The Tax Service has imposed UAH 1.65 billion in fines for violations in the use of payment transaction registers (PTRs) in the first half of 2023. This is already three times more than in all of 2021. The number of “cash registers in a smartphone” increased 4 times by 2021, while the number of traditional cash registers decreased by 5%.
The State Tax Service (STS) imposed 29,753 fines for violations in the use of PTRs totaling UAH 1.65 billion on entrepreneurs in the first half of 2023. This is already three times more than for the whole of 2021.
Entrepreneurs were fined for more than half of this amount – UAH 988.15 million – in August. It was during this month that the smallest number of inspections in 2023 was conducted – only 1640, but the largest number of fines was issued – 3336.
287.4 thousand cash registers and 554.6 thousand cash registers are in operation in Ukraine as of the beginning of December 2023. The surge in the installation of cash registers in 2023 occurred in September – +15% per month. We believe that this is due to the lifting of the moratorium on cash register checks in October, which was introduced at the beginning of the full-scale invasion.
The Ukrainian restaurant automation company Poster notes that most entrepreneurs were not ready for the return of inspections until the last minute.
“Many entrepreneurs waited until the last minute, explaining that this is not the first time the moratorium has been frozen or postponed. The demand for Poster’s PTR in chats and calls increased rapidly in the last week of September – 1.5-2 times more than usual.
Given that some entrepreneurs use physical cash registers and third-party integrations, we can assume that about a third of businesses were still not ready for the October 1 deadline,” said Rodion Yeroshek, CEO and co-owner of Poster.
Currently, the number of “cash registers in a smartphone” is almost twice as high as the number of regular ones. Compared to November 2021, the number of PTRs has increased 4 times, while the number of cash registers has decreased by 5%.
Despite this rapid growth, PTRs currently account for only 29% of the total number of checks. However, their number is increasing from year to year: for comparison, in 2021, the share of PTR checks was only 2.7%.
In total, 6.62 billion checks totaling UAH 2.3 trillion were issued in 11 months of this year. The total amount of PTR checks increased 1.5 times by 2021.
Estimated number of population in regions of Ukraine based on number of active mobile sim cards (mln)
Source: Open4Business.com.ua and experts.news
The Fund for Guaranteeing Deposits of Individuals “FGVFL” has sold the building of the cult restaurant “Shchekavitsa” on Kyiv Podol at the 18th attempt.
As follows from the notice of the FGVFL, by now the buyer, the winner of the last auction on December 27, 2023, LLC “Ukrskladservis”, has transferred the entire amount – more than 16 million UAH. The relevant purchase and sale agreement has been concluded, the funds received will be used to satisfy the claims of creditors of JSC “Bank Sich”, liquidated by the Deposit Guarantee Fund.
The FGVFL recalled that the previous auction also ended successfully, but then the winner did not pay for the lot. The results of the sale were canceled, and the auction was recognized as invalid. As a result, the guarantee fee was recovered from the participant of the auction, and the assets were re-exhibited for a new round of bidding.
The sale price at the end of the last auction exceeded the previous winning bid by almost UAH 500 thousand.
For the first time the asset was put up for sale on March 1, 2023. The lot included the building of the restaurant “Schekavica” (Kostyantynivska 46-5) with an area of 884 square meters with ten halls, accounts receivable, fixed assets, trademark (marks for goods and services) Schekavica.
Two bidders took part in the auction on December 27, which was held according to the English model. The starting price of the lot was UAH 15.2 million, the winning bid was UAH 16 million 11 thousand 101.
The winner is Ukrskladservis LLC (USREOU code33565891), established in 2005, with Oleksiy Zaitsev as the ultimate beneficiary.
The Main Department of the National Police of Ukraine in Lviv region on January 11 announced its intention to conclude a contract with IC “VUSO” (Kiev) for the purchase of services of compulsory civil liability insurance of owners of land vehicles (OSAGO).
According to the message in the system of electronic public procurement “Prozorro”, the offer of IC “VUSO” was UAH 178,245 thousand at the expected cost of UAH 509,864 thousand.
Insurance companies “Salamandra” UAH 227,5 thousand and “UTSC” UAH 432,4 thousand also took part in the tender.
IC “VUSO” was founded in 2001. The company holds 50 licenses: 34 for voluntary and 16 for compulsory types of insurance. It is represented in all regions of Ukraine. It is a member of ITSBU and UFS, a participant of Direct Loss Settlement Agreement and a member of Nuclear Insurance Pool.
DIM Group of Companies provides additional individual discounts for Ukrainians to purchase housing using housing certificates issued under the program of compensation for housing destroyed due to the war, the company’s press service told Interfax-Ukraine.
It is also noted that if the amount of the certificate does not fully cover the cost of the apartment, Ukrainian families can take advantage of installment programs for up to five years from the developer.
“We are already working with the first applications from certificate holders who have chosen an apartment in our residential complexes and applied for a reservation of funds. In the near future, we are waiting for the approval of applications and the receipt of funds,” said Daria Bedia, DIM’s Marketing Director.
The certificate holders can use their certificates to purchase housing in the already built residential complexes Novyi Avtograf, Metropolis and Lucky Land, located in Kyiv and the Park Lake City countryside complex in Pidhirtsi village, Kyiv region, or in houses that are at the final stage of construction.
It is reported that the DIM Group will work with all financial institutions that will lend under government programs, including state-owned banks, Oschadbank, Sense, PrivatBank, and commercial banks.
DIM Group was founded in 2014 and consists of six companies covering all stages of construction. As of today, it has commissioned 12 buildings in six residential complexes with a total residential area of over 218 thousand square meters. Six comfort+ and business class residential complexes are under construction: “New Autograph, Metropolis, Park Lake City, and Lucky Land.
On January 8 and 9, 2024, the National Bank of Ukraine (NBU) excluded 42 non-bank financial institutions from the State Register of Financial Institutions and four more – from the Register of persons who are not financial institutions but have the right to provide certain financial services.
According to the regulator’s website, the reason for this decision was the absence of valid licenses for the provision of financial services in these companies as of January 1, 2024.
According to the NBU, limited liability companies Morgan Capital, New World FC, Finextra FC, Motor City Autocenter, DSD Finance, Inform-Aktiv, FC Factoring Alpha, FC Contract Plus, FC Fintakt, FC HIT, FC HIT, “Viridi-Lux, Regional Credit, FDS Finance, FC Proxima, Paritet Finance, FC Finaktiv, FC Argo, Factoring Company Debt Obligations Fund, FC Ukrainian Capital, FC Avila Finance, Europartner Finance, FC Fingroup Factor and FC Fintech Solutions.
Also excluded from this register are: “Lombard” Dobrye Traditions “My Capital” and “Guarantee of Success”, “Kucher and company pawnshop “Partner”, “Lombard Privat” Sich S.V. and company, “Your Lombard” Lukacek and company, “Lombard” Kuzmin and Kuzmin “Eurocom”, “Eurolombard” Astapenko A.A. and Svetashova T.V. “, “Lombard “Reverse” LLC “Templeria” and company”, “Lombard Pledge Society “Diamantovy Dom” LLC “Moneta” and companies”, “Lombard Pharmacia and co.” “Khrushcha and companies “Lombard AVK”, “Lombard “Alatir” LLC “Trisel” and company”, “Lombard “Vista” LLC “I-TE 911″ and company”, “Lombard – Karkuzaev and company”, “Lombard” Nevedrov Yu. A. and company”, “Lisenko and company-lombard”, “Pawnshop “Credit VIP-Gold and company”, “Universal pawnshop “Groshovychok” LLC “Financial Assistance” and company”, “Pawnshop “Premium” Velichko Alexander Viktorovich and company” and PJSC “Sempre System Finance”.
In addition, limited liability companies Agrarno-Gruzovaya Kompaniya, Alfa Leasing Ukraine, Kar Invest Ukraine, Light Leasing were excluded from the Register of persons who are not financial institutions, but have the right to provide certain financial services.
NATIONAL BANK OF UKRAINE, Ukraine's non-banking financial market
