18 August 2011

Simplification of employment regime for Foreigners of Ukrainian origin

News just in from PWC

Simplification of employment regime for Foreigners of Ukrainian origin

Parliament have introduced a Law that will simplify (if adopted) the employment regime of foreigners of Ukrainian origin (i.e., the Law will allow foreigners of Ukrainian origin to be effectively employed in Ukraine without work permits).

Considering that a work permit is required foreign nationals to apply for a temporary residence permit, if the Law is enacted it will need to be clarified whether foreigners of Ukrainian origin will be able to obtain a temporary residence permit or its equivalent without a work permit. Currently the principal benefit for foreigners of Ukrainian origin is a multi-entry private visa for 5 years.

Now that is a good move. Lets hope it works to attract more people into helping Ukraine develop further.

17 August 2011

Ukraine President will publishing book in English

President Yanukovych has announced that he will publish a book on the 20th anniversary of Ukraine independence day. The book 'Ukraine - land of opportunities' will be first published in English.

"Many even hardly realize that our country is probably one of the best places for investment in the modern world. As the president, I wanted to deliver this truth about it to as many Europeans, Americans and Canadians as possible. To all those business and energetic people who are looking for new markets to invest their business ideas, initiatives and enterprises. And naturally, their finances," the president said.

The book is released in English. Very soon it will also be published in German, Ukrainian and Russian, Yanukovych said.

15 August 2011

A 25 Year Old Judge?

We always try to focus on business, but its difficult these days to avoid commenting on some of the information that arrives in the inbox.

The case against Yevhen Korniychuk

Everyone is focusing on the trial of Yulia Tymoshenko. But there are others who are being investigated.

Yevhen Korniychuk is a lawyer by profession, specialising in international finance and business law. He was elected to Parliament and became in 2006 chairman of the Ukrainian Social Democratic Party, following his father in law Vasyl Onopenko, a judge by profession who was elected president of the Ukrainian Supreme Court. From 2007 -2010 he was First Deputy Minister of Justice in the Yulia Timoshenko government.

He is charged with violation of art. 365, paragraph 3, of the Ukrainian Criminal Code (excess of authority or official powers that caused grave consequences) for in his capacity of First Deputy Minister of Justice having issued a legal opinion or law interpretation about the possible use of a single-source public procurement procedure. It concerned the procurement by the National Joint Venture Company “Naftogaz” of legal assistance to be provided by the legal firm Magisters, at which Mr. Korniychuk used to be a senior partner, however at that time had no longer financial or business contact. The formal permission to use this procedure was given by the Ministry of Economy and the contract was signed by Naftogaz. He is also charged with having violated Article 366, paragraph 2 (forgery in office that caused grave consequences) as the mentioned document was not properly filed in the Ministry of Justice. His actions are claimed to have brought losses to the state as other legal firms could have supplied the legal assistance at a lower cost.

Here is the rub. The judge dealing with his case is a 25 year old woman.

A 25 year old judge is dealing with one of the most important ‘political’ cases in Ukraine.

Forgive me but I doubt if a 25 year old has enough training and legal background to deal with a case like this. If fact I'm not aware of any other 25 year old judges in 'civilised countries'

How on earth can other countries be expected to take Ukraine seriously?


14 August 2011

British Golf Day 10th September 2011


British Business Club in Ukraine


Invites you to the British Golf Day

OPEN FOR PLAYERS AND BEGINNERS

Saturday 10 September 2011


Two great competitions - 18 Hole BBCU Golf Day Championship &
The BBCU Academy Course Championship

For players and non-players


Enjoy a great day out. Last year we attracted over 120 players


Entry Fees:

Academy Non Players Competition - EUR 25

18 Hole Players Competition - EUR 45

Please order your tickets:

Tel: 0675271155

Email: eurogate@gmail.com

Tickets must be purchased in advance from the BBCU

GREAT OPPORTUNITY FOR NON PLAYERS AND PLAYERS








11 August 2011

What next for London and Kyiv

Having just returned from a two week holiday, we witness surprises both in London and Kyiv.

In Kyiv, former Prime Minister Yulia Tyoshenko was arrested on 5th August and taken into custody. Her so called ‘trial’ continues in Kyiv as each day more and more countries express their concern about the ‘political persecution’ of Yulia Tymoshenko and requests/statements continue to be made to the President of Ukraine to stop the ‘circus’ of events and actions that demonstrate that the current government is taking against members of the former government and opposition in Ukraine.

The number of policemen and ‘special forces’ involved in the Yulia Tymoshenko court case is just amazing. The whole process is not good for the image of Ukraine. Plus it is not good for potential investors who may previously have been considering Ukraine.

In London, we see reports of riots and unrest, not just in London but in other major cities in the UK. The riots involving widespread looting of shops and business premises are being carried out by what we can only describe as ‘opportunists’. They are just gangs of criminals doing things that many people find amazing on the streets on the UK. In most other countries, Ukraine included, these ‘rioters’ would have been dealt with in a very strong way by law enforcement agencies. It would appear that the British police have become too soft on crime. These events have been reported around the world and the once great image of the ‘British establishment’ has been dented. The British Prime Minister David Cameron has recalled parliament for tomorrow to discuss and agree a course of action to regain control of British cities.

So, both Ukraine and the UK are suffering from an image problem right now. Both relate to the ‘Rule of Law’. Many commentators will claim that the UK is one of the best countries in the world when it comes to implementation of the ‘rule of law’. The British have a strong reputation for justice.

Other commentators will relate to Ukraine and its almost complete lack of the ‘rule of law’. However the Ukrainian police/militia would have cracked down with great force on any ‘rioters’ like we have seen in London. The British it would appear are not so good at dealing with rioters, but would have ensured that Yulia Tymoshenko would have a fair trial under the great British legal system.

What we need then, is for the Ukrainian police to control the streets of London and the famous independent judges and prosecutors from the UK to sort out the trial of Yulia Tymoshenko. Unfortunately we do not live in a perfect world.

26 July 2011

The BBCU is on holiday

We are on holiday until Monday 8th August 2011

21 July 2011

BBCU Golf is back in Kyiv



British Business Club in Ukraine


Invites you to play golf at Royal Kyiv Golf Club

OPEN EVERYDAY FOR PLAYERS AND BEGINNERS

Starting Saturday 23 July 2011


SPECIAL REDUCED PRICES AVIALABLE ONLY THROUGH THE BBCU

For players and non-players


Enjoy a family day out. Non-Players are welcome to use the Academy Course


Special prices through the BBCU:

Academy Course - EUR 25 (all day)

18 Hole Course - EUR 45 (one round)

Please order your tickets:

Tel: 0442357223 or 0675271155

Email: administrator@bbcu.com.ua
or
eurogate@gmail.com

Tickets must be purchased in advance from the BBCU

We look forward to seeing you on the golf course