02 Sep 2011

New Rules for Business Registration Expected to Reduce Corruption

Ukraine has recently passed a series of laws to simplify business registration procedures in the country. The new regulations are expected to curb corruption by state registrars.

The new measures include an electronic registration systems for legal entities and entrepreneurs, which was designed to make the registration process more transparency and reduce direct contact between applicants and potential corrupt officials.

Overall, the changes to modernize adminstrative procedures aim at further improving the business environment and investment climate in the country.

For the full article on Kyivpost.com, please click here. The picture above is also featured in the article.