Shevhenko Lyubov, Candidate of Economic Sciences, Head of the Department of Finance, Accounting and Taxation, Donetsk National University of Economics and Trade named after Mykhailo Tugan-Baranovsky, Kryvyi Rih, Ukraine

ORCID ID: 0000-0003-2188-1735
e-mail: shevchenko@donnuet.edu.uа

Muliava Valeriia, applicant for higher education, Educational and Scientific Institute of Economics of Management and Administration, Donetsk National University of Economics and Trade named after Mykhailo Tugan-Baranovsky, Kryvyi Rih, Ukraine

ORCID ID: 0000-0003-0294-9925
e-mail: mulyava@donnuet.edu.ua

Development оf Leasing Operations іn Ukraine

Abstract. Introduction. Leasing is a progressive form of investment. Such an alternative to credit in the purchase of equipment, cars and real estate is becoming increasingly popular in Ukraine, while in world practice, leasing has long been used in business. As the prospects for the development of leasing in the world are growing, the issue of leasing operations in Ukraine occupies an important place.

Purpose. The purpose of the article is to determine the essence, content and functions of leasing operations in Ukraine. Analysis of the main advantages and disadvantages of leasing operations in Ukraine, possible leasing solutions and prospects for their further development.

Results. As a result of the study, the essence, content and functions of leasing transactions were determined, the new law “On Amendments to the Tax Code of Ukraine to eliminate contradictions and clarify the definition of leasing (lease) transactions” was studied and analyzed.
The main advantages and disadvantages of leasing operations in Ukraine, possible leasing solutions and prospects for their further development are presented.
The relevance of the chosen topic is due to the fact that leasing as a type of financial service is widely used in modern business and allows you to update the production assets of the organization without significant financial costs, while in world practice leasing has long been used in business.

Conclusions. Leasing allows you to effectively attract external funds from an economic point of view and develop your business without unjustified costs. Today leasing is one of the main financial instruments that allow for significant capital investments in the development of material and technical base of any production. First of all, managers use leasing as a product that allows you to optimize taxation on several indicators. In addition, many entrepreneurs, using leasing, receive subsidies under contracts, reimbursement of part of the costs of the amount of the advance and interest on the lease. Although the development of leasing operations in Ukraine is still in its infancy, the Ukrainian leasing market has great prospects for its further development.

Keywords: leasing; leasing activities; leasing operations; financial leasing; lessee.

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