Business news from Ukraine

Business news from Ukraine

Ukraine’s Cabinet Raises Threshold for Companies to Qualify for Exemptions

Oleksiy Sobolev, Minister of Economy, Environment, and Agriculture, announced the government’s decision to amend the rules governing exemptions for conscripts at critical enterprises, one of which requires raising the average wage at the enterprise to nearly 26,000 UAH.

According to him, the changes consist of three main components. “The first is raising the requirements for the average wage level. To confirm the status of a critical enterprise and reserve an employee, the wage must be at least three times the minimum wage, which is currently 25,941 hryvnias, or nearly 26,000 hryvnias. However, this change does not apply to frontline territories, for which the requirement remains at the current level—21,600,” Sobolev said during a televised marathon on Friday.

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