Business news from Ukraine

Business news from Ukraine

Cabinet of Ministers of Ukraine has authorized foreign companies to construct facilities with medium (CC2) and significant (CC3) impact categories

6 August , 2024  

The government has authorized foreign companies operating on the territory of Ukraine through separate subdivisions and representative offices to obtain the right to conduct construction of objects with medium (CC2) and significant (CC3) categories of consequences, the press service of the Ministry of Reintegration of Temporarily Occupied Territories reported.

According to the message, the right to construction activity foreign companies will be able to obtain by free submission to the licensing authorities of the declaration of economic activity. In this case, there is no need to obtain a license for construction, the Ministry notes.

Such changes, introduced in Government Decree No. 314 of March 13, 2022, will be valid for the duration of martial law.

“The adoption of this act will improve the legal regulation of the activities of foreign companies in Ukraine, in particular, will allow representative offices of Polish companies in Ukraine to carry out work on the equipment of checkpoints on the Ukrainian-Polish border,” – stated in the message of the Ministry of Regional Integration.

It is noted that works on the construction of checkpoints are planned within the framework of the implementation of the agreement between the Ukrainian and Polish governments on the provision of a loan on the terms of tied aid from September 9, 2015.

 

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