"There are no strict requirements": Klyuchkovskyi explained how business can confirm war damages

The International Register of Damage for Ukraine does not establish a strict list of financial documentation that entrepreneurs must submit together with claims for damages. Companies are invited to independently describe the inflicted damage and add documents they consider necessary for its confirmation

This was stated by Markiyan Klyuchkovskyi, Executive Director of the International Register of Damage for Ukraine, on the "European Integration" project with Yuriy Fizer on Espreso and Slawa.TV.

He noted that 11 claim categories are currently open for business - in particular regarding destroyed property, lost profit, and relocation costs.

According to Klyuchkovskyi, establishing identical documentation requirements for all enterprises would be difficult due to the fundamental difference between claims.

"In these categories, the Register does not have strict requirements regarding what specific documentation needs to be provided," he explained.

Markiyan Klyuchkovskyi emphasized that both small enterprises and large industrial companies can submit claims.

"There can be a claim from a small enterprise, and there can be a claim from a huge company, a huge plant or factory, or a power plant. And both their documentation and the destruction itself can be fundamentally different," said the Executive Director of the Register of Damage.

Therefore, applicants are left with significant freedom in choosing how to confirm their losses.

"To a large extent, we leave this to the discretion of the applicants themselves. And we invite them to describe their claim and describe their damages, first of all, in the way they deem necessary, in the way they deem appropriate and possible," Markiyan Klyuchkovskyi noted.

According to Markiyan Klyuchkovskyi, especially large companies have more opportunities to prepare a detailed statement and form a package of supporting materials.

"A company, especially large business, will have more of an opportunity to even consult with lawyers or attorneys, even if they do not have their own in-house legal counsel, and, essentially, to formulate such a position and form a package of documents for submission to the register," he explained.

He added that precisely for this reason, the Register tries to be as flexible as possible in matters of documentary confirmation of business damages.

"Here we show much more flexibility and, essentially, give applicants the opportunity to form a claim in the way they deem appropriate," Markiyan Klyuchkovskyi summarized.