LEGAL SECURITY OF ENTREPRENEURIAL ACTIVITIES

Abstract

The article examines the transformation of the legal support for entrepreneurial activity in Ukraine in the context of the abolition of the Commercial Code of Ukraine and the reorientation of legal regulation to the plane of private law. The need to rethink the role of administrative law and the state in ensuring entrepreneurship from the standpoint of a human-centric model of public administration is substantiated. Attention is focused on the problem of achieving a balance between the public interests of the state and the private interests of business entities, in particular by limiting the discretionary powers of government bodies, improving administrative procedures, and increasing the predictability of management decisions. It is emphasized that administrative law in modern conditions should perform not only regulatory, but also guarantee and compensatory functions, forming a comprehensive mechanism for legal support of entrepreneurial activity. Special attention is paid to the growth of entrepreneurs’ responsibility for business organization, in particular in the field of corporate governance and making collective management decisions. It is concluded that an effective model of interaction between the state and business is possible only under the conditions of a combination of human-centric principles of public administration, proper administrative and procedural support, and an increase in the legal culture of both officials and business entities.