New Factoring Rules in Ukraine
· WOWERI
Changes to the Civil Code will come into effect on July 30, 2026, affecting factoring in Ukraine.
New Factoring Rules in Ukraine
Changes to the Civil Code of Ukraine, regarding factoring, will come into effect on July 30, 2026. These changes aim to improve the regulation of factoring and increase its efficiency.
What is Factoring
Factoring is a financial operation where a company sells its debts to another entity, usually a factoring company, which then collects the debts from the debtors.
Impact of Changes on Factoring
The changes to the Civil Code may affect factoring in Ukraine, making it more attractive and efficient for companies.
What to do next
Source: biz.ligazakon.net