IFC issued a new survey on investment climate in Ukraine as viewed by private businesses. The main finding it that about 1% of GDP in 2008 was spent on compliance with numerous regulations. Here is the summary on the diagram:

The most problematic area is tax compliance. In this area, Ukraine is  #181 out of 183 countries in another survey, "Doing business: 2010"
Other government agencies that enormously complicate life of the entrepreneurs are those dealing with permits, inspections (fire inspectors are singled out as one of the most business unfriendly), and technical regulations:

According to IFC, most of the regulatory procedures are artificial and do not lead to higher safety, better quality, and tighter competition. To the contrary, Ukraine lags behind most countries in the region in terms of number of enterprises:

It also leads to negative dynamics in introducing innovations and new products: