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NBU Simplifies Settlements For Purchases Of Services And Intellectual Property Rights
With effect from 19 August 2016, the National Bank of Ukraine (the "NBU") abolished the requirement for Ukrainian residents to obtain a price evaluation act – an approval from State Enterprise "State Research and Information Centre for Monitoring International Commodity Markets" (Derzhzovnishinform) – to make cross-border payments for the purchase of services and IP rights from foreign residents in the amount exceeding EUR 50,000.
Ukraine
26 Aug 2016
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