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November 4, 2015

Doing Business in Ukraine: World Bank assessment

According to the World Bank Doing Business rating, which annually assesses conditions of doing business, Ukraine moved from 96th to 83rd position. In 2015 Ukraine managed to improve its indicators in several categories.

Thus, Ukraine showed a positive development in the area of business registration. This is mainly because of implementation of online registration procedures and abolishment of registration fees. In addition, Ukraine also improved its ratings in the area of investor protection.

Nevertheless, under some categories, such as dealing with construction permits, transnational trade and taxation, Ukraine remained to be placed at quite low positions of the rating.

Conclusions of DLF attorneys-at-law have been taken into account by the World Bank during preparation of the annual Doing Business report.

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