ICLUB Global launches online platform for investing in startups from $10K

Private investor club ICLUB Global launches the ICLUB Online platform, allowing anyone to invest in startups together with Ukrainian fund TA Ventures and other club members. Access to the platform is free. The participant pays only two commissions on each investment: for management and for profit. The minimum investment amount in a startup is $10,000. … Read more

EU’s one-year duties abolition comes into force

Regulation No. 2022/870 of the European Parliament and the Council on temporary trade liberalization measures, exempting Ukrainian exports from duties for a year, came into force on Saturday, the Ministry of Economy reported. “This decision complements the opportunities that our exporters have in accordance with the Association Agreement between Ukraine and the EU. Now the … Read more

Megabank, declared insolvent, prevents Deposit Guarantee Fund from gaining control over bank

Employees of Megabank, declared insolvent, prevent the Deposit Guarantee Fund from gaining control over the bank, head of the fund Svitlana Rekrut said. “As of 11:00, we record the obstruction of the fund’s access to the insolvent bank,” she said during a press briefing in Kyiv on Friday. However, Rekrut noted that regardless of the … Read more

Naftogaz tasked with becoming national operator in oil products market – Vitrenko

NJSC Naftogaz Ukrainy has been tasked with becoming the so-called national operator in the oil products market in order to ensure fair market prices, Naftogaz Board Chairman Yuriy Vitrenko has said. “The idea is not that the state wants to monopolize this market. But now a powerful state player should appear in the market, in … Read more

Registration of tax invoices to resume on May 27

Registration of tax invoices, interrupted at the beginning of the war, will resume on Friday, May 27, head of the parliamentary committee on finance, tax and customs policy Danylo Hetmantsev said. “Friends, tomorrow we are opening the registration of tax invoices. The system will operate in the pre-war regime with the reservations specified directly in … Read more