Viktoriya Bespalko

In 2016, the costs attributed to operating a business in Ukraine have been lower than in a respective index in 2015. In particular, during the past year, Ukrainians spent on average UAH 27,412 for the purposes of compliance with the effective regulatory requirements.

We believe that if the state ceases to intervene in the pricing mechanisms, the profitability of enterprises will improve, investments will increase and administrative burden on business will be reduced. On the other hand, there are certain risks that were the reason why the government abolished this regulation in the form of experiment.