The Verkhovna Rada of Ukraine is considering Draft Law No. 13002, which proposes amendments to the LLC law.
If adopted, it will make cash-in investments more tempting, potentially providing a means of attracting venture capital funding to Ukrainian startups, particularly those operating in the field of dual-use and military technologies.
The innovation will also enable LLC founders to avoid dilution when attracting investment in their companies and provide investors with a legal instrument that they and their lawyers can rely on when structuring and implementing investments in LLCs.
Read more about legal perspectives regarding additional capital in Ukrainian LLCs in the column by Taras Dumych, a member of the UVCA Supervisory Board and managing partner of Wolf Theiss, who is one of the initiators of the amendments.