New business deregulation initiatives were supported in Ukraine

The Interagency Working Group (IWG) on deregulation recommended the implementation of a number of deregulation initiatives demanded by businesses and citizens. This is stated in the message on the Ministry of Economy’s website.

According to the First Deputy Prime Minister, Minister of Economy, Co-Chairman of the IWG on deregulation Yulia Svyridenko, the result of all the work on deregulation should be a business landscape in which entrepreneurs will not spend their energy and time on permit documentation, but will be engaged in the development of enterprises.

At the meeting of the Working Group held on May 24, 12 initiatives in six directions were considered, in particular, in the field of general regulatory rules and construction. Based on the results, it is recommended to cancel a number of tools, and to optimize and modernize the rest.

As for the field of general regulatory rules, the interdepartmental working group recommended changing the punitive system of checks to a service one. Among other things, it is about voluntary insurance and auditing of companies’ activities, which, in turn, will reduce the number and frequency of inspections. In addition, the IWG recommended transferring documentary tax audits to an online format; transfer to the declarative principle the Permit to perform high-risk works and to operate (use) machines, mechanisms, and high-risk equipment.

In the field of construction, it is recommended to cancel the requirements for the development of an environmental impact assessment (EIA) section, if during the construction, reconstruction or overhaul of buildings, structures and their complexes it is not required to carry out such an EIA report or if an EIA report is available.

As GMK Center reported earlier, the interdepartmental working group on issues of accelerated review of instruments of economic activity state regulation (IWG on deregulation) was created by a government decision in January 2023. At the first meeting, it proposed to the Cabinet to cancel 47% of licenses and permits.