On June 17, the European Parliament approved a decision to extend the "transport visa-free regime " between Ukraine and the European Union until the end of 2025. It is expected that the EU Council will approve this decision in the near future, after which the agreement will enter into force in an updated form. The extension of the transport visa-free regime until the end of 2025 is not only another technical decision, but also an important political signal of support for Ukraine from the EU, which contributes to strengthening export potential, business development and preserving jobs in difficult conditions in Ukraine.
Since the signing of the agreement, it has been extended several times. The current decision concerns its extension until December 31, 2025. An important condition for the extension of the agreement is the absence of significant violations or negative impact on the internal transport markets of the EU Member States. That is why the updated version of the agreement provides for a number of additional control and monitoring mechanisms. In particular, it provides for the presence of special stickers on vehicles confirming the right to travel within the framework of the visa-free regime, as well as the mandatory presence of accompanying documentation for drivers. In addition, the agreement includes a safeguard mechanism ( clause ), which allows its operation to be temporarily suspended in the event of systemic abuse or a significant disruption of market equilibrium.
Recall that the Agreement between Ukraine and the EU on the liberalization of road freight transport was concluded on June 29, 2022. This agreement provides for the possibility of carrying out bilateral and transit transportation without the need to obtain special permits. Such a mechanism has significantly facilitated trade, especially in the context of military operations in the country, when traditional logistics routes were blocked or complicated. The simplification of transportation has made it possible to stabilize the export of Ukrainian agricultural products , metallurgy, as well as ensure the timely supply of fuel, equipment and humanitarian aid.
On June 18, the Verkhovna Rada of Ukraine adopted a draft law in the second reading, introducing the institution of multiple citizenship for certain categories of persons.
The official goal of this law is to stop the country's demographic decline, which was exacerbated by war and labor migration. The transition to official recognition of multiple citizenship should strengthen ties with the diaspora, create conditions for the return of Ukrainians abroad, stimulate investment and attract professional personnel.
This law allows Ukrainians to retain Ukrainian citizenship when acquiring another, but on condition that the citizenship of another state is included in the list approved by the Cabinet of Ministers - mostly friendly countries, such as the EU, the USA, Canada or the G7. However, citizenship of ‑aggressor states, in particular Russia, is automatically excluded: its acquisition or use will be grounds for losing Ukrainian citizenship.
The law formalizes already widespread practices: automatic acquisition of citizenship at birth abroad, through marriage or adoption, which are now defined as legal cases of multiple citizenship. In addition, simplified procedures are introduced for ethnic Ukrainians, foreigners serving in the Ukrainian Security Forces, and persons who have acquired citizenship of countries with a simplified procedure, included in the relevant list.
Public officials, judges and military personnel will not be able to have dual citizenship. Other categories that can obtain Ukrainian citizenship under a simplified procedure are required to pass exams in the Ukrainian language, history and the Constitution of Ukraine. At the same time, the document establishes the grounds for losing citizenship if they voluntarily acquire another citizenship from partner states not provided for in the list.
In terms of practical application, this law has raised a number of reservations regarding constitutionality, as Article 4 of the Constitution of Ukraine establishes the principle of single citizenship. That is why the Cabinet of Ministers of Ukraine referred this law to the Constitutional Court, which has not yet issued a final decision.
In June, the Verkhovna Rada of Ukraine re-examined the draft law on Ukraine's accession to the Single Euro Payments Area. The document aims to reform the legislative framework to comply with EU requirements in the areas of combating money laundering, terrorist financing, and technical integration with the European payment infrastructure, which is a key condition for submitting an official application for SEPA accession.
Joining SEPA will open up the possibility of making transfers in euros between Ukraine and 41 SEPA member countries (27 EU countries, EFTA countries, the United Kingdom, microstates , as well as Western Balkan states) as simply, quickly and cheaply as domestic transfers.
For successful integration, the government and the NBU have developed a set of legislative changes, including:
·harmonization of legal norms regarding financial monitoring, banking transparency, and sanction control;
·introduction of a register of accounts of individuals (IBAN, owner data, date of opening);
·mandatory exchange of information between banks and tax authorities about financial transactions.
It should be noted that the draft law is currently being considered by the Committees of the Verkhovna Rada of Ukraine for the first reading.
On June 27, the Verkhovna Rada registered a bill on reforming property valuation. According to Oleksiy Movchan, deputy head of the Committee on Economic Development, the bill is aimed at transitioning to European and international valuation standards.
The main goal of the bill is to modernize the evaluation process through digital tools, simplify procedures, and increase market transparency.
Regarding innovations, the following can be highlighted as the main ones:
·unification of approaches to the valuation of land plots and real estate, it is planned to unify the right to value land plots and real estate: land appraisers will be able to automatically work with real estate objects;
·appraisers who are qualified to conduct land valuations will be able to work with real estate without the need for a separate permit;
·introduction of a state electronic platform that will allow obtaining an electronic certificate of the value of a property object without the physical participation of an appraiser;
·It is planned to extend the validity of qualification certificates of appraisers whose validity period expired during martial law;
·strengthening the professional role of working groups and associations of appraisers, who will now be able to provide official explanations, participate in the formation of state policy in the field of appraisal, and act as an advisory body in the development of regulatory acts.
On June 19, the Verkhovna Rada of Ukraine adopted in its entirety the draft law on public-private partnership (PPP), which creates a new, unified and modern legal framework for attracting private capital to infrastructure and strategic projects.
·The law introduces an innovative hybrid financing mechanism: a combination of budget funds, grants from international donors, and private investments.
·The law also significantly simplifies the procedure: now the preparation of small projects worth up to 5–5.5 million euros does not require a comprehensive feasibility study - a conceptual note is enough, which allows projects to be launched at the local level quickly and without bureaucracy.
·The procedures will be carried out through an online electronic trading system, from the announcement of the competition to the publication of contracts, based on European Union standards. The law also introduces standard qualification requirements for investors and expands the powers of local authorities in the implementation of such projects.
·The new updated version of the law introduces the concept of "donor" for the first time - this will allow international partners to finance projects directly or through state budgets, which significantly reduces risks for private investors and stimulates the development of PPPs at various levels.
·The law also provides new guarantees for investors and creditors: non-discriminatory treatment, compliance with contract terms, protection of stability, while the changes will not have retroactive effect on contracts already concluded.
·An important innovation is the possibility of implementing PPP projects in the defense sector - the law paves the way for joint defense initiatives between the state and business. Previously, this was unavailable due to legislative restrictions.
·A simplified regime for the preparation of infrastructure projects (healthcare, transport, energy, education, social sphere) has been established for the period of martial law and for seven years after its end, which ensures stability and predictability of long-term investments.
On June 6, the Ministry of Justice, by letter No. 80992/8.4.3/32-25, announced the entry into force on June 13 of the Ministry of Justice Orders No. 1172/5 and No. 1173/5, which significantly improve the procedure for verifying data on ultimate beneficial owners (UBOs) and the ownership structure of legal entities in the Unified State Register.
In particular, Order No. 1173/5 of April 30, 2025 regulated the algorithm of actions of the state registrar. If the letter with the requirement was sent by registered mail, but was returned or the storage period expired, a repeated requirement is sent in a month. If after that, no relevant explanations are received within 10 working days, the check continues. Based on the results of the check, the registrar forms a notification letter with documents and sends it to the Ministry of Justice.
Order No. 1172/5 , which also entered into force on June 13, approved unified formats for requests from the state registrar and forms for notifications of information discrepancies. This ensures transparent and uniform application of approaches to all legal entities, public entities, and businesses in general.
Since June 13, the list of data subject to verification has been clearly defined:
·for individuals – full name, citizenship (all, if there are several), place of residence, date of birth, passport or other document, RNOKPP, degree of ownership;
·for legal entities - full name, location, EDRPOU code.
been entered into the Unified State Register - the registrar directly informs the Ministry of Justice of Ukraine about this.
In case of confirmation of the inaccuracy of data on the CBV, appropriate notes are made in the Unified State Register that:
can block registration actions (change of participants, management);
cause increased control from banks and counterparties;
create reputational and legal risks for the company.
In addition, failure to submit or untimely submission of information is subject to liability: a fine of 17,000 to 51,000 UAH under Article 166-11 of the Code of Administrative Offenses.
On June 11, the Cabinet of Ministers of Ukraine adopted a resolution establishing requirements for the issuance and operation of digital (eID) wallets - key infrastructure for Ukraine's integration into the EU's single digital space.
This resolution defines a digital wallet as an application that allows you to store and securely operate electronic documents, identification data and qualified electronic signatures, opening access to public services, SIM ‑registration, electronic prescriptions, etc., both in Ukraine and abroad. These wallets can be Ukrainian or European, and must comply with eIDAS 2.0 standards, which guarantees security, data protection and mutual recognition between countries.
According to the State Standard of Ukraine for Information Technology DSTU EN 301 549:2022, digital wallets must ensure accessibility for people with disabilities, as well as support open source code of software components (except those related to national security). This allows for transparent verification of their security and compliance with technical standards.
With the introduction of electronic wallets in Ukraine, users have the opportunity to:
·manage your identification data: request, combine, delete, share it;
·use your own alias stored locally;
·view the history of interactions with third parties via the web ‑interface and easily delete your data from their systems;
·create a qualified electronic signature or seal;
·export and transfer your data if necessary.
The resolution also provides:
·free issuance of wallets for individuals , and on a contractual basis for legal entities;
·voluntary principle of their use;
·implementation due to the high level of trust in the electronic identification scheme.
On June 3, the Verkhovna Rada of Ukraine adopted in the second reading and as a whole the draft law on factoring. According to the head of the relevant committee, Danylo Getmantsev, the draft law implements the provisions of theUNIDROIT Model Law. Law on Factoring), which will create a legal framework comparable to the best global practices.
Among the main innovations :
·assignment of claim of claims ), which will prevent fraud and increase market transparency by creating a public electronic registry under the auspices of the National Bank. This allows for the priority of claims to be recorded by the time of registration, rather than by the date of the contract, which protects factors and debtors;
·defining the subject and content of a factoring agreement, which distinguishes between trade factoring and financial debt transactions, and also establishes that companies working with consumer credit claims must obtain a special licensing status - incompatible with trade factoring;
·introducing the option of conducting factoring transactions through a national digital platform, including electronic auctions, which ensures equal access conditions and promotes competition.
On July 4, the law on amendments to the Customs Code of Ukraine and other laws came into force .
·Customs decisions will apply fixed fines, while courts will be able to impose fines within established upper and lower limits - depending on the nature of the offense, the person's guilt, and the presence of mitigating or aggravating circumstances. This will ensure proportionality of punishment and avoid formalism.
·The law introduces the possibility of confiscation not as a mandatory element of sanctions, but only by court decision under Articles 472 and 484 of the Customs Code - this is in line with modern European practices. In addition, the rules for considering complaints and the right of entrepreneurs not only to object, but also to submit reasoned explanations for customs decisions before judicial review have been clarified.
·The list of bodies that can register military equipment and other goods using a simplified form (Form 302): other units are now added to the National Guard, Border Guard, SSU, National Police, and FISU. As well as state support for exemption from liability for volunteers and other persons who, before April 1, 2024, transferred vehicles with the status of temporary import for the needs of the Armed Forces of Ukraine - provided that they are confirmed by documents.
·Regarding administrative protection, clear deadlines for proceedings and the right to familiarize yourself with the case materials at any stage have been established; customs also gains the right to suspend the provision of tariff benefits for goods of dubious origin while the inspection is ongoing.
It is important that the approaches are as close as possible to EU practices: the law ties the size of fines to the value of the goods, takes into account European confiscation norms, while ensuring flexibility and fairness in the application of sanctions.
Since the signing of the agreement, it has been extended several times. The current decision concerns its extension until December 31, 2025. An important condition for the extension of the agreement is the absence of significant violations or negative impact on the internal transport markets of the EU Member States. That is why the updated version of the agreement provides for a number of additional control and monitoring mechanisms. In particular, it provides for the presence of special stickers on vehicles confirming the right to travel within the framework of the visa-free regime, as well as the mandatory presence of accompanying documentation for drivers. In addition, the agreement includes a safeguard mechanism ( clause ), which allows its operation to be temporarily suspended in the event of systemic abuse or a significant disruption of market equilibrium.
Recall that the Agreement between Ukraine and the EU on the liberalization of road freight transport was concluded on June 29, 2022. This agreement provides for the possibility of carrying out bilateral and transit transportation without the need to obtain special permits. Such a mechanism has significantly facilitated trade, especially in the context of military operations in the country, when traditional logistics routes were blocked or complicated. The simplification of transportation has made it possible to stabilize the export of Ukrainian agricultural products , metallurgy, as well as ensure the timely supply of fuel, equipment and humanitarian aid.
On June 18, the Verkhovna Rada of Ukraine adopted a draft law in the second reading, introducing the institution of multiple citizenship for certain categories of persons.
The official goal of this law is to stop the country's demographic decline, which was exacerbated by war and labor migration. The transition to official recognition of multiple citizenship should strengthen ties with the diaspora, create conditions for the return of Ukrainians abroad, stimulate investment and attract professional personnel.
This law allows Ukrainians to retain Ukrainian citizenship when acquiring another, but on condition that the citizenship of another state is included in the list approved by the Cabinet of Ministers - mostly friendly countries, such as the EU, the USA, Canada or the G7. However, citizenship of ‑aggressor states, in particular Russia, is automatically excluded: its acquisition or use will be grounds for losing Ukrainian citizenship.
The law formalizes already widespread practices: automatic acquisition of citizenship at birth abroad, through marriage or adoption, which are now defined as legal cases of multiple citizenship. In addition, simplified procedures are introduced for ethnic Ukrainians, foreigners serving in the Ukrainian Security Forces, and persons who have acquired citizenship of countries with a simplified procedure, included in the relevant list.
Public officials, judges and military personnel will not be able to have dual citizenship. Other categories that can obtain Ukrainian citizenship under a simplified procedure are required to pass exams in the Ukrainian language, history and the Constitution of Ukraine. At the same time, the document establishes the grounds for losing citizenship if they voluntarily acquire another citizenship from partner states not provided for in the list.
In terms of practical application, this law has raised a number of reservations regarding constitutionality, as Article 4 of the Constitution of Ukraine establishes the principle of single citizenship. That is why the Cabinet of Ministers of Ukraine referred this law to the Constitutional Court, which has not yet issued a final decision.
In June, the Verkhovna Rada of Ukraine re-examined the draft law on Ukraine's accession to the Single Euro Payments Area. The document aims to reform the legislative framework to comply with EU requirements in the areas of combating money laundering, terrorist financing, and technical integration with the European payment infrastructure, which is a key condition for submitting an official application for SEPA accession.
Joining SEPA will open up the possibility of making transfers in euros between Ukraine and 41 SEPA member countries (27 EU countries, EFTA countries, the United Kingdom, microstates , as well as Western Balkan states) as simply, quickly and cheaply as domestic transfers.
For successful integration, the government and the NBU have developed a set of legislative changes, including:
·harmonization of legal norms regarding financial monitoring, banking transparency, and sanction control;
·introduction of a register of accounts of individuals (IBAN, owner data, date of opening);
·mandatory exchange of information between banks and tax authorities about financial transactions.
It should be noted that the draft law is currently being considered by the Committees of the Verkhovna Rada of Ukraine for the first reading.
On June 27, the Verkhovna Rada registered a bill on reforming property valuation. According to Oleksiy Movchan, deputy head of the Committee on Economic Development, the bill is aimed at transitioning to European and international valuation standards.
The main goal of the bill is to modernize the evaluation process through digital tools, simplify procedures, and increase market transparency.
Regarding innovations, the following can be highlighted as the main ones:
·unification of approaches to the valuation of land plots and real estate, it is planned to unify the right to value land plots and real estate: land appraisers will be able to automatically work with real estate objects;
·appraisers who are qualified to conduct land valuations will be able to work with real estate without the need for a separate permit;
·introduction of a state electronic platform that will allow obtaining an electronic certificate of the value of a property object without the physical participation of an appraiser;
·It is planned to extend the validity of qualification certificates of appraisers whose validity period expired during martial law;
·strengthening the professional role of working groups and associations of appraisers, who will now be able to provide official explanations, participate in the formation of state policy in the field of appraisal, and act as an advisory body in the development of regulatory acts.
On June 19, the Verkhovna Rada of Ukraine adopted in its entirety the draft law on public-private partnership (PPP), which creates a new, unified and modern legal framework for attracting private capital to infrastructure and strategic projects.
·The law introduces an innovative hybrid financing mechanism: a combination of budget funds, grants from international donors, and private investments.
·The law also significantly simplifies the procedure: now the preparation of small projects worth up to 5–5.5 million euros does not require a comprehensive feasibility study - a conceptual note is enough, which allows projects to be launched at the local level quickly and without bureaucracy.
·The procedures will be carried out through an online electronic trading system, from the announcement of the competition to the publication of contracts, based on European Union standards. The law also introduces standard qualification requirements for investors and expands the powers of local authorities in the implementation of such projects.
·The new updated version of the law introduces the concept of "donor" for the first time - this will allow international partners to finance projects directly or through state budgets, which significantly reduces risks for private investors and stimulates the development of PPPs at various levels.
·The law also provides new guarantees for investors and creditors: non-discriminatory treatment, compliance with contract terms, protection of stability, while the changes will not have retroactive effect on contracts already concluded.
·An important innovation is the possibility of implementing PPP projects in the defense sector - the law paves the way for joint defense initiatives between the state and business. Previously, this was unavailable due to legislative restrictions.
·A simplified regime for the preparation of infrastructure projects (healthcare, transport, energy, education, social sphere) has been established for the period of martial law and for seven years after its end, which ensures stability and predictability of long-term investments.
On June 6, the Ministry of Justice, by letter No. 80992/8.4.3/32-25, announced the entry into force on June 13 of the Ministry of Justice Orders No. 1172/5 and No. 1173/5, which significantly improve the procedure for verifying data on ultimate beneficial owners (UBOs) and the ownership structure of legal entities in the Unified State Register.
In particular, Order No. 1173/5 of April 30, 2025 regulated the algorithm of actions of the state registrar. If the letter with the requirement was sent by registered mail, but was returned or the storage period expired, a repeated requirement is sent in a month. If after that, no relevant explanations are received within 10 working days, the check continues. Based on the results of the check, the registrar forms a notification letter with documents and sends it to the Ministry of Justice.
Order No. 1172/5 , which also entered into force on June 13, approved unified formats for requests from the state registrar and forms for notifications of information discrepancies. This ensures transparent and uniform application of approaches to all legal entities, public entities, and businesses in general.
Since June 13, the list of data subject to verification has been clearly defined:
·for individuals – full name, citizenship (all, if there are several), place of residence, date of birth, passport or other document, RNOKPP, degree of ownership;
·for legal entities - full name, location, EDRPOU code.
been entered into the Unified State Register - the registrar directly informs the Ministry of Justice of Ukraine about this.
In case of confirmation of the inaccuracy of data on the CBV, appropriate notes are made in the Unified State Register that:
can block registration actions (change of participants, management);
cause increased control from banks and counterparties;
create reputational and legal risks for the company.
In addition, failure to submit or untimely submission of information is subject to liability: a fine of 17,000 to 51,000 UAH under Article 166-11 of the Code of Administrative Offenses.
On June 11, the Cabinet of Ministers of Ukraine adopted a resolution establishing requirements for the issuance and operation of digital (eID) wallets - key infrastructure for Ukraine's integration into the EU's single digital space.
This resolution defines a digital wallet as an application that allows you to store and securely operate electronic documents, identification data and qualified electronic signatures, opening access to public services, SIM ‑registration, electronic prescriptions, etc., both in Ukraine and abroad. These wallets can be Ukrainian or European, and must comply with eIDAS 2.0 standards, which guarantees security, data protection and mutual recognition between countries.
According to the State Standard of Ukraine for Information Technology DSTU EN 301 549:2022, digital wallets must ensure accessibility for people with disabilities, as well as support open source code of software components (except those related to national security). This allows for transparent verification of their security and compliance with technical standards.
With the introduction of electronic wallets in Ukraine, users have the opportunity to:
·manage your identification data: request, combine, delete, share it;
·use your own alias stored locally;
·view the history of interactions with third parties via the web ‑interface and easily delete your data from their systems;
·create a qualified electronic signature or seal;
·export and transfer your data if necessary.
The resolution also provides:
·free issuance of wallets for individuals , and on a contractual basis for legal entities;
·voluntary principle of their use;
·implementation due to the high level of trust in the electronic identification scheme.
On June 3, the Verkhovna Rada of Ukraine adopted in the second reading and as a whole the draft law on factoring. According to the head of the relevant committee, Danylo Getmantsev, the draft law implements the provisions of theUNIDROIT Model Law. Law on Factoring), which will create a legal framework comparable to the best global practices.
Among the main innovations :
·assignment of claim of claims ), which will prevent fraud and increase market transparency by creating a public electronic registry under the auspices of the National Bank. This allows for the priority of claims to be recorded by the time of registration, rather than by the date of the contract, which protects factors and debtors;
·defining the subject and content of a factoring agreement, which distinguishes between trade factoring and financial debt transactions, and also establishes that companies working with consumer credit claims must obtain a special licensing status - incompatible with trade factoring;
·introducing the option of conducting factoring transactions through a national digital platform, including electronic auctions, which ensures equal access conditions and promotes competition.
On July 4, the law on amendments to the Customs Code of Ukraine and other laws came into force .
·Customs decisions will apply fixed fines, while courts will be able to impose fines within established upper and lower limits - depending on the nature of the offense, the person's guilt, and the presence of mitigating or aggravating circumstances. This will ensure proportionality of punishment and avoid formalism.
·The law introduces the possibility of confiscation not as a mandatory element of sanctions, but only by court decision under Articles 472 and 484 of the Customs Code - this is in line with modern European practices. In addition, the rules for considering complaints and the right of entrepreneurs not only to object, but also to submit reasoned explanations for customs decisions before judicial review have been clarified.
·The list of bodies that can register military equipment and other goods using a simplified form (Form 302): other units are now added to the National Guard, Border Guard, SSU, National Police, and FISU. As well as state support for exemption from liability for volunteers and other persons who, before April 1, 2024, transferred vehicles with the status of temporary import for the needs of the Armed Forces of Ukraine - provided that they are confirmed by documents.
·Regarding administrative protection, clear deadlines for proceedings and the right to familiarize yourself with the case materials at any stage have been established; customs also gains the right to suspend the provision of tariff benefits for goods of dubious origin while the inspection is ongoing.
It is important that the approaches are as close as possible to EU practices: the law ties the size of fines to the value of the goods, takes into account European confiscation norms, while ensuring flexibility and fairness in the application of sanctions.
