LEGAL PROTECTION OF INVESTMENT ACTIVITIES IN UKRAINE

Ukraine is a country that has sufficient foundation for economic growth and attracting foreign capital, while our country has for many years been characterized by legislative, political and economic instability. That is why when investing in Ukraine a foreign investor raises a number of questions: a detailed study of all aspects of regulatory regulation of investment activity, analysis of the economic situation in the sector of interest, determine how to minimize its own risks and what guarantees of investment activity provides state, ways to protect their rights. Moreover, it is the guarantees and the method of protection of investments that is perhaps the most important aspect for investors. According to the investment legislation of Ukraine, the state guarantees the stability of the conditions for carrying out the investment activity and respecting the rights and legal interests of the subjects of such activity. Public authorities and their officials shall not have the right to interfere in the activities of the subjects of investment activity, except when such intervention is permitted by the current legislation and is carried out exclusively within the competence of these bodies and officials, which is specified in the normative legal acts. No one shall have the right to restrict the rights of investors in the choice of investment objects, except as provided by law. It is worth noting that for foreign investors the national regime of investment and other economic activity is established on the territory of Ukraine, except as provided by the legislation of Ukraine and international treaties of Ukraine. In addition, a preferential regime for investment and other economic activity may be established for foreign investors involved in the implementation of relevant state programs for the development of priority sectors of the economy, social sphere and territories. Despite such a large amount of guarantees and considerable economic potential, it is the reliability of state guarantees and ways of protecting one's own interests and the safety of the funds invested that are decisive factors for decision making. In Ukraine, a regulatory framework is in place, incorporating the domestic legislation of Ukraine, which regulates the procedure for resolving investment disputes between the state and investors, although some aspects require further improvement.