Full text of the law:

https://zakon.rada.gov.ua/laws/show/101-20

This law:

- decriminalizes fictitious entrepreneurship, namely, eliminates criminal liability for fictitious entrepreneurship - article 205 is excluded from the text of the Criminal Code of Ukraine;

- amounts for qualifications to criminalize tax evasion  are increased. Now, to prosecute under Part 1 of Art. 212 of the Criminal Code of Ukraine, the amount of tax evasion should be at least 3,000 tax-free minimum incomes of citizens (i.e. 2,881,500.00 UAH).

Accordingly, taking into account the principle of the reverse effect of norms by law, from September 25, 2019 tax evasion in the amount up to 2881 500.00 UAH will be not a crime and will be  not prosecuted by criminal law.

- establishes that “large amounts”of tax evasion and «especially large» are now considered, respectively, amounts that are 5,000 or more times of the tax-free minimum income of citizens (i.e. 4802 500.00 UAH.) and which are 7,000 or more times of the tax-free minimum income of citizens (i.e. 6 723 500,00 UAH).

 It should be added that in order to qualify a crime in accordance with paragraph 5 of subsection 1 of section XX of the Tax Code of Ukraine, the amount of the non-taxable minimum is set at the level of tax social benefits determined by subparagraph 169.1.1 of paragraph 169.1 of Article 169 of Section IV of this Code for the corresponding year. For 2019  it is 960.50 UAH