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Witnessing aggression of Russia against Ukraine and atrocities resulting out of it to our country, we may not remain indifferent.

Therefore, as professionals who shall keep ethical standards, we may no longer provide legal advice to Russian business.

We hope that this horror ends soon and we rebuild our beautiful country quickly!

Glory to our Motherland Ukraine!

CLACIS has successfully represented Mastercard before the Antimonopoly committee of Ukraine to obtain the approval for reduction of domestic interchange fee rates in Ukraine. 

Antonina Yaholnyk, Founding Partner of CLACIS, was recognized as the leader in antitrust law practice in Ukraine by the "Clients' Choice. TOP-100. Lawyers in Ukraine 2021" ranking. The ranking "Clients' Choice. TOP-100 Lawyers in Ukraine" exists in Ukraine since 2015. This is one of the projects of Yurydycha Gazeta (the legal newspaper in Ukraine), the purpose of which is to analyze the legal market at the present stage.

On July 21, 2021, the Law of Ukraine "On amendments to the Tax Code and other laws of Ukraine regarding stimulation of income transparency and improvement of tax culture of citizens by way of one-time special declaration by individuals of their assets and payment of one-time tax to the budget" (“the Law”) entered into force. The Law provides for an individual amnesty for acquisition assets conducted in violation of tax and currency laws of Ukraine, provided that such individuals submit a one-time voluntary declaration and pay a nominal tax. The Law is inspired by the necessity to increase the transparency of the Ukrainian economy, including the implementation of the recent “anti-BEPS law” adopted last year, and is aimed to motivate Ukrainians to disclose their assets.

Considering that such acquisition of assets could have constituted a concentration under Ukrainian competition laws and could have required a merger control approval from the Antimonopoly Committee of Ukraine, the Law also provides for a merger control amnesty for an acquisition of shares and assets conducted in violation of Ukrainian competition laws to stimulate the use of the one-time special tax declaration to clear illegally acquired assets.