CMU made Ukrainian business a lot easier

CMU made Ukrainian business a lot easier

25.11.2016 News

On 23rd of November 2016 the Cabinet of Minister’s representatives have reported about the  results in the sphere of business simplification in Ukraine . According to a report, 367 regulatory legal acts have been  cancelled.  It concerns a law system, notary service payment mechanism for the legal entities, agricultural sector, standard assessment calculation procedures  of the land plots, oil and gas accumulations development rules. These changes give an opportunity to Ukrainian entrepreneurs spreading their capabilities and get lost of excessive  control from the state.

If to speak in details,  the Cabinet of Ministers has annulled the minimal attorney service payment  for commercial entities in the amount of 1%. The representatives of executive government branch have liquidated the prescription for agrarians on seed blending. That’s why the agricultural enterprises overpaid for logistic and store service. What is concerning the oil companies, the state is ready to minimise the control which was provided to its activity. On the other hand, it worth remembering that on the 1st of November 2016 the law project “About changes in Budget Code of Ukraine”  has been proclaimed on fundamental principles.  It is concerning the settlement receipts  system and  means usage from a rent payment for development of oil and gas fields. According to it law, oil producers is obliged  to perform payments in local budgets in the amount of 2% of a rent rate.

Read also: An authority allows Ukrspirt privatization

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