Ilyashev & Partners assists German machinery leader in entering Ukrainian market

Ilyashev & Partners provided end-to-end legal support for the establishment of a subsidiary of Germany’s leading laser technology manufacturer in Ukraine.

The firm’s team oversaw the entire registration process, addressing the complexities of the client’s complex ownership structure. A key challenge involved preparing customized documentation to verify the ultimate beneficial owners, ensuring full compliance with regulatory requirements. To facilitate the successful entry of the foreign company into the Ukrainian market, the firm tailored the company’s contract documentation to comply with Ukrainian legislation while maintaining alignment with the agreements already used by the client in its dealings with EU counterparties.

Special attention was given to the regulatory framework governing the use and installation of mobile manufacturing systems in Ukraine and the EU. This included compliance with personal data protection laws for counterparties accessing cloud-based management and maintenance systems, adherence to occupational safety standards during equipment installation, operation, and dismantling, as well as safeguarding intellectual property rights.

The team also provided legal support in addressing key organizational matters to facilitate the seamless operation of the new company. This included assisting with the opening of a bank account and payment of the authorized capital, engaging an audit firm for accounting services, securing a work permit and drafting an employment contract for the foreign CEO, as well as preparing internal regulations and other corporate documents.

The case was handled by Dmytro Hrybov, counsel, Karine Altunian, and Viacheslav Kaplun, lawyers, under the supervision of Yevgen Solovyov, partner.