Technical Assistance on Aligning Ukraine's Company Law with the EU acquis

This document outlines a procurement opportunity for a services contract focusing on providing technical assistance to the Ukrainian Government aimed at aligning its company law with European Union standards. The project, identified as EC-ENEST/IEV/2025/EA-RP/0137, falls under the European Commission's initiative and has a total estimated value of €4 millioneuros, with a contract duration of 40 months. Eligible applicants for this contract include large consulting firms, professional service providers, and organizations with significant expertise in company law, corporate governance, accounting, audit, and financial reporting. The call for tenders is an open invitation for submissions, with the participation request deadline set for January 19, 2026. No consortium requirement is explicitly mentioned, but the complexity of the project's scope may require bidders to assemble internal teams or potentially subcontract specialized expertise. The geographic eligibility is strictly limited to services rendered in Ukraine, although providers from across the EU and neighboring countries may participate in the procurement process. The project is categorized primarily within the legal and regulatory sector, focusing on specific objectives such as enhancing the Ukrainian company law framework, strengthening corporate governance and shareholder protection, enhancing transparency and digitalization, and ensuring compliance with accounting and reporting standards. The awarding criteria for the tender prioritize quality with an 80% weight against 20% for price, emphasizing expertise and effective delivery over cost. Submission is electronically facilitated through the EU's Funding and Tenders Portal, confirming compliance with the frequently evolving procurement procedures while providing stringent requirements for file formats and document submission. Importantly, participation necessitates a Personal Identification Code (PIC), a requirement applicable to both individual applicants and consortium members. The opportunity represents significant investment by the European Commission to bolster Ukraine's legal and institutional framework within the context of EU accession and neighborhood policy, with funds being fully provided without the need for co-funding from participants. Prospective bidders should prepare to submit their qualifications and be ready to respond to subsequent request for full proposals following initial evaluations. The support structure is predominantly monetary, with payments linked to service delivery milestones, consistent with the standard practices outlined for similar EU procurement contracts.

This is a call for tenders for a procurement service to provide technical assistance to the Ukrainian Government, aiming to support Ukraine’s alignment with the EU company law and corporate governance acquis. The procedure identifier is EC-ENEST/IEV/2025/EA-RP/0137. The TED reference is 230/2025 789838-2025. The submission method is electronic and the call is currently open for submission.

The support focuses on strengthening the legal and institutional framework for companies, capital markets, and corporate transparency. The planned specific objectives are:

Specific objective 1 Company Law Alignment:Review and enhance the Ukrainian company law framework in line with the EU acquis, in particular on company formation, capital maintenance, mergers and divisions (domestic and cross-border), nullity, and European company forms.

Specific objective 2 Corporate Governance and Shareholder rights:Strengthen the corporate governance legislative framework, including shareholder rights and takeover bids, ensuring robust minority protection and supervisory powers for the National Securities and Stock Market Commission (NSSMC).

Specific objective 3 Transparency and Digitalisation:Enhance company reporting and transparency requirements, including the development of digital tools, interoperability with the EU Business Registers Interconnection System (BRIS), and preparation for the Single Access Point (SAP), ensuring effective and secure access to corporate and financial information; further standardisation of financial reporting in electronic form; gradual introduction of sustainability reporting.

Specific Objective 4 Accounting, Audit, Assurance and Financial Reporting:Ensuring ongoing legislative compliance, education transformation, capacity building; implementation of assurance for sustainability reporting.

The procedure type is a restricted procedure. The estimated total value is €4,000,000. The TED publication date is 28/11/2025. The lead contracting authority is the European Commission, ENEST - Enlargement and Eastern Neighbourhood. The main classification (CPV) code is 79140000 - Legal advisory and information services. The nature of the contract is for services. The maximum contract duration is 40 months. The award method is the best price-quality ratio. There is no framework agreement. The place of delivery or performance is Ukraine, specifically designated by the code 20001031. The relevant programmes are 42921254 - Neighbourhood and 42921254 - Neighbourhood. The deadline for receipt of requests to participate is 19/01/2026 16:00 Europe/Kiev.

Two documents are available for download:ENb3 req part form enInvitation to submit a request to participate, published on 28/11/2025, Version 1, with no translations available; and Additional information about the Contract Notice - Company Law projectInvitation to submit a request to participate, published on 28/11/2025, Version 1, with no translations available.

Submissions must be sent exclusively at the address for submission given on the website, using the electronic submission method.

There is a section for Questions and Answers (Q&A), where users can log in to create questions. There is also a section for Frequently Asked Questions (FAQ's), My Q&A, and a possibility to download QA's in xls format. Currently, there are no public Q&A.

Some FAQs include:

How to proceed if the system is slow or doesn’t work while uploading/downloading documents? Please make sure you use the latest versions of Google Chrome or Mozilla Firefox. If the issue persists, try the following steps: 1. Clear the cache and cookies on the Internet browser. Published on 13/02/2025 21:52

Which Internet browsers does eSubmission support? Please use the latest versions of Google Chrome or Mozilla Firefox. For the most up-to-date technical recommendations, click on the link System Requirements. You can access this link. Published on 13/02/2025 21:52

Is it possible to view the details of the submission after the deadline? The content of the submission is not accessible after submitting the tender as the system encrypts all attachments upon upload. Thus, the system will not allow decryption after the upload. Published on 13/02/2025 21:50

Where can I find my submissions in Manage My Area, in the Funding & Tenders portal? Depending on the type or step of procedure, you can find the submissions in one of these sections: In ‘My Submission(s)’: tenders in response to open calls for tenders, requests to. Published on 17/10/2024 21:40

Which size should attachments have? For attaching files to your tender submission, eSubmission accepts files that are less than 50 MB in size. Any larger sizes will not be accepted by the system. For the latest informa. Published on 17/10/2024 21:36

How should I name attachments in eSubmision? In eSubmission, you must name the attachments for your tender draft following the System Requirements. With regards to all attachment names, please see the following conditions: The . Published on 03/10/2024 17:39

Can I submit a video in eSbmission? Which formats are supported? You can check the System Requirements of eSubmission: Published on 03/10/2024 17:37

I received an invitation from the F&T Portal but cannot view the procurement documents. Invited candidates can only see the procurement documents after having selected an organisation. Go to F&T Portal, “My Invitations”. Click on “Select Organisation” from the “Action”. Published on 03/10/2024 17:37

Do I need to validate my PIC in order to submit a tender in eSubmission? The Personal Identification Code (PIC) is mandatory to participate in a call for tenders as a sole candidate/tenderer or as a member of a group (consortium). For subcontractors PIC i. Published on 03/10/2024 17:36

I have an issue uploading a file in eSubmission and it’s giving me an error. What do I do? When uploading a file in eSubmission, you must first make sure it follows the technical requirements of the system, which are as shown below. A)For procurement procedures: B)For req. Published on 03/10/2024 17:36

How many attachments can I upload per submission? The maximum number of documents the system will allow you to upload per tender is 200 files. You are able to check the eSubmission System Requirements in the documentation by clicking. Published on 03/10/2024 17:35

Why do tenderers need a PIC? It is mandatory to register for a PIC if you intend to submit a tender or a request to participate. Only one PIC per organisation must be used. Therefore, if your organisation alread. Published on 23/04/2024 18:14

How do I register my organisation and get a Participant Identification Code (PIC)? First, check if the organisation is already registered using the Search PIC tool under 'How to Participate' > Participant Register. If your organisation is a bigger. Published on 23/04/2024 17:07

How many languages does the system support? The system is multilingual and supports all 24 official EU languages. Published on 01/04/2024 20:56

Which is the character set encoding in the system? The character set encoding is UTF-8. Published on 23/02/2024 00:58

Does the system use encryption to ensure the integrity and the confidentiality of the information? Yes, the system encrypts all uploaded documents, using an asymmetric key as an encryption mechanism. Published on 23/02/2024 00:57

Which file types does the system support? The supported file types depend on the type of submission you want to make. The allowed file types are specified within the system requirements linked to the procedure in question. M. Published on 22/02/2024 00:55

Can I view and edit my draft submission? Until the deadline for the submission has been reached, submissions in the draft status can be edited, viewed and deleted. Published on 24/03/2023 22:32

In the submission report, under the name of our entity, "Legal form:UNKNOWN" is displayed while in the system, our legal form was correctly displayed. Is this a problem for the submission? No, it is just a display issue. This is not blocking for you: you can submit. Published on 03/08/2021 23:07

I sent my submission on time and a few days later, I received an automatic email informing me that the deadline for the reception of submissions had been reached. Does this mean that my submission was not correctly sent? No, this is an auto-generated notification sent when the time limit of receipt defined for the call for tenders has been reached. Until then, you had the possibility of withdrawing. Published on 03/08/2021 23:05

In summary, this opportunity is a call for tenders by the European Commission to provide technical assistance to the Ukrainian Government. The goal is to help Ukraine align its company law and corporate governance practices with EU standards. This involves reviewing and improving Ukrainian laws related to company formation, shareholder rights, transparency, and financial reporting. The project aims to strengthen Ukraine's legal and institutional framework, making it more compatible with the EU. The total estimated value of the tender is €4 million, and the project is expected to last for 40 months. Companies with expertise in legal advisory, corporate governance, and EU law are encouraged to apply electronically by the deadline of January 19, 2026. A key requirement for participation is having a Personal Identification Code (PIC). The selected tenderer will play a crucial role in supporting Ukraine's integration with the EU legal and economic system.

Eligible Applicant Types:The eligible applicant types are not explicitly stated, but based on the nature of the tender, it is likely that eligible applicants include legal advisory firms, consulting companies, and organizations with expertise in company law, corporate governance, accounting, audit, assurance, and financial reporting.

Funding Type:The funding type is procurement, specifically a service contract.

Consortium Requirement:The text does not explicitly state whether a single applicant or a consortium is required. However, the FAQ section mentions that a Personal Identification Code (PIC) is mandatory to participate as a sole candidate/tenderer or as a member of a group (consortium), implying that both single applicants and consortia are eligible.

Beneficiary Scope (Geographic Eligibility):The place of delivery or performance is Ukraine. The lead contracting authority is the European Commission, ENEST - Enlargement and Eastern Neighbourhood. This suggests that the opportunity is targeted towards organizations that can provide services in Ukraine, and potentially those based in the EU or countries within the Enlargement and Eastern Neighbourhood region.

Target Sector:The target sector is primarily legal and regulatory, focusing on company law and corporate governance. It also includes aspects of accounting, audit, assurance, financial reporting, transparency, and digitalization. Specific areas include company formation, capital maintenance, mergers and divisions, shareholder rights, takeover bids, financial reporting, and sustainability reporting.

Mentioned Countries:Ukraine.

Project Stage:The project stage is technical assistance, which implies providing expertise and support to the Ukrainian Government to align its company law with the EU acquis. This suggests a development and implementation stage, focusing on reviewing, enhancing, and strengthening existing frameworks.

Funding Amount:The estimated total value of the contract is €4,000,000.

Application Type:The application type is an open call for tenders, with a restricted procedure. Submissions must be sent electronically.

Nature of Support:The beneficiaries will receive money in exchange for services.

Application Stages:The procedure type is "Restricted procedure" which implies at least two stages: a request to participate and a full proposal for those who are selected after the first stage.

Success Rates:The success rates are not mentioned in the provided text.

Co-funding Requirement:The text does not explicitly mention a co-funding requirement.

Summary:This opportunity is a call for tenders issued by the European Commission, ENEST, for a project providing technical assistance to the Ukrainian Government. The project aims to support Ukraine's alignment with the EU company law and corporate governance acquis. The total estimated value of the contract is €4,000,000, and the maximum contract duration is 40 months. The tender is a restricted procedure, meaning there will be an initial selection of candidates based on their request to participate, followed by a full proposal submission from the selected candidates. The specific objectives of the project include aligning Ukrainian company law with EU standards, strengthening corporate governance and shareholder rights, enhancing transparency and digitalization, and ensuring compliance in accounting, audit, assurance, and financial reporting. The submission method is electronic, and the deadline for receipt of requests to participate is 19/01/2026. The project will be performed in Ukraine. The tender is relevant for legal advisory firms, consulting companies, and organizations with expertise in the specified areas of company law, corporate governance, and financial regulation. A Personal Identification Code (PIC) is mandatory to participate, whether as a single candidate or as part of a consortium. The eSubmission system supports multiple languages and encrypts uploaded documents to ensure confidentiality.