Історія успіху

Quicker processes spur business development, economic growth

Entrepreneur Iryna Tereshchenko was surprised by new procedures to swiftly exit a business.

USAID Commercial Law Reform Project

«Aware of the complicated and lengthy bureaucratic procedures for registering termination of your business activities, I remained in an unprofitable business, unable to bring myself to close it.».

Jan. 2015—When Iryna Tereshcenko registered her new business with the Ukrainian Government, it was done quickly and efficiently. But when the business did not take off, she wanted to close shop—a process that colleagues told her could be long and complex. Tereshcenko was pleasantly surprised, however, to recently find the process of closing down her business was as speedy and efficient as the process of starting it.

«I was amazed and impressed,” she said... Read more

Read moreStarting and ending a business now easier in Ukraine