Business news from Ukraine

Business news from Ukraine

People’s deputies proposed to deregulate the market of used cars in Ukraine

7 March , 2023  

People’s deputies propose to the Verkhovna Rada to abolish the state registration of used cars by the trading organization in itself, said the head of the parliamentary committee on finance, tax and customs policy Daniel Getmantsev

“Together with colleagues introduced the bill N9083, which provides for the deregulation and detenalization of the market of trade in used vehicles,” he wrote in the Telegram-channel on Monday.

According to the VR website, the bill on amendments to some laws of Ukraine on improvement of wholesale and retail trade in vehicles by business entities, which are registered in the Main service center of the Ministry of Internal Affairs, was introduced in the parliament by a group of MPs on March 6.

Among the co-authors of the bill, in particular, MPs Yaroslav Zheleznyak (faction “Voice”), Maryana Bezuglaya, Eugene Bragar (“Servant of the people”), Dmitry Razumkov (unaffiliated).

“The abolition of senseless state registration of used cars by a trading organization in its own name, even if it buys them as goods for further resale, will be a pledge to withdraw from the shadow market, expand the activity of white car traders and eliminate schemes because of which the budget is underpaid taxes,” Hetmantsev wrote.