IT Ukraine joined the Working Group on Economic Recovery

On May 18, 2022, the first meeting of the Working Group “Economic Recovery and Development” of the National Council for Recovery of Ukraine from the consequences of war was held under the presidency of the First Vice Prime Minister, Minister of Economy of Ukraine Yulia Svyrydenko. The topic of the meeting was “Simplification of the regulatory field and support for business development”. The event was moderated by the First Deputy Minister of Economy Denis Kudin. The association was represented by Yefrem Lashchuk, Director of Political and Legal Affairs.

Among the main initiatives were the following:

• Granting permission for men to travel abroad
• Automatic VAT refund
• Providing the opportunity to sign documents between companies resident in Ukraine and non-residents
• State program for guaranteeing military risks on the principle of insurance for investment in the economy
• Introduction of the most favorable preferential tax regime to attract investment into the economy
• Introduction of industrial visa-free travel for used equipment
• Reduction of reporting by switching to administrative data
• Automatic pre-filling of reports in the electronic cabinet with the data of the tax authority
• Elimination of outdated SanPin and redundant business requirements
• Launch of the portal of state regulatory policy