Main News
18.12.2017

The Government approved 12 decisions for business

Today, the “deregulation day”, which has resulted in the adoption of 12 business decisions and the abolition of 340 obsolete regulatory acts, was held at the Cabinet of Ministers. Initiatives have been prepared by the BRDO Office together with the Ministry of Economic Development and the State Regulatory Service.

In particular, the Resolution of the Cabinet of Ministers simplified the procedure of customs clearance of goods in sea and river ports. From now on, foreign vessels are allowed to enter Ukraine’s ports and unload goods in 24 hours after submitting electronic cargo information. It will accelerate customs procedures and reduce corruption opportunities.

The decision to extend the list of companies receiving quotas to receive and import chemical raw materials without paying the excise tax was an important step to stimulate an increase in domestic production and create adequate conditions for providing chemical enterprises of Ukraine with raw materials.

Another Government’s decision simplified the procedure for establishing representative offices of foreign companies and financial institutions in Ukraine that will improve the investment climate.

In addition, the Cabinet of Ministers supported the BRDO’s proposal to abolish 340 obsolete regulatory acts related to labor protection, fire safety, sanitary and epidemiological control. This step will significantly reduce corruption risks and regulatory pressure on business.

Today, the Government also made a step towards the liberalization of the use of cash registers (PTRs) having increased the annual amount from 200 thousand hryvnas to 500 thousand hryvnas for the obligatory use of PTRs.

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