28th

1
Adam Smith Conferences International Forum REAL
ESTATE IN UKRAINE
28th 29th November 2006 Premier Palace Hotel,
Kyiv
2

• Frishberg Partners is an independent law firm,
  based in Kiev, Ukraine since October, 1991.
• We are a full-service law firm with a focus
  on corporate law, specializing in
• real property transactions
• due diligence
• mergers and acquisitions
• business litigation
• Frishberg Partners is not an expense. We
  are an asset!

www.frishberg.com
3

• Baltic Beverages Holding
• Bank Austria Creditanstalt
• British Energy
• BT Global Services
• Chumak
• Commerzbank Aktiengesellschaft
• Credit Commercial de France
• CTB, Inc.
• Deloitte
• Direct EDI Inc
• DUROPACK
• Emilceramica SpA
• Hewlett-Packard Company
• Imanto AG
• Industrial Development Company
• INDEVCO
• Jabil Circuit, Inc.

• KLM Royal Dutch Airlines
• KPN Royal Dutch Telecom
• Notaro Michalos
• Philips Electronics
• Quality Schools International
• Robert Fleming Company, Ltd.
• Stragen Chemical SA
• Sun Microsystems
• SCL Corporate Finance SA
• Sealed Air Limited
• Theeuwes de Jong B.V.
• Thornkild Kristensen Properties AS
• The Danish Investment Fund for Central and
  Eastern Europe
• Tyco Electronics AMP GmbH
• The US Embassy
• Vetropack Holding, among others

www.frishberg.com
4
Ukrainian Real Property
Finished Construction
Unfinished Construction
Land
www.frishberg.com
5

• Finished Construction
• Title Documents (Sale-purchase Agreement,
  Certificate of Ownership)
• BTI Certificate
• Notary Public Certificate
• Costs 1 notary fee
• Tax 1 pension fund

www.frishberg.com
6
Unfinished Construction
Lease Agreement
Ownership
Construction
Construction
Local Council (ownership)
Local Council (ownership)
BTI (registration)
BTI (registration)
www.frishberg.com
7
Land
Ownership
Lease Agreement
Agro
Industrial
Privately-owned
State-owned
Farms
Factories Warehouse
www.frishberg.com
8
State-owned Land
State-owned Land
Industrial
Agro
Buildings on Land
Moratorium 2008
Land
Cabinet of Ministers of Ukraine
Corporate Rights
www.frishberg.com
9
Privately-owned
Land
Buildings on Land
Local Council

• Sale-purchase Agreement
• Local Council
• BTI

www.frishberg.com
10

Structuring Foreign Investment in Ukrainian Real
Property

• Acquiring Real Property
• Sale-purchase agreement
• Local Council
• Re-registrations with BTI
• Taxes and notary fees

Acquiring Corporate Rights
Ukrainian resident
Off-shore company
Due Diligence!
Due Diligence!
www.frishberg.com
11

• 10 Gorky Street, Suite 8,
• Kyiv, 01004, Ukraine
• Tel [phone]
• Fax [phone]
• office_at_frishberg.com
• www.frishberg.com