You're reading: Yatsenyuk says moratorium on business check ups extended for half a year

Ukrainian authorities have decided to prolong a moratorium on business check ups in the country by monitoring agencies for six months, Ukrainian Prime Minister Arseniy Yatsenyuk has said. 

“Concerning small and medium business, we introduced a moratorium on carrying
out check ups and reduced taxation for small enterprises by double…For half a
year a moratorium on all kinds of check ups carried out by Ukrainian supervisory
agencies, except for the State Fiscal Service and the State Finance Inspection,
has been extended,” Yatsenyuk said during his final press conference of the year
in Kyiv on Dec. 30.

He also added that Ukrainian authorities “banned check ups on small and
medium-sized businesses for a two-year term, and dropped tax on small and
medium-sized businesses threefold.”