For the period of martial law in Ukraine, businesses are allowed to move to the declarative principle of work. This was announced by the Head of the Cabinet Denys Shmygal.
".. in practice, we are revoking the vast majority of permits, except those related to the security of the country. During martial law, the business goes to the declarative principle of operation. You submit documents through the Diia portal and, without waiting for the decision of the authorities, you start working,” explained Shmygal.
He added that the permits "will remain for just several business activities, such as work with hazardous waste, medicines production, nuclear energy."
The prime minister said that the Cabinet removes all restrictions on the "5-7-9" (loans - ed.) program.
"Any Ukrainian business that needs support will be able to get a loan on favorable terms. From now on, the maximum loan amount will increase to 60m hryvnias. During martial law and a month after its completion, the loan interest rate will be 0%. The Government will pay Interest for those who want to do business. After martial law, the interest rate on this program will not exceed 5%," said Shmygal.
On March 7, the Ukrainian Government formed a package of decisions to support Ukrainian business during the war. Among them are tax exemptions, postponement of cash registers implementation, a moratorium on inspections, etc.
On March 15, Denys Shmygal announced a complete reformatting of Ukraine's economy model: taxes will be reduced, all regulations will be removed, and instead of VAT and income tax, entrepreneurs will pay only 2% of turnover.