The procedure for re-registration of farms will be simplified for farmers

Re-registration of farms in another organizational and legal form will take place according to the maximally simplified procedure. Mykhailo Sokolov, advisor to the Minister of Agrarian Policy, said this, the press service of the Ministry of Agrarian Policy reports.
As noted, this will happen in the event of the adoption of the draft law "On the peculiarities of the regulation of entrepreneurial activity in the transition period" (No. 6013).
According to Mykhailo Sokolov, the amendments to the draft law prepared by the Ministry of Agrarian Policy will provide that this will be a purely formal procedure that will make the re-registration almost imperceptible and will allow, at the owners' request, to preserve both the name and the wording "farming".
Also, after re-registration, all property rights and lease rights will be preserved. This is a normal practice, and now the Ministry, together with people's deputies, is working on the maximum simplification of all possible procedures, so that farmers feel only the benefits of such changes.
The draft law, in particular, proposes:
in the event of reorganization, creditors may not demand to ensure the fulfillment of obligations by concluding pledge or surety agreements, early termination or fulfillment of obligations to the creditor and compensation for losses;
the business association (successor of the FG) may use licenses and other documents of a permissive nature obtained by the FG until their expiration date;
the right to permanent use of land plots, acquired by enterprises at the time of entry into force of the Law, is transferred to the economic partnership — the legal successor;
registration actions regarding the transformation of the FG into a business partnership and administrative services related to the re-registration of documents of a permissive nature, real rights to property, are carried out free of charge.