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Finance Business Service

Ukraine joined the global register of beneficial owners


According to the news of the Internet portal Censor.NET, recently the Prime Minister of Ukraine Vladimir Groysman has made an announcement in Facebook regarding the opening a free access to the database of beneficial owners of the companies in the state. With common efforts of the State Agency for Electronic Governance and the Ministry of Justice, the information was made public on the Unified State Open Data Portal. According to words of the head of the government, this decision will contribute to building a transparent and effective state, as well as the development of commercial and public projects. The open data can be used for the analysis by the media and the public for the purpose of public control, as well as serve as a material for the creation of new IT projects that will work for the benefit of the national economy and will be useful to many Internet users. Vladimir Groysman noted that our country was the first in the world to join the Global Register of Beneficial Owners, initiated by the international anti-corruption organization Transparency International.

Ролан Бондарец
Lawyer in tax disputes
Finance Business Service