Analytics

Transformation of certain enterprises – business doubts

authors: Yaroslava Ivasiuk, Olena Mazurets

11 August, 2025 Exclusive

On August 28, 2025, the Law of Ukraine "On Particularities of Regulation of Activities of Legal Entities of Certain Organisational and Legal Forms in the Transitional Period and of Associations of Legal Entities" will be put into effect. As of this date, the Commercial Code of Ukraine shall no longer be in force. Although the new law has already been in force for over six months, some issues related to the transformation of enterprises remain unresolved. Many businesses are still unsure – is it really worth stepping into such a complicated and unclear transformation process?

At present, there are no official clarifications on the matter, leaving businesses in a state of uncertainty, and this lack of clarity is causing concern. A cautious approach – where enterprises are not rushing into transformation – appears to be reasonable, as there is still sufficient time to make a well-considered decision.

Such caution is fully justified in this situation. This time should be used to analyze the potential consequences of transformation, taking into account the specific nature of each enterprise’s activities. There is also hope that official guidance on transformation for the private sector will be provided in the near future.

The full version of the article is available in Ukrainian by the link.

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