Law of Ukraine on Foreign Economic Activities (City of Kyiv, April 16, 1991, №959-XII)
Article 5. Right to foreign economic activities
"… Foreign business entities, which carry out foreign economic activities in Ukraine, have the right to open their representative offices in Ukraine. Registration of these offices shall be carried out by the Ministry of Economy of Ukraine within 60 days since the date the documents are submitted for registration. For the registration of a representative office of a foreign business entity on the territory of Ukraine there shall be submitted:
application for registration of a representative office in free form;
extract from the trade (banking) register of the country, where the foreign business entity is officially registered;
reference from the banking institution, where an applicant’s account is officially kept;
power of attorney to carry out representative functions issued in accordance with the law of the country where the office of the foreign business entity is officially registered;
The above documents shall be certified by a notary at the place of issue and dully legalized in consular institutions of Ukraine, if international agreements of Ukraine do not provide to the contrary. Foreign business entities shall pay for the registration of a representative office in the amount, fixed by the Cabinet of Ministers of Ukraine, which shall not exceed real expenses of the country, connected with this registration.
Should The Ministry of Economy of Ukraine refuse in registration of a representative office of foreign business entity or take no decision on its registration within the established 60-day term, the foreign business entity may appeal such refusal in judicial bodies of Ukraine.
There shall be prohibited to demand from a foreign subject of economic activities re-registration of previously registered representative office in Ukraine.
Should any change of name, legal status, legal address of a foreign business entity or its bankruptcy take place, the respective representative office in Ukraine shall inform about that The Ministry of Economy of Ukraine within the 7-day period.
Economic, including foreign economic, activities of foreign business entities on the territory of Ukraine, shall be regulated by the laws of Ukraine, where it concerns the procedure for implementation of economic activities in Ukraine. If this activity is connected with foreign investments, it shall be regulated by the relevant laws of Ukraine…"
(unofficial translation)
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