The Cabinet of Ministers of Ukraine adopted Resolution No. 394 of April 8, 2025 “Some Issues of Protecting the Interests of Land Owners and Applying Administrative Procedures in the Field of Land Relations”, developed by the State Geocadastre. The Resolution entered into force on April 11, 2025.
The Resolution stipulates that if the documentation on land management and land valuation was developed and approved before 2013, but was not transferred to the State Fund of Documentation on Land Management and Land Valuation and which does not have a qualified electronic signature of a certified land management engineer responsible for the quality of the work, its transfer may be carried out free of charge in electronic form upon application not only by the person indicated on the title page of the documentation on land management and land valuation, as was the case until now, but also by the owner (heir, successor), user of the real estate object, executive authority, local government authority that transferred the land plot into ownership or use.
The adoption of the resolution will ensure additional replenishment of the State Fund of Land Management and Land Valuation Documentation with land management documentation that was developed and approved before 2013, and will also contribute to the resolution of controversial issues regarding the boundaries of land plots and their legal status.
In addition, this regulatory legal act establishes that For the period of the legal regime of martial law, materials from the State Fund of Documentation on Land Management and Land Assessment are provided to requesters without information about the coordinates of the turning points of the boundaries of the objects of the State Land Cadastre and are not published in electronic form on the official website of the State Service for Geodesy, Cartography and Cadastre.
The Cabinet of Ministers' Resolution No. 266 of March 4, 2004 "On Approval of the Model Agreement on the Development of a Land Management Project for the Allocation of a Land Plot" was also declared invalid.
At the same time, the Resolution brought a number of regulatory legal acts into line with the requirements of Law of Ukraine No. 3993-IX of October 8, 2024 "On Amendments to Certain Legislative Acts of Ukraine on the Protection of the Interests of Owners of Land Shares (Shares), as Well as the Application of Administrative Procedure in the Field of Land Relations" and Law of Ukraine No. 4017-IX of October 10, 2024 "On Amendments to Certain Legislative Acts of Ukraine in Connection with the Adoption of the Law of Ukraine "On Administrative Procedure".
The State Tax Service of Ukraine, in its letter No. 9616/7/99-00-21-02-01-07 dated April 9, 2025, reported that on April 4, 2025, Order of the Ministry of Finance No. 94 of February 13, 2025 “On Approval of Amendments to the Form of the Tax Declaration on Corporate Income Tax”, with the amendments made by Order of the Ministry of Finance No. 133 of March 3, 2025 “On Amendments to Order of the Ministry of Finance of Ukraine No. 94 of February 13, 2025” (hereinafter – Order No. 94 ), entered into force.
In accordance with Order No. 94, amendments were made to the Declaration related to the implementation of the provisions of Law No. 4015-IХ of Ukraine of October 10, 2024 "On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine Regarding the Balance of Budget Revenues during the Period of Martial Law" (hereinafter - Law No. 4015) and Law No. 4113-IХ of December 4, 2024 "On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine Regarding the Stimulation of the Development of the Digital Economy in Ukraine" (hereinafter - Law No. 4113).
In accordance with Law No. 4015, amendments and additions were made to the Tax Code, in particular, regarding the establishment of:
1) the basic income tax rate of 25%, introduced from January 1, 2025;
2) the amount of the advance payment, which is paid from January 1, 2025 by corporate income tax payers for each foreign currency exchange point.
In addition, in accordance with Law No. 4015, the Tax Code is supplemented with provisions regarding:
1) features of taxation of fuel retail activities, applicable from December 1, 2024;
2) specifics of determining the minimum tax liability in the period from January 1, 2024 to December 31 of the year in which martial law will be terminated or abolished.
Taking into account the above, income tax payers must submit a Declaration in the updated form for the reporting (tax) period – six months of 2025.
The Ministry of Agrarian Policy and Food of Ukraine by Order No. 1588 of April 3, 2025 amended the Criteria for determining enterprises, institutions and organizations that are important for the national economy in the field of agriculture during a special period.
A new criterion has been added to define enterprises as being of importance to the national economy in the agricultural sector during a special period:
an enterprise that owns at least 90% of the authorized capital of 2 or more enterprises that are determined to be critically important for the functioning of the economy and ensuring the livelihoods of the population during a special period, as confirmed by a copy of the order of the Ministry of Agrarian Policy.
The Cabinet of Ministers of Ukraine has abolished a number of state regulatory instruments in the field of environmental protection that are excessive, unjustified, or irrelevant.
In particular, the following have been canceled:
- Permit for special use of natural resources, in terms of the use of minerals, including those extracted on the continental shelf.
Obtaining such a document was provided for in the Regulation on the procedure for issuing permits for the special use of natural resources within the territories and objects of the nature reserve fund, which had been in effect since 1992.
- Agreement on the timing of hay harvesting in the event that the grass cover contains plant species listed in the Red Book of Ukraine.
Such approval was provided for by the Procedure for the Procurement of Secondary Forest Materials and the Implementation of Secondary Forest Uses in the Forests of Ukraine, approved in 1996, and the Procedure for the Special Use of Forest Resources, approved in 2007. Currently, with the amendments made, the Government prohibits the procurement of hay containing plant species listed in the Red Book of Ukraine.
- Approval of technological maps regarding silvicultural requirements.
In accordance with the Rules for main use felling in the mountain forests of the Carpathians, such technological maps were agreed with the territorial bodies of the State Forest Agency, and during felling on the territory and facilities of the natural reserve fund with regional state administrations.
- Approval of additional timber harvesting during final felling within the scope of the current estimated felling area not used in previous years.
The government's decision reduces the regulatory and financial burden on business, which will contribute to the recovery of the state's economy, its growth, and the emergence of new enterprises. This, in turn, will provide new jobs and opportunities for attracting investment.
At the same time, to preserve our natural resources, those instruments that comply with EU standards and approaches, take into account current global trends in environmental and climate protection, and will contribute to an easier "green transition" remain.
The National Bank of Ukraine, by its Resolution No. 43 of April 3, 2025, updated the requirements for banks to calculate the minimum amount of credit risk-weighted exposures. The amount of credit risk-weighted exposures reflects unexpected losses from credit risk on active banking operations that must be covered by capital.
This update is another step in bringing the National Bank's regulatory and legal acts in the field of banking regulation closer to EU standards.
Currently, banks already take into account credit risk-weighted exposures in the minimum capital adequacy requirements set out in the Instructions on the Procedure for Regulating Banking Activities in Ukraine. However, their calculation is based on previous approaches of the Basel Committee on Banking Supervision.
The introduced requirements include:
- expanding the list of exposures for which risk weights are determined using credit ratings;
- application of reduced risk weights for exposures to small and medium-sized businesses, as well as for exposures secured by residential real estate;
- expanding the list of acceptable credit risk mitigation tools and providers of such tools.
These changes will provide a more sensitive assessment of unexpected losses from credit risk on active banking operations, which will contribute to increasing the financial stability of banks. At the same time, the application of lower risk weights will contribute to the expansion of mortgage lending and credit support for small and medium-sized businesses.
The implementation of the updated requirements will be phased in, including:
- by March 1, 2026, banks will develop/refine internal regulations on determining the minimum size of credit risk-weighted exposures;
- from March 1 to August 1, 2026 - test calculations will be conducted;
- from August 1, 2026 - switch to an updated calculation of capital adequacy requirements to cover credit risk by weighting exposures according to the new approach.
The President of Ukraine signed Law No. 12089, which amends the Civil Code and strengthens the rights of bona fide land purchasers.
According to the document, if more than 10 years have passed since the illegal alienation of land, the state or community will no longer be able to return these areas. This applies in particular to forests, coastal strips, and other natural areas.
If the court orders the return of the land within 10 years after the alienation, the state or community must compensate the new owner for the market value. However, the law does not provide for compensation for the state or community itself.
At the same time, there are exceptions: the law does not apply to strategic lands, critical infrastructure facilities, cultural heritage, and nature conservation areas.
The Cabinet of Ministers of Ukraine has adopted a resolution that determines the procedures for maintaining unified registers of licensees for the production and circulation of ethyl alcohol, alcoholic distillates, alcoholic beverages, tobacco products, tobacco raw materials and liquids used in electronic cigarettes, licensees and places of fuel circulation (hereinafter - the registers of licensees).
A business entity acquires the right to conduct a type of economic activity from the date the State Tax Service enters information about the granted license for the right to conduct the relevant type of economic activity into one of the registers of licensees.
Maintaining registers of licensees of Ukraine ensures transparency and control in the field of licensing of excisable goods, which is important for the legal conduct of business and the fight against the illegal circulation of fuel, alcohol and tobacco products. The adoption of the resolution by the Government will contribute to ensuring a holistic system of control by tax authorities and the public over the production and circulation of excisable goods subject to licensing.
By resolution, the Government approves:
- the Procedure for maintaining the Unified Register of Licensees for the Production and Circulation of Alcoholic and Tobacco Products;
- the Procedure for maintaining the Unified Register of Licensees and Fuel Circulation Points;
- the Procedure for filling out applications for licenses for the right to produce alcoholic beverages, tobacco products and fuel, and the right to wholesale and retail such products;
- the Procedure for filling out applications for fuel storage licenses;
- the forms of extracts from the specified registers of licensees.
The resolution also declares the Procedure for Maintaining the Unified State Register of Business Entities that have received licenses for the right to produce, store, wholesale and retail trade in fuel, and places of production, storage, wholesale and retail trade in fuel, approved by Resolution of the Cabinet of Ministers of Ukraine No. 545 of June 19, 2019, as invalid.
