OREANDA-NEWS. On initiative of the State Committee for Entrepreneurship and Regulatory Policy during a Gov’t sitting held on March 5 an ordinance “On measures of stabilization of rent rates for the areas within trading zones, food and nonfood markets under conditions of the financial and economic crisis”.

According to head of the State Committee for Entrepreneurship and Regulatory Policy Olexandra Kuzhel, this document is of extreme importance for small and average business, especially under the crisis conditions when owners of trade areas raise rent rates with an aim to increase their own profits at the account of tenants-representatives of the mentioned business sector. “We have received thousands of complaints from every part of Ukraine with regards to excessive increase of rent rates,” the head of State Committee for Entrepreneurship and Regulatory Policy comments on the initiative.

Pursuant to the ordinance, which has passed public discussion, the Council of Autonomous Republic of Crimea, regional, Kyiv and Sevastopol municipal state administrations are regulating (determining) limits of payments for services provided not only by the markets, but trade centres and complexes etc. Besides, the instrument envisages boundary levels of prices, norms of profitability (in the amount not exceeding 20 percent) for the rent of trade areas, trade-technical equipment on trade objects and food and non-food markets.

The State Committee for Entrepreneurship and Regulatory Policy assures the approved document will enable to cease non-motivated growth of rent rates and assist to small and average business, which appears one of the main sources of filling the budget, to survive in rather complicated economic realities.