Parliament adopts the Bill on privatization of public property
18 Jan 2018
On 18 January 2018, the Parliament adopted the Bill on the Privatization of Public Property. The law aims to make the privatization process more transparent and faster for investors. For example, the law establishes a time period of 12 months for the privatization of large facilities and 5 months for small ones. If an enterprise's assets in the previous year exceeded UAH 250 million, it falls in the category of 'large privatization' and will be sold with the assistance of an adviser, everything that is less is considered as a 'small privatization', which will take place exclusively on electronic platforms.
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Entry and establishment (Ownership and control)
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