Nearly 70% of Ukrainian exporters are receiving automatic VAT refuds already, President Viktor Yanukovych said at Ukrainian-Lithuanian Business Forum.

"We are increasing the number of such enterprises," he said, reminding of the existence of a set of clear criteria for a business to be eligible to automatic VAT refunds, ForUm learned from the presidential press office.

"We are working to deregulate different processes in the state. This process is painful, as it is aimed against corruption. However, this process continues," said the President.

According to Viktor Yanukovych, the government is making every effort to reduce the number of regulatory acts.


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