A campaign is being carried out to reduce overdue debt on foreign trade operations
Entrepreneurs are now able to use their own funds to pay off overdue accounts receivable from export transactions that arose before August 28, 2026. Effective January 1, 2027, fines for failure to ensure asset repatriation will also be halved in certain cases.
A campaign to reduce overdue debts on foreign trade transactions is underway.
Presidential Decree No. UP-176, dated August 27, 2026, "On Measures to Reduce Overdue Accounts Receivable on Foreign Trade Transactions," was adopted.
This document declares a one-time nationwide campaign, effective until January 1, 2027, granting businesses the right to use their own funds to pay off accounts receivable that arose due to failure to repatriate assets from export transactions within the established timeframe.
This campaign applies to accounts receivable that arose before August 28, 2026 (the effective date of the decree) as a result of the actual export of goods, works, or services under a foreign trade contract, but without the foreign counterparty making payment within the established timeframe, and that are reflected as overdue in the E-kontrakt information system.
This promotion does not apply to legal entities in whose authorized capital the state owns 50% or more.
This promotion allows the settlement of overdue accounts receivable by crediting the business entity's accounts in foreign currency through the servicing bank's cash desks without presenting a passenger customs declaration or the corresponding power of attorney. Once these funds are credited, the business entity's overdue accounts receivable amount is automatically reduced in the E-kontrakt information system proportionally to the amount of the credited funds.
At the same time, the uncollected portion of the fine for failure to ensure the repatriation of assets from foreign trade transactions is written off in proportion to the credited funds.
Furthermore, these funds are not recognized as foreign currency proceeds from the export of goods, works, and services and do not constitute grounds for applying the zero value-added tax rate.
Starting January 1, 2027, if at least one of the following circumstances occurs, the court will halve the fine for failure to ensure the repatriation of assets in foreign trade transactions:
This fine reduction does not apply to legal entities in whose authorized capital the state owns 50% or more.
The document was published in the National Legislation Database in the state language and entered into force on August 28, 2026.