PricewaterhouseCoopers in cooperation with Marfin Popular Bank conducted the Real Estate Executive Breakfast thatwas held on 6th of February 2008.
The breakfast gathered together a forum of representatives from developers and investors, financiers and brokers to discuss a number of major tax and legal developments. This was also an opportunity to share experience and views on the future development of the real estate market in our country. Attendance of PricewaterhouseCoopers industry group specialists allowed a multidisciplinary view of key issues during the meeting.
Issues discussed:
1. Legal update on:
Recent changes in the land law legislation
Licensing of construction activity
2. Tax Update on the 2008 Budget Law and how this may affect the real estate industry in Ukraine.
3. Overview of Cyprus:
Tax planning ideas involving Ukraine and Cyprus
Update on the Ukraine - Cyprus treaty
Practical considerations in using companies and trusts
A brief presentation by our joint sponsor, Marfin Popular Bank Public Company Ltd, a Cypriot bank which has recently established presence in Ukraine.
We would like to thank all who attended the second PwC Real Estate Executive Breakfast. As you are well aware, the real estate industry in Ukraine is dynamic and undergoing rapid transitions. We hope that it was informational and useful for the participants who enjoyed the possibility to network with companies in the same industry and related fields.
We plan to hold such events in the future and highly appreciate your participation and input.
