LEGAL GROUNDS FOR CARRYING OUT BUSINESS ACTIVITIES UNDER THE CONDITIONS OF MARITAL STATE

Abstract

Abstract. The article explores the specifics of conducting business activities under martial law. On February 24, 2022, martial law was declared in Ukraine, resulting in many business entities losing the ability to operate in their usual manner. This was due to hostilities, economic factors, and territorial occupation. Consequently, safeguarding Ukraine’s territorial integrity and sovereignty has become crucial. Thus, ensuring proper legal regulation of business activity emerges as a top priority, aligning with national interests in security and defense. Conducting business under martial law necessitates dedicated, focused research, as it represents a new domain for our relatively young independent state. A business entity, whether a private entrepreneur or a legal entity, striving to mitigate adverse economic effects and ensure survival in today’s harsh realities, must forge partnerships with other entities and management objects. The principle of collaborating with other business entities enables swift resolution of production issues, pooling resources based on industry, regional, and personnel characteristics, including goods in demand since the onset of martial law. The article is aimed at examining the intricacies of conducting business activities in Ukraine post the declaration of martial law on February 24, 2022. Operating under martial law poses significant challenges, yet it is indispensable for supporting the national economy, generating employment opportunities, and expanding production of essential goods, services, and works in current circumstances. Equally crucial is tax compliance, as it bolsters the state budget and specifically supports the defense sector. The legislative framework governing private entrepreneurs and legal entities conducting business under martial law was scrutinized. An analysis of judicial precedents concerning the fulfillment or non-fulfillment of contractual obligations under «force majeure» conditions and their impact on pre-martial law contracts was conducted. The article also presents personal viewpoints and suggestions for enhancing Ukraine’s existing legislation concerning business activities under martial law.