The Cabinet of Ministers of Ukraine has defined the state aid to undertakings compatibility criteria

The Cabinet of Ministers of Ukraine has defined the state aid to undertakings compatibility criteria

The new criteria will help to avoid the restriction of competition during state support to the regional development and the development of small and medium enterprises.

On February 7, 2018, the Government adopted another act on assessment criteria for compatibility of state aid to undertakings. At this time, the criteria related to state aid provided for regional development and support of medium and small enterprises.

The act adopted under the Law of Ukraine “On State Aid to Undertakings”.

It defines the purpose and forms in which state aid may be grant; categories of state aid recipients; the maximum intensity of state aid; eligible costs, etc.

The text of the decree of the Cabinet of Ministers of Ukraine dated February 7, 2018 No. 57 “On approval of compatibility assessment criteria of state aid to undertakings for regional development and support to small and medium enterprises” can be found at the link.

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