The National Security and Defense Council has decided to impose a moratorium on business inspections by various regulatory authorities, including law enforcement, customs, and tax services, for the duration of martial law. From now on, inspections will only be conducted in areas with heightened risks, particularly concerning activities related to excise goods.
This is reported by Business • Media
State Oversight: Digitalization and Limiting Interventions
The new initiative includes the digitalization of the state oversight system, which will eliminate manual interference in the inspection processes and help remove artificial barriers for businesses. The changes aim to create more favorable conditions for doing business and reduce the number of unfounded inspections.
Protection of Entrepreneurs and Reform of Oversight Bodies
The government is preparing to submit a package of draft laws to parliament aimed at protecting businesses and reforming oversight structures. According to the proposals, only the Attorney General or heads of regional prosecutor’s offices will be able to approve the initiation of new criminal proceedings against entrepreneurs. Additionally, the seizure of property and documents will be canceled if they interfere with the operations of businesses. There are also plans to close “pending” cases that lack sufficient evidence.
President Volodymyr Zelensky has already enacted this decision of the National Security and Defense Council to stimulate economic growth.
As part of the initiative, there will be an increase in support for investors and provisions for investment compensation through tax mechanisms. All these changes are aimed at ensuring the stable operation of businesses during martial law and stimulating the country’s economic development.