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Legal consequences of the war in Ukraine

CMS experts are monitoring the events around the war in Ukraine closely. On this page, they share their insights on the legal and commercial implications for businesses. Our goal is to provide a reliable and up-to-date source of information for anyone interested in this important topic.

Please contact our lawyers listed below for more information about the support CMS can provide.

15/03/2023
Rebuilding Ukraine
Ukraine’s National Recovery Plan envisions USD 750bn accumulated investment, and foreign governments and international financial institutions have pledged USD 1trn in support. Importantly, international support is targeting more than just rebuilding the destruction caused by the war; it is targeting Ukraine’s future economic recovery and growth. The private sector will play a vital role, and the government is rapidly implementing in­vestor-friendly reforms to enable the necessary scale of private investment, including EU mar­ket-in­teg­ra­tion agreements as it fast-tracks to EU candidacy. Ukraine’s reconstruction and recovery represents an unprecedented opportunity, both for Ukraine and for Europe. With lawyers qualified in Ukrainian and UK law operating in Kyiv since 2007, CMS can advise on:Business re­lo­ca­tion­Cloud-based op­er­a­tionsDoc­u­ment­ing and enforcing war dam­ageIn­sur­an­ceR­isk assessment and contingency planningMartial law and legal re­formsFin­an­cing, investing, and rebuilding and recovery opportunities. Get involved nowOur aim is to help companies participate meaningfully in the opportunities being created for Ukraine’s reconstruction and recovery. We offer specific services that can help your company. We have developed a short overview of Rebuilding Ukraine opportunities and latest updates, which is available for downloading. However, if  you would like to receive more information about “Rebuilding Ukraine” opportunities fill in the form below and we would reach out to you. 
27/06/2023
Handling the new EU sanctions against Russia
Latest update: 27 June 2023
20/02/2023
CMS Expert Guide to refugee immigration and travel requirements
English (дивиться текст українською нижче)With the aim of providing a single source of information for Ukrainian refugees considering where they now go, the CMS employment team has gathered information on key points from a number of CMS jurisdictions
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CMS lawyers

Portrait ofKai Neuhaus
Kai Neuhaus, LL.M.
Brussels - EU Law Office
Portrait ofEoin O'Shea
Eoin O'Shea
London
Portrait ofVitaliy Radchenko
Vitaliy Radchenko
Kyiv (CMS CMNO)
Portrait ofMaria Orlyk
Maria Orlyk
Kyiv (CMS RRH)
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27/06/2023
Handling the new EU sanctions against Russia
Latest update: 27 June 2023
15/03/2023
Rebuilding Ukraine
Ukraine’s National Recovery Plan envisions USD 750bn accumulated investment, and foreign governments and international financial institutions have pledged USD 1trn in support. Importantly, international support is targeting more than just rebuilding the destruction caused by the war; it is targeting Ukraine’s future economic recovery and growth. The private sector will play a vital role, and the government is rapidly implementing in­vestor-friendly reforms to enable the necessary scale of private investment, including EU mar­ket-in­teg­ra­tion agreements as it fast-tracks to EU candidacy. Ukraine’s reconstruction and recovery represents an unprecedented opportunity, both for Ukraine and for Europe. With lawyers qualified in Ukrainian and UK law operating in Kyiv since 2007, CMS can advise on:Business re­lo­ca­tion­Cloud-based op­er­a­tionsDoc­u­ment­ing and enforcing war dam­ageIn­sur­an­ceR­isk assessment and contingency planningMartial law and legal re­formsFin­an­cing, investing, and rebuilding and recovery opportunities. Get involved nowOur aim is to help companies participate meaningfully in the opportunities being created for Ukraine’s reconstruction and recovery. We offer specific services that can help your company. We have developed a short overview of Rebuilding Ukraine opportunities and latest updates, which is available for downloading. However, if  you would like to receive more information about “Rebuilding Ukraine” opportunities fill in the form below and we would reach out to you. 
20/02/2023
CMS Expert Guide to refugee immigration and travel requirements
English (дивиться текст українською нижче)With the aim of providing a single source of information for Ukrainian refugees considering where they now go, the CMS employment...
Comparable
30/11/2022
War damage in Ukraine: all you need to know to obtain compensation
According to a report on 9 September 2022 prepared by the World Bank, the European Commission and the Ukrainian government, the cost of rebuilding Ukraine and its economy has already reached at least...
25/07/2022
War prompts Ukraine to adopt new foreign exchange rate
On 21 July 2022, the National Bank of Ukraine (NBU) introduced new changes to Resolution “On the Operation of the Banking System Under Martial Law” No. 18 and took the long-awaited step of increasing...
25/07/2022
Ukraine Lifts Currency Control Restrictions on Import Operations
Since Russia’s full-scale invasion of Ukraine started in February 2022, the National Bank of Ukraine (the “NBU”) has taken urgent and decisive measures to stabilise the national economy and prevent...
15/06/2022
Ukraine Introduces Compassionate Use of Medicines
Immediately before the beginning of Russia’s unprovoked invasion of Ukraine in February 2022, the Ukrainian parliament passed an important law1 in­tro­du­cing the concept of the compassionate use of medicinal...
06/06/2022
Ukraine Expands Sanctions against Russia and its Supporters
On 20 May 2022, the President of Ukraine signed the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine to Increase the Effectiveness of Sanctions Related to Persons’ Assets” (the...
12/05/2022
Immigration issues for Ukraine and Poland: online discussion with Q&A
Martial law in Ukraine is changing employment rules and causing challenges and implications for businesses. Poland is the EU country hosting the vast majority of Ukrainian refugees, who are currently...
13/04/2022
Sanctions and the legal implications for doing business with Russia: online...
The EU, UK and many other countries have progressively adopted and expanded a number of sanctions against Russian companies and individuals following the war with Ukraine. Our CMS experts are closely...
12/04/2022
Cross-border trade with Ukraine continues amid war, martial law
While war and martial law in Ukraine has put operations on hold for numerous businesses, cross-border trade with Ukrainian counterparties has not stopped entirely. In these circumstances, the National...
12/04/2022
Ukraine: Tax relief measures for businesses introduced for the duration...
On 15 March 2022, Ukrainian parliament passed draft law No 7137-д, which adopts tax measures aimed at supporting businesses and people during wartime. The key measures applicable to businesses include:...