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business - Latest Articles GMK Center

Photo – New business deregulation initiatives were supported in Ukraine
New business deregulation initiatives were supported in Ukraine

The Working Group on deregulation has provided a number of recommendations in the field of general regulatory rules

Photo – The strategy for the development of industrial parks until 2030 is approved in Ukraine
The strategy for the development of industrial parks until 2030 is approved in Ukraine

18 industrial parks of the country already have participants and other subjects

Photo – The Ukrainian government is preparing a large-scale deregulation of business
The Ukrainian government is preparing a large-scale deregulation of business

The Cabinet of Ministers proposes to cancel 47% of licenses and permits

Photo – State support for industry does not correspond to the scale of losses
State support for industry does not correspond to the scale of losses

In the conditions of war, the Ukrainian government is constantly expanding credit and grant programs, but their volumes are minimal

Photo – The Cabinet of Ministers allocated UAH 45 million for the creation of processing enterprises
The Cabinet of Ministers allocated UAH 45 million for the creation of processing enterprises

The funds are transferred to the Ministry of Economy for the provision of non-refundable grants

Photo – Parliament finally exempted businesses from fines for failure to file reports
Parliament finally exempted businesses from fines for failure to file reports

The relevant bill exempts businesses from fines for the period of wartime

Photo – Research: More than 10% of Ukrainian businesses have completely moved abroad
Research: More than 10% of Ukrainian businesses have completely moved abroad

At the same time, 72% of companies moved within Ukraine, and 17% – both in the country and abroad

Photo – Wartime estimates: How much Ukraine’s economy will down in 2022
Wartime estimates: How much Ukraine’s economy will down in 2022

The estimates of the reduction of Ukraine's GDP due to the war vary from 30% to 47%

Photo – 50% of Ukrainian business continue to work, Prozorro study
50% of Ukrainian business continue to work, Prozorro study

About 20% of respondents had to close stores, or shutdown production

Photo – Ukraine mulls tax raise by 1.5 times for foreign companies, operating in Russia
Ukraine mulls tax raise by 1.5 times for foreign companies, operating in Russia

This measure may affect income, and property tax rates

Photo – Metinvest in US, Europe switches to self-sufficiency
Metinvest in US, Europe switches to self-sufficiency

The decision was made due to production shutdown in Ukraine under Russian invasion

Photo – Ukrainian parliament’s committee recommends a bill on preferential import
Ukrainian parliament’s committee recommends a bill on preferential import

In case of passing the bill by Ukrainian parliament local authorities will be authorized to impose new taxes, and review current ones

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