Abolition of the Commercial Code of Ukraine: what does this mean for business?

On February 26, 2025, President of Ukraine Volodymyr Zelenskyy signed Law No. 4196-IX "On Peculiarities of Regulation of Business Activities of Certain Types of Legal Entities and Their Associations in the Transition Period". On February 27, the document was officially published in the Golos Ukrainy newspaper.

This Law provides for the abolition of the Commercial Code of Ukraine (CCU), which will come into force six months after its publication - on August 28, 2025. For the next three years, a transitional period will be in effect to adapt the legislation to the new conditions.

Main changes envisaged by the Law:

  • Transition period for the adaptation of legislation and transformation of legal entities;
  • Reform of municipal enterprises - during this time, state and municipal unitary enterprises should be transformed into joint-stock companies or limited liability companies;
  • Expansion of the rights of territorial communities, which will be able to create legal entities;
  • Preservation of the activities of municipal medical institutions already operating in communities;
  • Harmonization of Ukrainian legislation with European standards in the areas of

How will this affect employers?

One of the key questions for business is what will happen to the staffing of enterprises? After all, Article 64 of the Commercial Code determined the ability of enterprises to independently form an organizational structure and approve staffing. At the same time, the Labor Code and other regulations do not contain the concept of staffing levels.

Does this mean that staffing levels will no longer be mandatory from 2025? At the moment, it is premature to make such conclusions. The staffing table existed before the introduction of the Commercial Code, and the already approved staffing tables for 2025 remain in force. A final clarification on this issue is expected from the State Labor Service."

Abolition of the Commercial Code of Ukraine: Implications for Business

The abolition of the Commercial Code of Ukraine is part of a large-scale legislative reform aimed at simplifying the regulation of business activities. Businesses should closely follow the updates and official explanations of the state authorities in order to adapt to the new conditions in a timely manner.

If you need legal support in registering a company in Ukraine or bringing your business in line with the new regulations, Maira Consult is ready to help. Contact our experts for a consultation!

Other news

Ukraine and UAE sign historic economic partnership agreement: new business opportunities

What will the Comprehensive Economic Partnership Agreement (CEPA) between Ukraine and the UAE bring to Ukrainian entrepreneurs?

Payoneer expands its capabilities: acquisition of Skuad and new services

Payoneer acquired Skuad to expand its global hiring and benefits management capabilities.

Seychelles legislation update: important changes for business

On 18 December 2024, important amendments to the International Business Companies Act and a new circular clarifying the process of incorporation and liquidation of companies in Seychelles came into force.

Tax changes in Estonia 2025: What awaits businesses and how to prepare?

From 2025, Estonia is increasing the corporate tax on distributed profits to 22/78, abolishing benefits for regular dividends and raising VAT to 24%, while also introducing new rules for real estate and reporting.


Our Contacts

Client Relations Department

+380 73 427-66-30

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

Messengers

Social Networks

International Law Company Maira Consult