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Changes in the laws on public-private partnership and concession activities

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Письменна Марія
Письменна Марія
Attorney
Ukraine / Kyiv

i

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Publication date: 06.06.2024

Lawyer

Changes in the laws on public-private partnership and concession activities

 

New horizons of public-private partnership

 

Recent years have become decisive for the development of public-private partnerships (PPP) and concession activities in Ukraine. With the adoption of new legislative changes, the government has created a more transparent, efficient and favorable environment for investors wishing to invest in infrastructure projects. These innovations not only open up new opportunities for business, but also require from entrepreneurs a thorough legal analysis of the situation and expert legal support.

 

Major changes in legislation

 

In the fall of 2023, a new law "On Amendments to Certain Legislative Acts of Ukraine Regarding the Development of Public-Private Partnership" entered into force. This document significantly changed approaches to the implementation of PPPs and concessions. The main innovations include:


Simplification of procedures: The number of permit documents and the time required to obtain them have been reduced. This allows investors to start implementing projects faster.
Improvement of financial conditions: State support mechanisms, such as tax breaks and subsidies for investors implementing concession projects, have been introduced.
Protection of investors' rights: Clearer guarantees have been established for private partners, which reduces investment risks and promotes the attraction of foreign capital.
Transparency of processes: Mandatory public tenders for the selection of private partners have been introduced, which ensures equal conditions for all participants.

 

Why it is important for business

 

Changes in legislation create new opportunities for business, but also require adaptation to new rules of the game. Companies planning to participate in PPP or concession projects should consult a lawyer. Correct analysis of documents and a professional legal opinion of a lawyer will help to avoid legal pitfalls and minimize risks.

 

The role of lawyers in PPPs and concessions

 

In the conditions of constant changes in legislation, it is especially important to have a reliable partner who can provide qualified legal assistance. Law firms and lawyers specializing in public-private partnerships can offer a wide range of services:


Consultation of a lawyer: assessment of opportunities and risks of participation in PPPs, development of a strategy.
Online lawyer: Modern technologies allow you to receive legal assistance remotely, which is especially important in an active business environment.
Document analysis: Verification of contracts and other legal documents related to PPPs and concessions.
Legal opinion: Preparation of expert opinions on compliance of the company's activities with legislation.
Consultation of a lawyer: Protection of the rights and interests of the company in courts and other legal institutions.
Online lawyer: Quick help in solving legal issues via the Internet.
Legal analysis of the situation: Comprehensive analysis of the situation from the point of view of law, identification of possible problems and ways to solve them.
Legal opinion of a lawyer: Evaluation of legal aspects of any commercial agreements or projects.

 

Why it is important to contact professionals

 

Sometimes companies postpone solving legal issues until later, which can lead to an accumulation of problems and significant financial losses. Unexpected legal obstacles can block the implementation of the project or lead to significant fines. That is why it is important not to delay and seek professional legal help in a timely manner.

 

Conclusion

 

If you are planning to participate in a public-private partnership or a concession project, or you need a legal analysis of the situation, contact the lawyers of Legal Marketplace Consultant LLC. We offer expert advice, professional legal support and a legal opinion of a lawyer for your business. Do not delay solving legal issues - contact our specialists today, and we will help you find the best solutions!

For more detailed information and consultation of a lawyer online, contact us for contacts on the website of "Legal Marketplace Consultant" LLC. We are always ready to help you in solving your legal issues.

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