Smitiukh, Andrii V.Смітюх, Андрій Володимирович2025-11-122025-11-122025Smitiukh A. Limited liability company corporate shares in Ukraine: recent challenges in legal doctrine, legislation and court practice / A. Smitiukh // Kieler Ostrechts-Notizen. – 2025. – Jg. 29, num. 1–2. – S. 4–12.1439-7935https://dspace.onu.edu.ua/handle/123456789/43053The limited liability company (товариство з обмеженою відповідальністю) is the most common kind of business entities and legal entities in general in Ukraine. There are 1.518.456 legal entities in Ukraine overall and 804.158 of them are LLCs, so LLCs make up 52.96% of all legal entities in Ukraine. The figure will be even more impressive if one also takes into account 199 716 Private Enterprises to which the Supreme Court extended the legal regime of LLC. On the other hand, 1498 Additional Liability Companies (ALC) being formally a separate kind of legal entities are also under LLC regulations with the only exception related to “additional responsibility” of members for company’s debts (calculated on the basis of their contributions). It means more than a million (1 005 372) or 66,21% of legal entities in Ukraine are under the LLC regulations in total. Due to the popularity of LLCs, the most of business assets in the country are indirectly controlled by owners through ownership of shares in LLCs. That’s why legal rules, corporate usages and practices established for LLC and its shares influence to a great extent all the corporate law of Ukraine and Ukrainian business and economics. Due to this fact the recent challenges in legal doctrine, legislation and court practice of LLC corporate shares are of great importance in Ukraine.enLimited Liability Company (LLC)LLC sharesregistration of rights to sharesdirect identification of LLC sharesLLC shares as marital propertydivisibility of LLC sharesinstitutionalization of sharesShare Accounting SystemUnified State Register of Legal EntitiesArticle