State Regulation of the Shadow Economy: Civil Law Aspects

The legislation contains reference to the term ‘shadow economy’, referring it to the main challenges and threats to economic security. The basis of the shadow economy is defined as the legalization (laundering) of funds or other property obtained by criminal means. In judicial practice, there are references to individual parties to the dispute operating in the shadow sector of the economy. Legal science does not study the problems of the shadow economy so deeply, which is due to the complexity of this institution, its versatility, and the interdisciplinary nature of scientific knowledge. The author analyzes the institution of state regulation of the shadow economy, analyzes some approaches in legal science regarding economics and economic relations. The central role of the state in countering the shadow economy is noted. A thesis is put forward about the role of civil law in the fight against the shadow economy. The term ‘shadow digital economy’ is used. At the end of the article, conclusions are drawn.