1. The State Tax Service and the business community have formulated revisions to the procedure for registering and obstructing VAT invoices. Novel indicators have been introduced, which will influence the registration/blocking of VAT invoices and the tax history of businesses. Specifically, this encompasses the company’s settlement of all taxes and Single Social Contribution (SSC), along with the aggregate sum of VAT invoices recorded over the prior 12 months.

2. In the Ukrainian market, there are around 800,000 installations of the Russian-produced “1C” management software, which poses risks in times of conflict as it might inadvertently support the aggressor country. Entrepreneurs are advised to meticulously assess their requirements and involve IT consultants to choose an alternative ERP system.

3. Starting from October 1, the application of penalty measures for not using cash registers will be reinstated for all entrepreneurs and companies involved in trade, operating in the domain of public catering, or offering services. Nevertheless, liability for infringements committed between January 1, 2022, and September 30, 2023, inclusive, will be voided.

4. The state-owned “PrivatBank” continues to broaden the array of services for businesses. Financial institutions and entrepreneurs will now be capable of evaluating potential financial risks associated with collaboration with other companies online. This novel tool is termed the “Business Reputation Dossier,” accessible through the “Privat24 for Business” mobile application or its web version.

5. Numerous companies across different countries encountered vehement resistance when summoning employees back to office work. Experts recommend: if you desire employees to return to office premises, furnish them with individual offices instead of the unpopular open space, which hampers communication skills and fails to boost productivity.

6. “Kronospan” has presented clients with a user-friendly marketing tool, akin to a compact version of the Art Deco book. Dubbed the Kronodesign® Decor Chart, this diagram showcases all decors from the Global Range 2023-2027 on samples of HPL, HDF, and Compact panels in various formats. This marketing material can be conveniently hung on walls.

7. Recently, 500 representatives of the global furniture industry convened in Dongguan, China for the annual assembly of the World Furniture Confederation, to display a spirit of optimism in arduous times (even in China, furniture consumption dwindled by 11 percent last year) and to explore the outlook for global market expansion.

8. Italian furniture brand “Horm,” in collaboration with American designer Dror Benchetrit, has developed a chair echoing the aesthetics of “rough architecture.” The novelty, “Mass Pressure,” resembles an unconventional construction made from concrete blocks. Despite its rugged appearance, this chair is composed of a cubic meter of dense foam affixed to a metal frame.

9. “Ingka Group” suspended the operations of “IKEA” stores in Russia in March of the preceding year and subsequently divested itself of its furniture-producing factories. Currently, it is contemplating the possibility of selling its 14 “Mega” shopping centres located across different regions of Russia, where “IKEA” stores operated.

10. Near Aix-en-Provence, within the art park “Château La Coste,” iconic pieces by French designer Pierre Paulin are exhibited in dialogue with the architecture of Brazilian architect Oscar Niemeyer as part of the special exposition “Pierre Paulin Program: Des idées courses, Des formas libres.”