legalization.

A large number of possible negative consequences characterizes the shadow economy, namely: the economic crisis, the collapse, the growth of economic crimes, the destruction of business relations, the decline in production etc. All these effects stop and worsen the economic development of the country. The article aimed to evaluate the state and features of the shadow economy in Ukraine, to identify еру factors that affect its value and exploring possible actions to improve the current situation. In the article, authors reveal the concept of "shadow economy" and "shadowing".