Almost 65,000 Ukrainian enterprises remain in the occupied territories.

Tuesday, August 30, 2022
Almost 65,000 Ukrainian enterprises remain in the occupied territories.

About 65,000 businesses (5% of the total legal entities in Ukraine) work in the temporarily occupied territories, reported Opendatabot. With the start of a full-scale war on Ukrainian territory, businesses were forced not only to review their business processes but also to change their place of registration in order to to start operations again. The businesses that remain in the territories that fall under one of the following statuses, temporarily occupied, surrounded or blocked, or where active hostilities continue, can apply for a simplified taxation scheme.  Moreover, according to Raiffeisen Bank, taxes on the income received are calculated and paid not by the entrepreneur but by his counterparties.

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