLF law firm in UkraineChristine Khariv
General information on tax rates, objects and bases of taxation in Ukraine, as well as peculiarities of taxation of certain categories of taxpayers, in particular, non-residents.
This brochure deals with general information about tax rates, objects and bases of taxation in Ukraine, as well as peculiarities of taxation of certain categories of taxpayers. Taxation of non-residents is considered in detail. The brochure is written in English.
Steuern in der Ukraine 2019 DLF Rechtsanwaelte UkraineChristine Khariv
In dieser Broschüre wird eine allgemeine Information über die Sätze, die Objekte und die Steuer- und Gebührenbemessungsgrundlagen geboten, darunter auch die Besonderheiten der Besteuerung der einzelnen Steuerzahler. Besonders berücksichtigt werden die Besonderheiten der Besteuerung von Nichtresidenten.
Markteintritt in der Ukraine - DLF Rechtsanwaelte UkraineChristine Khariv
Diese Broschüre in deutscher Sprache ist eine umfassende Publikation, die sich speziell an die Informationsbedürfnisse von kleinen und mittleren Unternehmen richtet. Die Publikation vermittelt wichtiges Orientierungswissen für erste geschäftliche Aktivitäten in der Ukraine.
Renewable Energy in Ukraine 2020 by DLF attorneys-at-law for Lexology Getting...Christine Khariv
The Ukrainian Chapter of the Lexology - Getting the Deal Through Comparative Guide providing overview of the key legislation and regulation affecting the development of renewable energy in Ukraine, as well as trends and expected changes.
Ukraine: Investment Guide by DLF attorneys-at-lawChristine Khariv
A comprehensive guide for foreign investors covering the most commonly referred areas of the Ukrainian law, including foreign investment protection, corporate law, M&A, customs regulations, labour law, real estate, taxes, IP protection, dispute resolution, etc.
New investment horizons for your business: a great opportunity both for the investors from the Gulf countries, and for Ukrainian companies seeking to reach new markets.
Trademark protection in Ukraine | doing business in UkraineChristine Khariv
In this brochure, general guidance on legal protection of trademark in Ukraine is provided, including with regard to the process and requirements for proper registration, possible court actions for protection, fair use conditions, criminal, antimonopoly, and customs aspects of trademark usage.
Ma transactions in Ukraine: antimonopoly aspects by dlf lawyers in ukraineChristine Khariv
A brochure providing a detailed description of the legal basis for the antimonopoly control over economic concentrations in Ukraine. In particular, it deals with the structure and functions of the controlling authorities and principles of their functioning, covering the thresholds required for exercising of such control, liability for breach of antimonopoly law, etc.
Steuern in der Ukraine: doing Business in der Ukraine by DLF attorneys-at-lawChristine Khariv
Steuern in der Ukraine: allgemeine Information über die Sätze, die Objekte und die Steuer- und Gebührenbemessungsgrundlagen geboten, darunter auch die Besonderheiten der Besteuerung der einzelnen Steuerzahler
A comprehensive guide of the tax system of Ukraine for foreign investors. Looking to invest in Ukraine? Here's what you have to know about the tax code of Ukraine.
Agrobusiness in der Ukraine 2016: juristische AspekteChristine Khariv
Die Landwirtschaft ist eine der attraktivsten Bereiche der Wirtschaft der Ukraine. Nach Angaben des Ministeriums für Agrarpolitik und Ernährung der Ukraine liefert die Landwirtschaft 14% des gesamten Bruttoinlandsprodukts der Ukraine. Der Export der Landwirtschaftsproduktion im Jahre 2015 betrug USD 14,6 Mrd., was einem Rekordanteil von
38,2% vom Gesamtexport der Ukraine darstellt. Im vergangenen Jahr wurde ein Betrag von mehr als einer
Milliarde US Dollar in die Landwirtschaft investiert. In der ukrainischen Landwirtschaft sind mehr als 3 Millionen Personen beschäftigt, dies sind über 17% von allen Beschäftigten in der Ukraine.
Corporate Governance : Scope and Legal Frameworkdevaki57
CORPORATE GOVERNANCE
MEANING
Corporate Governance refers to the way in which companies are governed and to what purpose. It identifies who has power and accountability, and who makes decisions. It is, in essence, a toolkit that enables management and the board to deal more effectively with the challenges of running a company.
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee
Presentation slides for a session held on June 4, 2024, at Kyoto University. This presentation is based on the presenter’s recent paper, coauthored with Hwang Lee, Professor, Korea University, with the same title, published in the Journal of Business Administration & Law, Volume 34, No. 2 (April 2024). The paper, written in Korean, is available at <https://shorturl.at/GCWcI>.
Receivership and liquidation Accounts
Being a Paper Presented at Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) on Friday, August 18, 2023.
Genocide in International Criminal Law.pptxMasoudZamani13
Excited to share insights from my recent presentation on genocide! 💡 In light of ongoing debates, it's crucial to delve into the nuances of this grave crime.
सुप्रीम कोर्ट ने यह भी माना था कि मजिस्ट्रेट का यह कर्तव्य है कि वह सुनिश्चित करे कि अधिकारी पीएमएलए के तहत निर्धारित प्रक्रिया के साथ-साथ संवैधानिक सुरक्षा उपायों का भी उचित रूप से पालन करें।
Integrating Advocacy and Legal Tactics to Tackle Online Consumer Complaintsseoglobal20
Our company bridges the gap between registered users and experienced advocates, offering a user-friendly online platform for seamless interaction. This platform empowers users to voice their grievances, particularly regarding online consumer issues. We streamline support by utilizing our team of expert advocates to provide consultancy services and initiate appropriate legal actions.
Our Online Consumer Legal Forum offers comprehensive guidance to individuals and businesses facing consumer complaints. With a dedicated team, round-the-clock support, and efficient complaint management, we are the preferred solution for addressing consumer grievances.
Our intuitive online interface allows individuals to register complaints, seek legal advice, and pursue justice conveniently. Users can submit complaints via mobile devices and send legal notices to companies directly through our portal.
Safeguarding Against Financial Crime: AML Compliance Regulations DemystifiedPROF. PAUL ALLIEU KAMARA
To ensure the integrity of financial systems and combat illicit financial activities, understanding AML (Anti-Money Laundering) compliance regulations is crucial for financial institutions and businesses. AML compliance regulations are designed to prevent money laundering and the financing of terrorist activities by imposing specific requirements on financial institutions, including customer due diligence, monitoring, and reporting of suspicious activities (GitHub Docs).
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdfSunsetWestLegalGroup
The immediate step is an intelligent choice; don’t procrastinate. In the aftermath of the crash, taking care of yourself and taking quick steps can help you protect yourself from significant injuries. Make sure that you have collected the essential data and information.
2. 2
INTRODUCTION
Agriculture is one of the most attractive sectors of the Ukrainian economy.
According to the Ministry of Agrarian Policy and Food of Ukraine, agriculture
provides 14% of the total GDP of Ukraine. Exports of agricultural sector in
2015 amounted to USD 14.6 billion, representing the unprecedented 38.2%
of Ukraine’s total exports. Last year the agricultural sector attracted over
one billion USD of investment. There are over 3 million people employed
in agricultural industry, which constitutes more than 17% of all employed
persons in Ukraine.
Given the importance of this sector to the state, there were significant changes
in legislation regulating economic activity in the agricultural industry in 2015.
The primary objective of these changes was to simplify doing business in the
agricultural sector.
In particular, more than twenty licensing procedures were cancelled and some
other mandatory licenses and permits were revised in agriculture (including
in the areas of veterinary, agro-chemicals, livestock, food products, fisheries,
use of natural resources), powers of certain state authorities were limited,
risks of corruption were reduced, simplification of registration procedures
for water use, as well as turnover of fertilizers and plant protection products
were implemented, etc.
In this brochure, we provide an overview of the legal regulations applicable to
agribusiness, including legislative framework for sale and purchase and lease
of agricultural land, various aspects of employment relations and taxation
regime, etc. Our publication will be helpful for potential agriculture investors,
agriculture-oriented producing and processing enterprises and other persons
interested in the Ukrainian agriculture sector.
Truly yours,
DLF attorneys-at-law
February 2016
DLF attorneys-at-law
Torus Business Centre | 17 d Hlybochytska Street | 04050 Kyiv, Ukraine | www.DLF.ua | info@DLF.ua | T +380 44 384 24 54
3. 3
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
TABLE OF CONTENTS
1. SALE AND PURCHASE OF AGRICULTURAL LAND.........................................4
1.1. Agricultural lands.................................................................................................... 4
1.2. Transfer of agricultural land................................................................................... 4
1.3. Moratorium on sale of agricultural land................................................................ 5
2. Lease of land..........................................................................................6
2.1. Agreement on lease of land...................................................................................6
2.2. Essential terms of the agreement on lease of land.............................................. 6
2.3. Duration of the lease agreement........................................................................... 7
2.4. Rent.........................................................................................................................7
2.5. Rights and obligations of the parties.....................................................................7
2.6. Termination of agreement...................................................................................... 7
3. Employment relations...........................................................................9
3.1. Employment agreement......................................................................................... 9
3.2. Employee probation..............................................................................................10
3.3. Termination of employment agreement..............................................................10
3.4. Employment of foreigners....................................................................................12
3.5. Residence permit..................................................................................................13
3.6. Leave.....................................................................................................................13
3.7. Minimum wage.....................................................................................................14
4. Taxation in agriculture......................................................................15
4.1. Terms for single tax application...........................................................................15
4.2. Object and tax base...............................................................................................16
4.3. Single tax rates.....................................................................................................16
4.4. Reporting period and procedure for payment of single tax................................16
4.5. Procedure for registration as a single taxpayer..................................................16
4.6. Peculiarities of VAT...............................................................................................17
4.7. Transfer pricing.....................................................................................................17
5. Protection of foreign investment.....................................................18
5.1. International agreements.....................................................................................18
5.2. Safeguards of Ukrainian legislation.....................................................................18
5.3. Safeguards against change of legislation............................................................18
5.4. Safeguards against confiscation and illegal
actions of state authorities and their officials.....................................................19
5.5. Compensation and reimbursement of losses to foreign investors....................19
5.6. Safeguards in case of termination of investment activity...................................19
5.7. Guarantees of transfer of profits, revenues and other funds
received as a result of foreign investment...........................................................19
4. 4
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
1. Sale and purchase of agricultural land
1.1.Agriculturallands_______________________________________
Agriculturallandsarelandsavailableforagriculturalproduction,implementationofagricultural
research and training activities, placing of relevant production infrastructure, including
infrastructure of wholesale markets for agricultural products, or designed for such purposes.
Agricultural lands comprise of:
a) agricultural areas (arable lands, perennial plants, hayfields, pastures and fallows);
b) non-agricultural areas (farm roads and trails, shelter belts and other protective
plantings, except those classified as land for forestry purposes, land under farm
buildings and yards, land under the infrastructure of wholesale markets for
agricultural products, temporary land conservation, etc.).
The state recognizes the priority of agricultural land. Land suitable for agriculture must be
available primarily for agricultural use.
1.2. Transfer of agricultural land______________________________
Agricultural land is transferred into ownership or for use to:
a) citizens - for individual farming, gardening, mowing and grazing, agricultural
commodity production;
b) agricultural enterprises - for agricultural commodity production;
c) agricultural research institutions and educational establishments, rural vocational
schools and secondary schools - for research and educational purposes, propagation
of the best practices in agriculture;
d) non-agricultural enterprises, institutions and organizations, religious organizations
and associations of citizens - for subsidiary farming;
e) the wholesale markets for agricultural products - for accommodation of their own
infrastructure.
Agricultural land shall not be transferred into ownership to foreigners, stateless persons,
foreign legal entities and foreign states.
5. 5
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
Foreigners and stateless persons may acquire ownership of non-agricultural land plots within
settlements, as well as non-agricultural land plots outside settlements, on which immovable
property owned by them is located in case of:
a) acquisition by way of sale and purchase agreement, lease, gift, barter, or other
agreements;
b) purchase of land plots, on which their own immovable property is located;
c) inheritance.
However, agricultural land inherited by foreigners and stateless persons is subject to alienation
within one year from the time of inheritance.
1.3. Moratorium on sale of agricultural land_____________________
ThemoratoriumonsaleofagriculturallandinUkrainehasbeenintroducedin2002.InNovember
2015 the effect of the moratorium was prolonged until 1 January 2017.
The law stipulates that until the law regulating turnover of agricultural land comes into force,
but in any event not earlier than 1 January 2017, it is prohibited to:
• sell state-owned and municipal land plots designated for agricultural use, except
for the withdrawal (buy-out) of such land plots for public needs;
• sell and purchase or otherwise alienate agricultural land plots or change the
designation of agricultural land plots owned by individuals or legal entities for
agricultural commodity production, for individual farming, except for inheritance,
for barter one land plot to another and for withdrawal (buy-out) of such land plots
for public needs, and other than changing the designation of land for the purpose
of providing to investors-participants of the production sharing agreements for
activities under such agreements.
Any agreements (including powers of attorney) concluded under the effective prohibition in the
part of sale, purchase or other alienation of agricultural land plots and similarly in the part of
transfer of the rights for future alienation of these land plots shall be null and void from the
time of conclusion thereof.
It should be noted that the said prohibition shall not apply to land plots, which at the time of
their transfer into private ownership were designated other than “for agricultural commodity
production”. In particular, such designations include for subsidiary farming, for gardening, for
mowingandgrazing,forresearchandeducationalpurposes,forpropagationofthebestpractices
in agriculture, for accommodation of infrastructure of wholesale markets for agricultural
products, for other agricultural purposes. There are no restrictions on sale or purchase or
other alienation of the abovementioned land plots and changes into their designation.
6. 6
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
2. Lease of land
2.1. Agreement on lease of land______________________________
The right to lease a land plot is formalized by way of execution of the agreement on lease of land.
The agreement on lease of land is executed in writing and at the request of one party may
be certified by a notary. The Model Land Lease Agreement was adopted by the Cabinet of
Ministers of Ukraine. The right to lease a land plot is subject to state registration.
The citizens are entitled to lease land plots designated for individual farming to legal entities of
Ukraine. Legal entities may use such land plots for agricultural commodity production, as well
as farming without change of designation of a land plot.
2.2. Essential terms of the agreement on lease of land___________
The essential terms of the agreement on lease of land are:
• object of lease (cadastre number, location and size of a land plot);
• duration of the lease agreement;
• rent payment with specification of its amount, indexation, methods and conditions
of payment, terms, procedure for payment of rent and its revision, as well as
liability for failure to pay.
The parties may agree to include any other terms and conditions.
We note that until February 2015 the agreement on lease of land had to contain eleven
mandatory terms and five additions (plan or scheme of a land plot, act on determining the
boundaries of the land in kind, act on acceptance and transfer of the object of lease, etc.).
Absence of only one of the essential terms or additions of the agreement on lease of land
could be the ground for refusal for its registration or serve as a basis for declaring it as void.
However, despite changes in legislation, the Model Land Lease Agreement still contains old
extended list of essential terms. Therefore, until the Model Land Lease Agreement is amended
in line with the current legislation, we recommend specifying all essential terms as provided by
the Model Land Lease Agreement.
If the agreement on lease of land provides for measures on improvement and safety of the
object of the lease agreement, the agreement on reimbursement of expenses incurred by the
lessee shall be attached.
7. 7
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
2.3. Duration of the lease agreement__________________________
Duration of the agreement on lease of land is determined by the parties, but shall not exceed
50 years.
For lease of agricultural land for agricultural commodity production, individual or subsidiary
farming, duration of the agreement on lease of land shall not be less than 7 years.
2.4. Rent_________________________________________________
Amount, conditions and terms for payment of rent for lease of land shall be established by
the parties (except for terms of payment of rent for lease of land plots of state and municipal
ownership, which is established by the Tax Code of Ukraine).
The rent is paid in monetary form. Settlements of lease payments may be carried out in kind
upon agreement of the parties, which shall correspond to the monetary equivalent of market
value of goods as of the date of payment of rent. Rent for lease of state and municipal land
plots is paid exclusively in monetary form.
2.5. Rights and obligations of the parties________________________
The risk of accidental destruction or damage of the object of lease lies with the lessor, unless
otherwise provided by the agreement on lease of land.
The lessor is entitled to demand from the lessee, inter alia, to use the land plot according to its
designated purpose, to comply with the ecological safety of land use and preservation of soil
fertility, government standards, rules and regulations, water protection zones, coastal strips,
sanitary protection zones, buffer zones, zones of special regime of land use and areas, which
are especially protected.
The lessee, inter alia, is entitled to independently farm his/her land under the conditions of the
lease of land; build residential, industrial, cultural and other buildings and structures and lay
the plantations upon the lessor’s written consent.
Pursuant to Ukrainian legislation, the lessee is provided with protection of his/her rights to the
leased land on par with the protection of the rights of ownership of the land. In particular, the
lessee is entitled to demand the leased land from any illegal possession and use, removing of
any barriers to use, reimbursement of damages caused to land by third parties.
2.6.Terminationofagreement________________________________
The agreement on lease of land is terminated on the following grounds:
• expiration of the term of agreement;
• purchase of the land plot for public purposes or alienation of the land plot for the
reasons of public necessity pursuant to the law;
8. 8
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
• combination of lessor and lessee in one person;
• death of the lessee, his/her conviction to imprisonment or his/her refusal to
implement the agreement on lease of land;
• liquidation of the legal entity which is the lessee;
• selling the right of lease by the mortgagee;
• obtainment of ownership of a house or building located on the land plot leased by
the other person.
9. 9
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
3. Employment relations
The Labour Code of Ukraine is the main document which regulates employment relations in
Ukraine. It was adopted in 1971 and does not meet the basic principles of a market economy.
In addition, protection of rights of employees is the core leitmotif of this code: the grounds
for dismissal of the employee are limited, whereas the employee benefits from a significant
number of social guarantees. During the last decade the adoption of a new Labour Code that
would meet the realities of today’s labour market has been actively discussed in Ukraine. As of
February 2016, the draft of the new Labour Code was preliminary approved by the parliament.
3.1. Employment agreement_________________________________
Employmentagreementisthebasisfortheemploymentrelationships.Employmentagreement
shall include the following terms and conditions:
• place of work, including separate unit or branch;
• labour function of the employee;
• start date of employment;
• conditions relating to wages, bonuses or allowances;
• working conditions;
• work time and holiday time;
• guarantees and compensation for work in hazardous or dangerous conditions.
The special form of the employment agreement is the employment contract in which its
validity period, rights, liabilities and responsibilities of the parties (including material ones),
conditions of material security and organization of employee’s work, conditions of termination
of the contract, including cases of early termination, may be determined as agreed upon by
the parties. Scope of the contract is specified by the laws of Ukraine. Thus, in particular, the
employment contract might be executed with the director of the entity.
The employment agreement is usually made in writing and may be:
1) termless that is entered into for indefinite period of time;
2) entered into for definite period of time as agreed upon by the parties;
3) entered into for the period of performance of certain work.
10. 10
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
Termed employment agreement shall be entered into in cases when labour relations may not
be established for indefinite period of time due to the nature of subsequent work, or conditions
of its performance, or employee’s interests, and in other cases prescribed by legislative acts.
Inaddition,thespecialtypeoftermedemploymentagreement,namelytheseasonalemployment
agreement, might be used in agriculture. Seasonal works are such works, which due to natural
and climate conditions cannot be performed during the whole year, but only within the certain
period (season), which lasts for less than six months. In agriculture such works include: works
in vegetable production, horticulture, viticulture, sugar beet production, works in growing and
harvesting potatoes, tobacco, feed, cucurbitaceous crops, medicinal herbs, as well as works at
poultry incubator stations and inter-farm poultry incubator stations. Any works, which are not
specified above, are not deemed to be seasonal, even if such works last for less than six months.
One of the special features of the seasonal employment agreement is that the employees
involved in the seasonal works are entitled to terminate the seasonal employment agreement
upon a written notification to the employer within three days prior to the intended date of
termination (not within two weeks, as for other types of employment agreements).
3.2. Employee probation_____________________________________
When entering into the employment agreement, the parties may agree upon probation with
the purpose of verification of relevance of the employee to the job entrusted thereto. Probation
shall not be established in case of employment of: persons under eighteen years old; young
employees upon graduation from vocational schools; young specialists upon graduation from
higher educational institutions; persons retired from military or alternative (non-military)
service; disabled persons directed to work according to recommendations of medical and
social expert examination. Probation shall not be established also in case of employment in
other locality and in case of transfer to work at other enterprise, in institution or organization,
as well as in other cases as prescribed by legislation. In addition, the employees under the
seasonal employment agreement shall not be subject to probation.
Unless otherwise established by legislation of Ukraine, the probation period may not exceed
three months, and in certain cases, as agreed upon with respective elective body of primary
trade union organization, six months.
Probation period at employment of workers shall not exceed one month.
3.3.Terminationofemploymentagreement_____________________
The Labour Code specifies the non-exhaustive list of grounds for termination of employment
agreement. The list is as follows:
1) agreement of the parties;
2) expiration of validity period, except for the cases when labour relations are actually
continuing, and neither party demands termination thereof;
3) call or entry of the employee to military service, appointment to alternative (non-
military) service, except for cases when employment is preserved for the employee;
11. 11
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
4) termination of the employment agreement on the initiative of the employee, on the
initiative of the owner or body authorized by him/her, or at the request of trade union
or other representative body;
5) transfer of the employee by his/her consent to another enterprise, institution or
organization, or transfer to the elective office;
6) refusal of the employee to transfer to another job in other locality together with
enterprise, institution or organization, as well as refusal to continue working in
connection with changes in essential working conditions;
7) entry of court judgment into legal force condemning the employee (except for the
cases of indemnification from servicing punishment with probation) to imprisonment
or to other punishment, which excludes possibility to continue this work;
8) grounds prescribed by the employment contract.
Employmentagreemententeredintoforindefiniteperiodoftime,aswellastermedemployment
agreement prior to expiration of its validity period may be terminated by the owner or body
authorized by him/her only in the following cases:
1) changes in production and labour organization, including liquidation, reorganization,
bankruptcy or conversion of enterprise, institution, organization, reduction of
number or staff of employees;
2) revealed inconsistency of the employee with job or with work performed as the result
of insufficient qualification or state of health, which prevent continuing this work, as
well as in case of cancellation of access to state secret, if fulfilment of obligations
imposed on him/her requires an access to state secret;
3) systematic failure of the employee without good reasons to fulfil obligations
imposed on him/her under labour contract or internal regulations, if disciplinary or
civil sanctions have been previously applied thereto;
4) absence from work (including absence from work for over three hours during the
working day) without good reasons;
5) absence from work within more than four successive months as the result of
temporary disability, except for maternity leave, unless longer period of workplace
(office) preservation at particular disease is established by legislation. Employees,
who lost capability in connection with labour injury or occupational disease, shall
retain their workplace (office) until rehabilitation or establishment of disability;
6) reinstatement of the employee, who had been previously performing this work;
7) showing up for work intoxicated with alcohol, narcotics or other toxic substances;
8) on-the-job embezzlement (including petty one) of owner’s property established by a
court judgment that became effective, or by resolution of the body, which competence
includes imposing administrative sanctions or taking measures of social influence;
9) call of the individual employer to military service or his/her mobilization during the
special period.
12. 12
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
Also, one should remember that in certain cases in order to terminate the employment
agreement on the initiative of the owner or body authorized by him/her, it is necessary to obtain
previous consent of the elective body (trade union representative), if there is such at the entity.
3.4. Employment of foreigners________________________________
The Constitution of Ukraine provides that foreigners that legally stay in Ukraine have the same
volume of rights and freedoms and bear the same responsibilities as the citizens of Ukraine.
This provision is also applicable to the employment activities of foreigners.
The employers in Ukraine are entitled to employ a foreigner provided that the State Employment
Service of Ukraine has issued a work permit for employment of a particular foreigner. The law
provides that a work permit shall be issued, if one of the following conditions is applicable:
• there are no qualified Ukrainian employees or the necessity of a foreigner’s
employment is duly substantiated;
• a foreigner seconded by a foreign business entity to Ukraine under agreements
between a Ukrainian and foreign business entity (the number of foreigners hired
shall not exceed half of the total number of employees of respective Ukrainian
business entity);
• a foreigner has been seconded to Ukraine as intra-corporate transferee;
• a foreigner has applied for the refugee status.
A Ukrainian employer shall notify the State Employment Service on available vacant positions
not later than 15 days prior to submission of documents for acquiring of a work permit.
This is due to the fact that the preference in employment is given to Ukrainian citizens, who
are qualified and able to perform such type of work. Then a set of documents is submitted,
including copies of education and qualification documents of the foreigner, a sealed and signed
certificate certifying that the position offered to the foreigner does not require the employee
to be a Ukrainian citizen and does not require the provision of access to state secrets, a non-
conviction certificate issued in Ukraine or home country supplemented with an apostille stamp
and certified translation into Ukrainian, if issued abroad, along with some other documents.
Moreover, in relation to certain categories of foreigners, whose employment is considered to be
duly substantiated, an expedient procedure is established for consideration of their application.
In particular, such expedient procedure applies to:
• foreigners applying for positions of managers in entities, institutions or
organizations wherein such foreigners possess shareholding or are founders or co-
founders;
• foreigners applying for positions of managers or IT-specialists in an entity in the
software development area;
13. 13
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
• foreigners applying for positions wherein the main tasks are creating the objects
of copyright and/or related intellectual property rights;
• foreigners holding a higher education diploma from an educational institution
within one of Top 100 higher education institutions listed in the Times Higher
Education, Academic Ranking of World Universities by the Center for World-Class
Universities at Shanghai Jiao Tong University, QS World University Rankings by
Faculty, Webometrics Ranking of World Universities as of the current year, the last
or the year before the last.
The submitted documents are considered by the State Employment Service within seven
business days following receipt of all required documents.
The fee for submission of application for work permit is established in the amount of four
minimum wages (one minimum wage amounts to UAH 1378.00 or approx. USD 55.00-60.00
as of February 2016).
The work permit is usually issued for a term of validity of the employment contract, but not
more than one year, and may be prolonged for unlimited number of times for the same period.
3.5. Residence permit_______________________________________
The right to legally stay in Ukraine is certified by the residence permit. There are two types of
Ukrainian residence permit: a temporary residence permit, which allows staying in Ukraine for
up to a year, and a permanent residence permit, which allows staying in Ukraine for indefinite
period. Both temporary and permanent residence permits are issued by the State Immigration
Service of Ukraine.
Application for a temporary residence permit requires a set of standard documents along with
documents, which confirm the purpose of stay in Ukraine, i.e. for work (a work permit), for
studies (a document confirming enrolment in Ukrainian university), for a family reunification (a
document confirming marriage to a citizen of Ukraine), etc.
The application for obtaining a temporary residence permit is considered within 15 business
days following receipt of all required documents.
Application for a permanent residence permit also requires submission of the immigration
permit. The latter is obtained from the State Immigration Service of Ukraine within the quota
established by the Cabinet of Ministers or out of quota in certain cases. The State Immigration
Service of Ukraine considers application for the immigration permit within one year following
receipt of all required documents.
3.6.Leave_________________________________________________
Annual basic leave shall be given to employees for the period of at least 24 calendar days
per calendar year worked to be calculated from the date of entering into the employment
agreement.
14. 14
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
On the ground of medical opinion, women shall be granted a paid maternity leave for 70
calendar days prior to childbirth and 56 calendar days (70 calendar days in case of birth of two
and more children and in case of birth difficulty) as from the day of birth.
Maternity leave period shall be calculated as aggregate and constitute 126 calendar days (140
calendar days in case of birth of two and more children and in case of birth difficulty). It shall be
granted to women in full irrespective of number of days actually used prior to birth.
3.7. Minimum wage________________________________________
Minimum wage is the statutory amount of salary for a simple, unskilled labour performed on a
monthly basis, and the hourly labour rate (amount of work). As of February 2016 the minimum
wage in Ukraine is UAH 1378.00 (approximately USD 55.00-60.00). The amount of minimum
wage is established in the state budget of Ukraine for the respective year.
The wage is subject to indexation pursuant to legislation. Wage is regularly paid to employees
during business days within terms specified in collective agreement or regulation act of
employer, but not less than twice per month after time interval that does not exceed 16 calendar
days and not later than seven days after the expiration of period, during which the payment is made.
15. 15
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
4. Taxation in agriculture
The main provisions of the Ukrainian legislation governing taxation in agriculture are embodied
in the Tax Code of Ukraine, which regulates the special tax regime in the agricultural sector.
Ukraine’s tax law provides certain tax benefits for agricultural producers.
4.1. Terms for single tax application___________________________
Agricultural producers, subject to certain conditions, may become taxpayers of a single tax of
the fourth group.
Thus, legal persons have the right to choose the fourth group of the single tax provided that
their share of agricultural commodity production in the previous year amounted to at least
75%. This is applicable to:
1) all persons separately, which carry out merger or accession. In this case, it is possible
to become a single tax payer in the year of creation, if share of agricultural commodity
production obtained for the previous tax year by all commodity producers involved in
their creation equals to or exceeds 75%;
2) each individual person created by split-up or spin-off. In this case, it is possible to
become a single tax payer from the next year, if share of agricultural commodity
production obtained for the previous tax year equals to or exceeds 75%;
3) person created by transformation. In this case, it is possible to become a single tax
payer in the year of transformation, if share of agricultural commodity production
obtained for the previous tax year equals to or exceeds 75%.
Newly created agricultural commodity producers may be single tax payers from the next year,
if share of agricultural commodity production obtained for the previous tax year equals to or
exceeds 75%.
The other condition for application for single tax of the fourth group is the use of own or leased
agricultural land.
In addition, there are three restrictions due to which legal entities may not become single tax
payers, namely:
• 50% of overall income comes from selling ornamental plants, wild animals and
birds, fur products and fur (with some exemptions);
• production of excisable goods, except for the sale of wine-making materials by
companies engaged in primary wine-making, takes place;
• there is tax indebtedness as of 1 January of the reporting year, except for bad tax
indebtedness, which arose in the result of force majeure.
16. 16
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
4.2. Object and tax base_____________________________________
The object of taxation for single tax payers of the fourth group is the area of farmland (arable
land, hayfields, pastures and perennial plantations) or lands of water fund (inland waters,
lakes, ponds, reservoirs), which is owned or leased by the agricultural producer.
Ownership/lease rights to land plots shall be duly registered in accordance with the law.
The tax base for single tax payers of the fourth group for the agricultural producers is the
regulatory monetary value of one hectare of agricultural land subject to indexation.
4.3.Singletaxrates_________________________________________
For single tax payers of the fourth group the rates depend on the category of land, its location
and amounts to (in per cent of the tax base):
• for arable land, hayfields and pastures – 0.81;
• for arable land, hayfields and pastures located in mountainous areas and marshy
woodland areas – 0.49;
• for perennial plantations – 0.49;
• for perennial plantations located in mountainous areas and marshy woodland
areas – 0.16;
• for lands of water fund – 2.43;
• for arable land, hayfields and pastures on closed soil – 5.4.
4.4.Reportingperiodandprocedureforpaymentofsingletax_______
The reporting period for agricultural producers is a calendar year. The single tax is paid in
each quarter within 30 calendar days following the last calendar day of the tax quarter in the
following amounts:
• in I quarter – 10%;
• in II quarter – 10%;
• in III quarter – 50%;
• in IV quarter – 30%.
4.5.Procedureforregistrationasasingletaxpayer________________
Pursuant to tax legislation of Ukraine, registration as a single tax payer is for indefinite time.
However, agricultural producers need to confirm their status annually. In order to confirm the
17. 17
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
status of a single tax payer of the fourth group, the agricultural producer shall submit a number
of reporting documents on the activities in the previous year before 20 February of the current
year.
4.6. Peculiarities of VAT_____________________________________
Any company operating in the field of agriculture, forestry or fishery may choose a special VAT
regime.
However,itshouldbenotedthatthespecialVATregimeisvalidonlyin2016.Startingfrom1January
2017 it will be fully abolished.
VAT taxation is carried out in the following formats:
a) under transactions with agricultural goods/services (except for grain and industrial
crops, as well as livestock transactions), 50% of VAT shall be paid to the state budget
and 50% of VAT shall be credited to the special VAT account of the agricultural
producer;
b) under transactions with grain and industrial crops, 85% of VAT shall be paid to the
state budget and 15% of VAT shall be credited to the special VAT account of the
agricultural producer;
c) under transactions with livestock, 20% of VAT shall be paid to the state budget and
80% of VAT shall be credited to the special VAT account of the agricultural producer.
As of 1 February 2016, there are two open registers for budget refund of VAT. One register
is for the applicants for automatic refund of VAT, the other is for all other applicants. The
automatic VAT refund is applied if the share of export transactions in the commercial activity of
the company is more than 40%.
However, in order to qualify for the special VAT regime, the principal activity of the company
shall be supply of agricultural goods or/and services produced at its own or leased facilities,
and the share of agricultural goods and/or services shall make up to at least 75% of the total
value of all goods and/or services supplied during 12 preceding consecutive reporting periods
(months) in aggregate.
4.7. Transfer pricing________________________________________
Transfer pricing is applied to controlled transactions, provided that the total annual income of
the taxpayer and/or its related parties exceeds UAH 20 million (approximately USD 830,000.00)
(excluding VAT), while the volume of transactions of the taxpayer and/or its related parties with
each counterparty exceeds UAH 1 million (approximately USD 41,500.00) (excluding VAT) or
3% of the taxpayer’s income for the relevant tax year.
The transaction is deemed to be controlled, if it is: (1) with related non-residents; (2) on the
sale of goods through the non-resident commission agents; and (3) with non-residents from
offshore jurisdictions. Taxation of controlled transactions is carried out exclusively under the
pricing methods prescribed in the tax legislation of Ukraine.
18. 18
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
5. Protection of foreign investment
5.1. International agreements________________________________
One of the means for protection of foreign investment is the conclusion of international
agreements on promotion and protection of investment. Thus, following ratification of the
Convention on the Settlement of Investment Disputes between States and Nationals of Other
Convention by Ukraine in 2000, the signatories to the convention have the opportunity to
address the matters in relation to protection of their investments to the International Centre
for Settlement of Investment Disputes.
At the International Centre for Settlement of Investment Disputes the investors shall benefit
from protection of their rights due to the confiscation of their property, unequal attitude towards
national and foreign investors.
International agreements on promotion and protection of investments were signed with
a number of countries, including Germany, the United Kingdom, France, Switzerland, the
Netherlands, Denmark, Poland, Turkey, China, Japan, the United States of America, Canada
and many countries in the Middle East.
Terms of the bilateral agreements on promotion and protection of investments are not
standardized and may vary significantly.
5.2. Safeguards of Ukrainian legislation________________________
Generally, protection of foreign investment in Ukraine is regulated by the Law of Ukraine “On
Foreign Investment” and the Law of Ukraine “On Protection of Foreign Investments”. These
regulatory acts define basic safeguards concerning protection of foreign investments in
Ukraine.
5.3. Safeguards against change of legislation___________________
The principle of guaranteeing the protection of foreign investments in case of changes of
Ukrainianlegislationstipulatesthatintheeventofchangeofguaranteesinrelationtoprotection
of foreign investment, the state guarantees effective at the time of investment would apply,
upon request of a foreign investor, within ten years from the date of enactment of such changes
to legislation.
19. 19
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
5.4. Safeguards against confiscation and illegal actions of state
authoritiesandtheirofficials______________________________
This principle stipulates that the state authorities of Ukraine are not entitled to requisite foreign
investments, except for emergency measures in the event of natural disasters, accidents,
epidemics, epizootics. Such requisition might be made on the basis of decisions of state
authorities authorized by the Cabinet of Ministers of Ukraine.
Decisions on requisition of foreign investments and compensation conditions can be appealed
in court.
5.5. Compensation and reimbursement of losses to foreign investors
Foreign investors are entitled to reimbursement of losses, including lost profits and moral
damage caused to them due to actions, omissions or improper performance of duties by the
state authorities of Ukraine or their officials towards a foreign investor or enterprise with
foreign investments, according to the legislation of Ukraine.
All expenses and losses incurred by foreign investors as a result of such actions should be
reimbursed on the basis of current market prices or substantiated estimates confirmed by the
audit firm. Compensation payable to foreign investor should be prompt, adequate and effective.
5.6. Safeguards in case of termination of investment activity______
In case of termination of investment activities, a foreign investor has the right to return not later
than six months following termination of such activities their investments in kind or in currency
of investment in the amount of actual contribution, without payment of customs duties, as well
as revenues out of such investments, in monetary or goods form at a real market value at the
date of termination of the investment activities.
5.7. Guarantees of transfer of profits, revenues and other funds
receivedasaresultofforeigninvestment____________________
Following payment of taxes, duties and other mandatory payments, the foreign investors are
guaranteed unhindered and immediate transfer of their revenues, profits and other sums in
foreign currency obtained legally as a result of foreign investment.
20. 20
DLF attorneys-at-law
DOING AGRICULTURAL BUSINESS IN UKRAINE: LEGAL ASPECTS
Igor Dykunskyy, LL.M.
Partner
igor.dykunskyy@DLF.ua
Andriy Navrotskiy, LL.M.
Partner
andriy.navrotskiy@DLF.ua
Andrii Zharikov, LL.M.
Associate
andrii.zharikov@DLF.ua
Dmitriy Sykaluk
Associate
dmitriy.sykaluk@DLF.ua
Igor Dronov
Associate
igor.dronov@DLF.ua
Sale and purchase of agricultural companies
Supply and leasing in agriculture
Merger clearance and unfair competition in agriculture
Lease, sale and purchase of land
Project finance in agriculture
Employment in agriculture
Tax structuring for agricultural companies
Dispute resolution in agriculture
Permits in agriculture
Export and import of agricultural products
Contacts