Prime Minister of Ukraine Volodymyr Groysman commissioned to develop a package of amendments to regulatory acts to simplify the procedure of use of cash registers aimed to facilitate doing business in Ukraine. A corresponding instruction was given to Deputy Minister of Economic Development and Trade of Ukraine Maxym Nefyodov at a Government meeting on Thursday.

“I insist that we must elaborate all the necessary decisions to ensure deregulation [in fiscal sector – ed.] regarding cash registers... I consider it being another monopolistic and corruption-entwined component that have to be rooted out”, he stressed. “I hope that soon we will have specific draft documents."

Volodymyr Groysman noted that in Ukraine the use of electronic cash registers is a rather overregulated process, as it requires immense bureaucratic control: individual equipment, connection, service. This does not contribute to normal business environment in Ukraine, assures the Prime Minister.

In this context, the Prime Minister noted that recently with the support of USAID there had been published annual survey that showed that the situation in Ukraine with deregulation and making business is improving. It happened partly due to the actions of the Government directed to the abolition of a number of regulations, noted the Prime Minister and urged to accelerate work in this direction, aimed to ease doing business in Ukraine.