Due to tax increases, 27% of individual entrepreneurs surveyed in Ukraine plan to close in the near future.
In Ukraine, 27% of the surveyed individual entrepreneurs planned to close in the near future, more than half of them stopped working due to a sharp increase in the tax burden. This is confirmed by the results of the Opendatabot study, which was released on Tuesday, December 24.
Of those planning to close – 62% – decided to close because of tax increases. Another 19% of entrepreneurs stopped working because of business problems.
“It is worth noting that now, due to a large-scale attack by pro-Russian hackers on state registers, closing a business is either very difficult or impossible,” the study said.
Most of the surveyed individual entrepreneurs work in retail (retail trade) – 24.6%, another 21% – in IT.
It has been noted that since the signing of the law introducing conscription for small and medium-sized businesses, for every one new sole proprietor there are two closed ones. Thus, 24,497 entrepreneurs stopped working in the period from the time the president signed the law to December 17.
In the same period, 2.2 times less new businesses were opened: 10,947 By comparison, in the corresponding period last year, for every four new individual entrepreneurs, only one closed.
We remind you that in Ukraine since the beginning of 2024, 254,288 individual entrepreneurs stopped their activities.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.