The National Bank of Ukraine eases currency restrictions for foreign economic activity: key changes and their impact on business.
In May 2025, the National Bank of Ukraine (NBU) announced significant easing of currency restrictions imposed at the start of the full-scale war. These measures are aimed at supporting foreign economic activity and improving conditions for Ukrainian businesses.
Main changes
1. Removal of restrictions on the import of works and services: businesses can now freely purchase and transfer foreign currency abroad to pay for imported works and services. This decision also includes the ability to pay airport and port fees, fines, and membership dues.
2. Repatriation of "new" dividends: companies are allowed to transfer dividends abroad, accrued based on activities from January 1, 2024. The limit is set at 1 million euros per month.
3. Payment of interest on "old" foreign loans: borrowers can transfer funds abroad to pay interest on foreign loans due since February 24, 2022. The limit is set at 1 million euros per quarter.
4. Removal of restrictions on representative office transfers: representative offices of international payment systems and foreign airlines can transfer up to 5 million euros per month to their parent companies.
Impact on business
These changes significantly ease foreign economic activity for Ukrainian enterprises. Removing restrictions on the import of works and services promotes international cooperation and the adoption of new technologies. The ability to repatriate dividends and settle foreign obligations enhances Ukraine's investment attractiveness.
Conclusion
The easing of currency restrictions contributes to financial sector stabilization and strengthens international partners' trust. Experts view these measures as an essential step towards economic recovery and Ukraine's integration into global markets.
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