THE UKRAINIAN GOVERNMENT CANCELLED OVER HALF A HUNDRED OLD REQUIREMENTS FOR BUSINESS

The Cabinet of Ministers of Ukraine made changes to more than fifty outdated acts and recognized 15 resolutions as having lost their validity. Some of them were adopted back in the times of the Ukrainian SSR. The decision to implement the Action Plan on improving business conditions in Ukraine was adopted by the Government at a meeting on March 29, 2024.

In particular, from a number of resolutions of the Cabinet of Ministers of Ukraine, requirements to put seals on documents that entrepreneurs submit to state authorities were excluded, if such a requirement is not established by law.

"The government systematically cancels irrelevant regulations that only complicate the work of business. For example, by law, the use of seals became voluntary 10 years ago. 

However, the relevant requirements remained in the by-laws. By today's decision, the Cabinet of Ministers of Ukraine brought government acts into compliance with the law. And also canceled de facto obsolete, outdated decisions, some of which were adopted back in the times of the USSR and, obviously, have long since lost their relevance," said Oleksiy Sobolev, Deputy Minister of Economy of Ukraine.

It will be recalled that earlier, as part of the deregulation reform, the Interdepartmental Working Group on the Issues of Accelerated Review of Instruments of State Regulation of Economic Activity reviewed more than 1,300 regulatory instruments for business. Of them, 584 are recommended to be simplified, 456 to be abolished.