Agrarian receipts came into force throughout Ukraine

Agrarian receipts came into force on 16.01.18 in each area of Ukraine. Such data was provided at the conference on these receipts in the Kyiv region.

According to the data, it is known that more than 1 billion hryvnias have already been received through these receipts. Such receipts in Ukraine can be authenticated by 58 notaries, but it was noted that to work more effectively, the number of legal structures that authenticate these receipts must be significantly increased, since in certain areas of the country it is difficult to find a notary to authenticate the receipt.

Now the main branches that attract significant investments are the agricultural sector, the cryptocurrency and alternative methods of electricity production.

The proper registration of land rights is a key and the basic condition for obtaining such a receipt.

This year, the Ministry of Justice stated that until the present moment there were no defaults on agricultural receipts, and in case they take place someday, the Ministry will do its best to launch reliable mechanism for insuring risks.

Note: The agrarian receipt means that the producer of agricultural products will settle with creditors with the future harvest, or in cash (after the harvest is sold). The guarantee for this receipt is the future harvest.