Oleksandr Tsybort: Abolition of the mandatory requirement for acts of performed works is a reduction in bureaucracy and a step towards European rules

From now on, the parties may independently determine the form of confirmation of the provision of services. If provided for in the contract, an invoice (bill) signed by the contractor is sufficient. The mandatory signing of a separate act is no longer required. This was stated by the Deputy Minister of Economy, Environment and Agriculture of Ukraine, Oleksandr Tsybort, commenting on the adoption by the Verkhovna Rada of Ukraine of a bill abolishing the mandatory requirement for acts of performed works.

“We are not abolishing confirmation of the fact that services have been provided. We are abolishing the mandatory nature of one particular form of such confirmation. Business should invest resources in development and defence, not in excessive paperwork,” noted Oleksandr Tsybort.

According to him, the invoice has been used for many years as a primary document in foreign economic activity, so these changes are not an experiment but rather the extension of existing practice to the domestic market. This is also a step towards European integration and harmonisation with EU approaches.

At the same time, the law provides for exceptions. The mandatory requirement for acts remains when using state and local budget funds, in the lease of state and communal property, in the construction sector, and in relation to charitable and humanitarian aid.

“We are retaining heightened requirements where budget funds and sensitive sectors are involved. Deregulation does not mean reduced oversight – it means rationality,” emphasised Oleksandr Tsybort.

According to a Case Ukraine study, up to 5% of a manager’s time and up to 13% of an accountant’s time used to be spent on preparing acts of performed works. In large companies, up to 15 employees could be involved in this process. The average cost of preparing one act is UAH 200–300, with monthly expenses for an enterprise amounting to around UAH 4,000.

The potential savings for Ukrainian business are estimated at up to UAH 20 billion per year. According to Oleksandr Tsybort, this is a systemic deregulatory measure that reduces administrative burdens and frees up resources for enterprise development.