for Investment Promotion
Rivne Oblast ranked 6th in the rating of comfort in doing business in Ukraine according to the Regional Doing Business Ranking 2018 ", designed by the Office of Effective Regulation (BRDO) and the Union of Ukrainian Entrepreneurs (SUE). Vinnitsa and Frankivsk region became the ranking leaders.
Of the 600 possible points in the three leaders entered, Rivne region gained 306 and divided the sixth place with the Chernihiv region. At the same time, the following rating experts gained the following ratings: Vinnytsya Region - 344, Frankivsk Region - 332 and Zhytomyr Region - 313 points.
The assessment was conducted using the adapted methodology of the World Bank based on a survey of domestic entrepreneurs. The focus is on studying the areas of interaction between entrepreneurs and authorities, namely:
- creation of an enterpriseі
- payment of local taxes;
- obtaining construction permits;
- registration of a land plot for a real estate object;
- connection to the utilities,
- quality of electronic services.
For the second consecutive year, BRDO makes recommendations to local governments to improve the conditions for starting and doing business, and this makes some progress. However, it is insignificant. Vinnichin has the largest increase and the number of points in the overall score. Zhytomyr Region is leading the company's creation component, now it can motivate entrepreneurs to move to them and open business. Chernihiv region is ready to compete for construction projects and has progress in land allocation. But the Kharkiv region and the Donetsk region are the most loyal to the business of paying taxes.