Government digitises the Unified Register of State-Owned Property

The Cabinet of Ministers of Ukraine has approved a new version of the Regulation on the Unified Register of State-Owned Property. This decision transforms the outdated accounting system into a modern digital platform, which will make the management of state assets transparent and protected from corruption. Currently, the accounting of state property is based on methodologies from 2003–2011. Thus, the state is moving from paper-based bureaucracy to automated real-time monitoring.

What exactly will change?

Instead of submitting paper reports, asset holders will enter data through convenient electronic portals.

The register will automatically “communicate” with other databases (including the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organisations). This will eliminate errors and manipulation of property data.

A complete list of state property and business entities will be available to citizens on a dedicated website.

The process of registering ownership rights for objects that the state has not yet properly registered will be significantly accelerated.

Thanks to the new IT architecture, the state will gain a powerful anti-corruption tool. Transparent accounting makes it impossible to conceal assets or illegally alienate them through “grey” schemes. In addition, the Government will be able to make management decisions based on up-to-date data, seeing the structure of all assets.

The resolution will enter into force on 1 July 2027, which will provide time for technical setup of interactions between state registers and staff training.