Inside a prison where Russia tortured Ukrainian POWs
The Olenivka POW camp, located in the Russian-occupied part of Donetsk Oblast, was a notorious Russian-controlled prison where Ukrainian prisoners of war and civilian hostages from Mariupol have been subjected to torture. The Kyiv Independent’s War Crimes Investigations Unit will name those responsible for torturing prisoners in Olenivka.
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Number of individual entrepreneurs continued increasing sharply in 2021

by Victoria Petryk December 21, 2021 4:01 PM 1 min read
In 2021, 85,000 new private entrepreneurs were registered in Ukraine. (Pixabay)
This audio is created with AI assistance

The number of workers who operate as individual entrepreneurs in Ukraine has hit a five-year high of 2 million, monitoring service Opendatabot reported on Dec. 20.

In the first 11 months of 2021, a total of 85,000 new people registered as individual entrepreneurs, continuing a growing trend that's been going on since 2016, which only saw a downturn because thousands of inactive registrations were revoked, according to Opendatabot.

An individual entrepreneur, also known as a sole proprietor and by its Ukrainian abbreviation FOP, is a simple and flexible business structure in Ukraine. Compared to employees with full labor contracts, an individual entrepreneur and those who hire them enjoy considerable tax savings. It's a very popular way of hiring employees for Ukrainian companies, including in the country's large IT industry. That can change soon.

The growth in the number of individual entrepreneurs has slowed down in 2020 due to the quarantine lockdowns.

There are, however, ongoing concerns about a law that requires some categories of individual entrepreneurs to use point-of-sale terminals starting in January 2022. Entrepreneurs said this requirement would burden them unfairly and held numerous protests against it. A vote to delay the implementation of this law failed to garner enough votes in parliament on Dec. 17.

In 2020 private entrepreneurs contributed $1.93 billion (Hr 52.5 billion) in taxes to the Ukrainian budget, Opendatabot reported.

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