The Verkhovna Rada adopts law enabling companies to create additional capital
On July 31, the Verkhovna Rada passed Law (Draft No. 13002) “On Amendments to Article 12 of the Law of Ukraine ‘On Limited and Additional Liability Companies.’”
Previously, the Parliamentary Committee on Economic Development recommended the Verkhovna Rada approve the draft both in principle and in full.
The Verkhovna Rada Secretariat’s press service reported that the law will allow members of limited liability companies (LLCs) to contribute funds to additional capital without changing the statutory capital or ownership shares.
This is necessary so that Ukrainian companies can legally attract investments without altering their statutory capital and members’ shares. This is especially important for startups, small businesses, and investors seeking transparent investment opportunities.
It is also noted that this will create a clear and secure mechanism for capital raising in line with international practice. This will encourage capital inflows into LLCs and increase foreign currency earnings.
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