Zelensky to impose long-term moratorium on business inspections in Ukraine

Zelensky to impose long-term moratorium on business inspections in Ukraine

President Volodymyr Zelensky has instructed government officials to prepare a decision introducing a long-term moratorium on business inspections in Ukraine, the Presidential Office announced on June 27.

Zelensky discussed the moratorium during an address at the “State and Business Forum: From Dialogue to Partnership,” held in Kyiv.

“I have instructed that a decision on a long-term moratorium on business inspections be prepared to protect businesses from any pressure by unscrupulous individuals in various government positions,” he said.

Economic growth is a vital component of Ukrainian resilience, necessitating ongoing dialogue between the government and entrepreneurs, Zelensky said. In addition to imposing the moratorium on inspections, Kyiv will also expand the Council for Entrepreneurship Support in an effort to cultivate entrepreneurship in Ukraine.

“Even under such harsh conditions of this war, Ukraine can rely on its entrepreneurs — on our domestic Ukrainian manufacturing, our Ukrainian logistics, our Ukrainian services across all sectors — from security to everyday life, as well as on Ukrainian developments and investments,” the president said.

Following Russia’s full-scale invasion in early 2022 and the onset of martial law, Ukraine temporarily suspended certain business regulations, including tax inspections for businesses. Zelensky signed a law resuming tax inspections for certain businesses in December 2023.  

Now in its fourth year of full-scale war against Russia, Ukraine’s economy is still attempting to recover from the massive blow dealt in 2022, when the GDP dropped by 29.1%. At the same forum on June 27, Ukraine’s new Prosecutor General Ruslan Kravchenko announced another measure meant to boost business: an audit of criminal cases related to businesses in Ukraine.

“The second priority is to finally sort out the proceedings related to business, protect business, and achieve justice in these matters,” Kravchenko said.

The Prosecutor’s Office will be dedicated to “ensuring the rights of investors and businesses,” Kravchenko wrote on his Telegram channel on June 26. Efforts to safeguard businesses will not interfere with Ukraine’s legal obligations and the regulatory reforms required for its integration into the European Union, he said.

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Zelensky to impose long-term moratorium on business inspections in UkraineThe Kyiv IndependentOleg Sukhov
Zelensky to impose long-term moratorium on business inspections in Ukraine