The outgoing\u00a0\u00a0 2016 was\u00a0 hard, and not only for business but also for the country in general. It was really difficult but not \u00a0fatal: a new tax policy, the integration into the European market, difficulties of investment and many other things. There are \u00a0key factors which have affected the development of a business industry much but are contrary according to the news in the Ukrainian media which become multicoloured with such slogans as” fall, closing and the termination”. The experts continue to go on about hope for the growth of the economy and the prospect of\u00a0 majority\u00a0\u00a0 production spheres development.<\/p>\n
Basic<\/strong><\/p>\n The changes which have come into force at the beginning of 2016 concerning the structure of\u00a0\u00a0 taxpayers system (they formed new 4 taxpayers groups) and also enhancement of VAT and other taxes\u00a0\u00a0 administration system, as well as ought to be, at first caused a number of difficulties in business. First of all, this electronic administration is toughening of\u00a0 the electronic reporting submission rules and complexity with \u00a0 a new system usage. However,\u00a0 the government has implemented the task in hand. It is possible to state the first positive results: the debt of the state on a VAT return decreases,but in slower rates than was planned.<\/p>\n The Ministry of Finance claims that payments of the VAT became more transparent and have \u00a0increased practically by 30% in comparison with previous year. About 35% of a VAT return have already paid to business. At first sight, a figure is small, but it has been much more\u00a0than for last year. The urgent and demanded “manual” mode of a VAT return by means of claims, lawsuits and other legal mechanisms still have remained \u00a0in minus. Therefore business continues to spend forces and energy for the whole headquarters of attorneys, lawyers and accountants who prepare tens of claims and addresses in a week. By the way, the Ukrainian entrepreneurs adequately endured an increase in rates.<\/p>\n Additional<\/strong><\/p>\n The government, in addition to already mentioned\u00a0 positive changes, developed the new bill which offering:<\/p>\n At the same time, this bill suggests to increase considerably rates of excises and to establish a single rate of an excise on diesel fuel. However, all rates of the main taxes will remain at the level of the current year.<\/p>\n The most pleasant<\/strong><\/p>\n The procedure of operating is considerably simplified by a money of the entities. The numerous seminars and round tables which are carried out with the participation of business representatives \u00a0testify to one: business structures approved the offered changes.<\/p>\n Commodity export as the direction which\u00a0 doesn’t lose the relevance for the Ukrainian business and remains to one of the most discussed subjects in business media. Unfortunately, \u00a0the Ukrainian export at the moment of 2016 in Ukraine \u00a0has decreased by 10%. However, the tendency concerned not all industries. The basis of the Ukrainian export is constituted today by raw materials and products of the minimum technological border. The agricultural sector also\u00a0 gained the steam.<\/p>\n The mechanical engineering is in decline here: export continues to decrease.<\/p>\n For the national business increasing in export to EU countries is indicative: increase practically has grown by 5% in comparison with the same period of last year. However, in October the tendency began to weaken. Export of grain and oil-bearing crops was reduced. From the quotas for duty-free importation of products provided to Ukraine in the EU, only such line items as grain, cereal products, flour, honey, oil are exhausted and much of them were spent for the first 2-3 months 2016.<\/p>\n Deliveries to the EU of vegetables and berries from Ukraine, chicken meat (by 44%) and dairy products have grown (practically by 8 times). In other spheres, there are meats (beef, pork, mutton), eggs. The situation remains deplorable. For example, export of pork to Ukraine has fallen practically by 20 times. These results show the fact that goods of the Ukrainian production often don’t conform to the quality standards of Europe. It is just unacceptable. There is no fault of the Ukrainian producers here. The issue of coordination of the Ukrainian and European legislation in this area hasn’t been resolved yet. The government declares that there is no opportunity to finance purchases of the foreign equipment to carry out expertize of researches.<\/p>\n Export with the CIS countries has decreased almost by 28%. However,\u00a0 the situation is clear here: Russia hold the considerable market share. The question is raised by a decrease in the level of export with Belarus (5%) and Kazakhstan (45%).<\/p>\n The investment climate in Ukraine has been in a depression condition for a long time. However,\u00a0 in 2016 the first obvious shifts in this sphere\u00a0 were planned after the protracted crisis caused by the military conflict in the east of the country.<\/p>\n First, the situation in Donbass was a little stabilised, and secondly, the state took the first steps in the large-scale program for fight against corruption:<\/p>\n All this, of course, returns interest of investors in opportunities of our country.<\/p>\n What Ukraine attracts with<\/strong><\/p>\n Foreign investors actively put resources in the system of energy saving, agrarian sector and a construction. There were also new interests. It is a\u00a0 sugar industry. At the beginning of November, the Anti-monopoly committee of Ukraine permitted to take 25% of shares of Astarte agricultural holding to the\u00a0 Fairfax Canadian financial group.<\/p>\n The interest of investors considerably has \u00a0increased also in the sphere of hotel business and tourism. At the beginning of September, it was said that until the end of this year in Ukraine three international networks of hotels have been opened: Sheraton, Ibis and Aloft. Chinese investor of HomeInns & Hotels Management Inc. redeemed the well-known Lybid Kiev hotel , and which it is planned to turn into the budget project.<\/p>\n By results of the second quarter 2016, the Euro Rating agency has named\u00a0 the cities with the highest investment activity. Leading line items during many seasons aren’t handed over by Kiev, behind \u00a0are \u00a0Vinnytsia and Kharkov. Other cities, perspective for investment, were among Odessa, Nikolaev, Zhytomyr, Lvov, Ivano-Frankovsk, Dnepr, Poltava and Ternopol.<\/p>\n Following the results of the III quarter, the investment into Ukraine has grown practically by 1 billion\u00a0 dollars in comparison with the first and second quarters.<\/p>\n It should be noted that the Ukrainian power is more optimistic about the growth of economy and business development next year. The international structures and financial analyst companies are included too. However, what is important: both those and others speak about the growth of the economy, though give different numbers. For example, Vladimir Groysman declared about expected economic growth of \u00a03% in the 2017 year.<\/p>\n","protected":false},"featured_media":115919,"menu_order":2,"template":"","issues":[12],"class_list":["post-115918","ldaily","type-ldaily","status-publish","has-post-thumbnail","hentry","issues-12"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/ldaily\/115918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/ldaily"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/ldaily"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/115919"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=115918"}],"wp:term":[{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=115918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\n
Export<\/h4>\n
Achievements and defeats<\/h4>\n
Investments<\/h4>\n
\n
The contradictory and encouraging forecasts<\/h4>\n