04.08

2022

The Verkhovna Rada of Ukraine has adopted the Law on Joint Stock Companies Back

These amendments contribute to the improvement of the current legislation and regulate the procedure for the establishment, operation, termination and separation of joint stock companies, their legal status and the rights and obligations of shareholders.

What will change after the President signs the law?

1. the new law will introduce a mechanism for holding general meetings with electronic voting.
2. the possibility of introducing a single-tier management structure in joint stock companies
3. the responsibility of company representatives will be regulated.
4. legislation on joint stock companies will be brought in line with the legislation of the European Union.

The necessary amendments will also be made to the Civil, Economic and Criminal Procedure Code of Ukraine, the Laws of Ukraine “On Limited and Additional Liability Companies”, “On Securities and the Stock Market”, “On the Depository System in Ukraine” and others.