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Taras Rozputenko: Revocation of State Registration Certificate fails to better entrepreneurs’ lives

Kyiv. April 8, 2011

If the certificate of state registration of the legal entities and individual entrepreneurs is cancelled the life is not suddenly better for entrepreneurs, what will really make it easier is Internet access to the Unified State Register of Legal Entities and Individual Entrepreneurs, considers Taras Rozputenko, an associate with Volkov and Partners Law Firm.
"At present, an information database can be accessed via any computer connected to the Internet. In Great Britain, the Internet is the way to access the documents similar to those kept in the Unified State Register, in particular, right at the web-site of the relative state agency," commented Mr. Rozputenko to "Interfax-Ukraine" Agency concerning the law adopted by the government and canceling the certificate of state registration.
The Lawyer believes, the entrepreneurs have to prove their registration only electronically via the Internet, instead of obtaining the extract from the Unified State Register.
"It would be logical to exclude an entrepreneur from the chain of data exchange between the Unified State Register, entrepreneur and any state agency that requires a confirmation of such entrepreneur’s registration, and to entrust the said state agency to obtain the information from the Unified State Register,” Mr. Rozputenko noted.
In turn, Senior Associate with AstapovLawyers International Law Group Volodymyr Yakubovskyy emphasized that in case of cancellation of the state registration certification and simplification of licensing system to obtain corporate seals, articles of association becomes a key corporate attribute needed to be closely watched out to manage a company.
Reportedly, the Law “On Abolition of the Certification of Business Entity Registration” adopted by the Parliament on Thursday waives such certification and prescribes to use directly the data excerpted from Unified State Register of Legal Entities and Individual Entrepreneurs to confirm such registration. Such excerpt is given for free.
If a status of a person needs to be certified by some document, such person may use an excerpt of the Unified State Register of Legal Entities and Individual Entrepreneurs or its copy. Alongside, a notarization of such copy is offered to be waived as the criminal legislation imposes the responsibility for consistency of the provided data on a person that submitted such data.

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