The article examines the application of alternative methods of protecting the rights of economic entities in Ukraine and in some countries of the European Union (hereinafter EU) and provides proposals for improving Ukrainian legislation regarding the legal regime of alternative methods of protecting the rights of economic entities and introducing innovations to provide access to alternative ways of protecting the rights of business entities, especially those that suffered as a result of russian aggression. The scientific novelty consists in the research of the relationship between the participants in the application of alternative methods of protecting the rights of economic entities in Ukraine and in some EU countries and providing proposals for improving Ukrainian legislation regarding alternative methods of protecting the rights of economic entities and introducing innovations to provide access to alternative methods protection of the rights of economic entities, especially those that suffered as a result of russian aggression. Based on the experience of individual EU member states and other developed states, the article proposed in Ukraine: 1) to create state centers that will provide services using alternative methods of protecting the rights of economic entities; 2) to develop a program to support the above-mentioned centers in terms of conducting popularization activities among Ukrainian economic entities, especially those affected by russian aggression; 3) to introduce an electronic platform, with the help of which economic entities and ordinary citizens could settle disputes in a pre-trial procedure, using alternative ways of protecting rights, etc.; 4) extend the jurisdiction of the International Commercial Arbitration Court at the Chamber of Commerce and Industry of Ukraine to disputes between Ukrainian economic entities.