On 9 July 2019, the National Bank of Ukraine (hereinafter the “NBU”) issued a Resolution1 which finally cancels the limit for dividends repatriation. From now on, owners of corporate rights/shares (i.e. foreign shareholders of Ukrainian companies) are not limited in the repatriation of their dividends abroad.
The NBU continues to implement consecutive steps towards currency control liberalization, which will help to improve the investment climate and facilitate business operations in Ukraine.
The changes became effective on 10 July 2019.