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Economy

The government is considering raising the VAT rate to protect businesses from Russian attacks: what this means for entrepreneurs in Zakarpattia

Ігор Мельников November 5, 2026 9:48 pm

The Cabinet of Ministers of Ukraine is planning a large-scale reform to protect entrepreneurship and is preparing to launch a special fund to insure businesses against war risks. However, the implementation of such an initiative could lead to changes in the country’s economic policy, specifically an increase in the value-added

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Ukrainian sole proprietors must submit a report on the employment of people with disabilities covering all three quarters of 2026

Ксенія Калініченко November 5, 2026 9:41 pm

The Ministry of Finance of Ukraine, by Order No. 453 dated August 25, 2026, approved a new form for the Report on the Calculation, calculation, and payment of the contribution to support the employment of persons with disabilities, which officially entered into force on September 25, 2026. Since the legal

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Large-scale privatization in the banking sector: the government has begun preparations for the sale of Sens Bank and Ukrgasbank

Ігор Мельников November 5, 2026 8:07 pm

The Cabinet of Ministers has established a special commission to prepare for the sale of state-owned stakes in two systemic financial institutions. The auction is scheduled for 2027, and the proceeds will be used to fund the Ukrainian Armed Forces. Ukraine has officially launched the privatization process for two major

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Which Sole Proprietors Are Prohibited from Using the Simplified Tax System: The State Tax Service Explains Key Restrictions and Limits

Ігор Мельников November 5, 2026 8:07 pm

The State Tax Service of Ukraine has published a detailed explanation of the rules governing individual entrepreneurs’ participation in the simplified taxation system, emphasizing clear legislative restrictions on types of activities, income limits, and criteria for hired personnel. As the tax authorities point out, not every type of business activity

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Up to 80% reimbursement of expenses: in Zakarpattia, farmers are receiving funds from the regional budget

Ксенія Калініченко November 5, 2026 8:03 pm

Farmers in the region can receive substantial reimbursement for irrigation equipment, facilities, breeding animals, and machinery. The application period runs through November 10. Regional financial support programs for agricultural producers are in effect in Zakarpattia Oblast. Local farmers and agricultural enterprises are being offered partial reimbursement for expenses related to

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In-Person Identification by December 31: Which Pensioners Need to Verify Their Identity to Avoid Losing Their Benefits

Ігор Мельников October 26, 2026 12:25 pm

Certain categories of citizens must verify their identity by the end of 2026 to ensure that their pension and insurance benefit payments are not suspended. The Pension Fund has identified the required categories and the available verification methods. The Main Office of the Pension Fund of Ukraine in Zakarpattia Oblast

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