Adopted Law Reduces Administrative Burden on Businesses

On February 24, 2026, the Verkhovna Rada of Ukraine adopted the Law “On Amendments to Article 9 of the Law of Ukraine ‘On Accounting and Financial Reporting in Ukraine’ Regarding the Simplification of the Execution of Primary Documents for the Provision of Services” (Reg. No. 14023 dated September 8, 2025).

The Law, which enters into force on the first day of the month following the month of its official publication, is aimed at reducing the administrative burden on businesses by simplifying document flow — in particular, by allowing primary documents for the provision of services to bear the signature of only one person, namely the person responsible for carrying out the business transaction on behalf of the service provider.

Accordingly, provided that a primary document contains information on the date (or period) of the transaction, the absence of such details as the position, surname, and personal signature of the person responsible for the transaction on behalf of the customer of services (works) or the employer (lessee) shall not be considered a violation of the requirements for the execution of primary documents, on the condition that such documentation procedure is expressly stipulated in a written contract and that the business transactions are recorded in accounting in the period in which they are carried out.

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