Business news from Ukraine

Business news from Ukraine

MINISTRY OF JUSTICE: ENTERPRISES TO BE ABLE TO PAY SALARIES FROM ARRESTED ACCOUNTS

The government has provided an opportunity for enterprises to pay wages from blocked bank accounts, Minister of Justice Denys Maliuska said on Facebook.

The corresponding order of the Cabinet of Ministers No. 212 of March 11 was published on its website on Saturday.

According to it, legal entities – debtors for the period of martial law are allowed to make debit transactions from accounts, the funds on which are seized by the state executive service, private executors, to pay salaries in the amount of not more than five minimum monthly wages per employee.

In addition, the document allows to pay taxes, fees and a single contribution for obligatory state social insurance from these accounts.

“The verification of compliance with the requirements of this order when making payments is entrusted to officials of the legal entity – the debtor. This order is valid until the termination or cancellation of martial law,” the document states.