Restricting access to information about the tax debts of specific sole proprietors deprives Ukrainian businesses of one of the tools they use to vet potential business partners, according to Opendatabot CEO Alexei Ivanikin.
According to the service’s data, as of July 2026, approximately 1.5 million sole proprietors have tax debts, and the total amount of debt reaches 16.6 billion UAH.
However, since the start of the full-scale war, the State Tax Service has not published a public list of specific entrepreneurs in debt, even though data from the Unified State Register and general statistics on tax arrears remain publicly available.
“It is difficult to explain this restriction on security grounds: information about an individual entrepreneur’s tax debt does not contain any defense-related or strategically important details,” Ivanikin stated.
In his view, transparency of information has direct economic significance.
“When information about tax debt is public, entrepreneurs have an additional incentive to pay it off, as it affects their reputation and the choice of business partners. Since the start of the war, businesses have lost one of the tools for vetting counterparties and cannot see whether a potential partner is paying taxes,” noted the CEO of Opendatabot.
The number of entrepreneurs with tax arrears has increased approximately 2.3-fold since the start of the full-scale invasion—by 840,000 people—and the total amount of arrears has risen by 9.6 billion hryvnia.
According to Fixygen, the National Bank of Ukraine imposed a penalty of 432.35 thousand UAH and issued a written warning against FC “Business-Partner” LLC.
As reported on the regulator’s website, the sanctions were imposed for submitting regulatory reports to the NBU containing inaccurate data, as well as for failing to ensure the functioning of a comprehensive, adequate, and effective internal control system.
Specifically, the fine was imposed for violating the requirements of paragraph 5 of Section I of the Rules for the Preparation and Submission of Reports by Non-Bank Financial Services Market Participants to the National Bank of Ukraine, approved by NBU Board Resolution No. 123 of November 25, 2021.
The company must pay the fine within one month from the date the decision takes effect. In addition, by July 15, 2026, FC “Business-Partner” must remedy the violations of the requirements for the financial company’s corporate governance and internal control systems, as well as the operational shortcoming specified in the warning.
Business-Partner Financial Company LLC is registered in Ukraine under EDRPOU code 43310379. The company operates in the non-bank financial services market. Such institutions are supervised by the NBU following the transfer of control functions over the non-bank financial sector to the regulator.
Source: NBU
