Parliament intends to decriminalize fictitious business

Рада намерена декриминализировать фиктивное предпринимательство

Voted 365 deputies

MPs want to cancel criminal liability for fictitious business. Voted 365 deputies.

The Verkhovna Rada intends to withdraw from the Criminal code article “Fictitious entrepreneurship” and provided for it. People’s deputies supported the bill No. 1080, reports

The deputies withdrew from the Criminal code article 205, which stipulates penalties of up to 85 thousand UAH.

In addition, the MPs has increased the amount of tax evasion, non-payment which can attract liability under article 212 of the CCU:

  • impressive size – 1000 n. m., 960,5 ths is – 2 million 881,5 thousand.
  • large size – 3000 n. m., 2 million 881,5 thousand UAH; offered 4 million 802,5 thousand.
  • very large size – 5000 n. m., 4 million 802,5 thousand UAH; offered – 723,5 million 6 thousand UAH.

Note, n. m. – the non-taxable minimum incomes of citizens equal to 50% of the subsistence minimum for able-bodied person (per month) prescribed by law at 1 January of the tax year (in 2019 – 960,5 UAH).

In the explanatory note, the authors argue that “the existence of criminal liability for fictitious business (article 205 of the Criminal code of Ukraine) has long been one of the methods of pressure on business in Ukraine”.

Earlier in the NBU reported that the Ukrainian business is ready to increase salaries. Ukrainian entrepreneurs have improved the economic expectations for the coming year, including the issue of the hryvnia.


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