Believe the Armed Forces: Ukraine is increasingly registering a new business

In total, from February 24, almost 170,000 new FOPs have been registered in Ukraine. Despite the war and missile strikes of Russia, business activities are gaining momentum. According to October 2022, the October 2022 data showed an outbreak of new FOP and companies in October 2022. It is noted that last month there were 21. 3 thousand FOPs and 3. 2 thousand companies.

Analysts add that registration of new businesses has decreased in the first weeks of missile strikes in Ukraine, but in the last week of October, registration has increased significantly. Usually, the most FOPs are registered at the beginning of the month, at the end of the registration period, but in October, the first and last week is stable. And in total, from February 24, almost 170,000 new FOPs have been registered in Ukraine.

Ukrainian companies often receive an office check instead of remote. In addition, the problem of VAT reimbursement becomes systemic. As reported in the European Business Association, the tax authorities, for unknown reasons, do not appoint chamber checks (which can be carried out remotely) to confirm the amounts of VAT declared for compensation, but require documentary checks directly in the office of the company, which, for their part, postponed through a dangerous situation.

According to the European Business Association, such delays in inspections as a result of receiving their working capital as companies, and have a negative impact on the business activity of companies. In addition to the problem of inspections, the problem of blocking VAT-desire. According to the Association, such blocks were increased in October, so entrepreneurs are forced to go to court to establish justice, which requires a long time.