Changes in the area of authorising documents and starting business in Ukraine

By Galyna Zagorodniuk

On 9 April, Verkhovna Rada of Ukraine introduced changes to certain laws with regard to reduction of the number of authorisation documents (Law of Ukraine ‘On Introduction of Changes to Certain Legislative Acts of Ukraine with Regard to Reduction of the Number of Authorization Documents’). The law takes effect from the date of its publication.

The law is intended to simplify the procedure for issuing permits and to reduce their list. In particular, the law releases business entities from the obligation to obtain the documents (consents, conclusions, etc) required to acquire a permit. From now on, all actions related to the execution of permits must be taken by the relevant regulatory authorities. This will significantly simplify the procedure of acquisition of permits by way of reducing the number of the documents to be obtained by a business entity in order to acquire a relevant document.

In addition, the law has significantly reduced the list of permits for doing business (in particular in the areas of waste management, the use of natural resources and the sale of foodstuffs, including grain). Also, a number of other exemptions in the area of governmental regulation are expected, which are intended to simplify the business environment in Ukraine…

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