Zelenskyy announces creation of Entrepreneurship Support Council

Ukrainian President Volodymyr Zelenskyy has announced the creation of the Entrepreneurship Support Council, which will include business representatives.

Source: Zelenskyy's address on 23 January

Quote: "As agreed by the government and business representatives, the Entrepreneurship Support Council will be formed, and it will include representatives of business.

These are well-known names and well-known heads of Ukrainian companies. Businesses that work for millions of people. Technology business, finance, services and other industries. Different industries, so that different views are represented. But one task is to strengthen our economy, our society."

Details: Zelenskyy said that the government would present amendments to the law on the Bureau of Economic Security and some other laws to "limit any possible pressure on legal businesses as much as possible".

The National Security and Defence Council has also set a three-month de facto moratorium on procedural actions that could block the company's operations.

An audit of the tax invoice risk monitoring system is also to be conducted.

Quote: "The state will fulfil its part of the moral contract with business. It is important that every business in Ukraine fulfils its part of the agreement: the business pays taxes, works legally, does not use any schemes to avoid paying taxes, respects its employees, and definitely does not work with Russia."

Update: Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy, clarified that the Entrepreneurship Support Council will respond to complaints from entrepreneurs and solve urgent problems during martial law. The National Security and Defence Council also recommended that the Prosecutor General's Office, the Security Service of Ukraine (SSU), the State Bureau of Investigations of Ukraine (SBI), the National Police, and the Economic Security Bureau of Ukraine conduct an audit of registered criminal proceedings that could potentially put the state's economy at risk.

The First Deputy Prime Minister also said that inspections of businesses by law enforcement agencies would be limited.

Quote from Svyrydenko: "The National Security and Defence Council will recommend that the Prosecutor General's Office, the State Bureau of Investigation, the National Police of Ukraine, the Security Service of Ukraine, the Bureau of Economic Security of Ukraine refrain from searches, arrests, and blocking of accounts for three months if such actions block or significantly adversely affect the operation of an enterprise. In addition, they will have to conduct an audit of the measures already taken and whether it is advisable to continue to apply them."

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