#Business Support

Businesses affected by the war can legally defer tax payments and reporting without fines. To do this, you need to submit an application to the STS with confirmation that the reason for the delay is military action. Deadlines for fulfilling obligations are postponed for 6 months after the cancellation of martial law.

The head of the Verkhovna Rada Finance Committee, Danylo Hetmanets, explained that the impossibility of introducing general tax holidays is due to the need to finance the army, but confirmed the existence of assistance mechanisms for those affected by shelling.

The head of the Verkhovna Rada Finance Committee, Daniil Hetmanets, stated that Ukrainian business is in a critical condition due to shelling. Large companies are demanding loan guarantees and interest rate subsidies from the state, as banks prefer risk-free investments.

🇺🇦 The Ukrainian government is expanding the military risk insurance program for businesses. Kyiv and the Kyiv region, as well as leased property and agricultural machinery, will now be covered. The premium compensation limit has increased to 5 million UAH. Large businesses are demanding an increase in the coverage limit to 100 million UAH. The transfer of state warehouses to affected companies is also being considered. #Ukraine #Business #Insurance #War