Investment incentives

Ukrainian legislation provides not only state guarantees for investment protection but also various instruments to stimulate investment activity.

At the national level, this includes exemptions from value-added tax (VAT) and corporate income tax in cases defined by the Tax Code of Ukraine, as well as exemptions from import duties in cases specified by the Customs Code of Ukraine.

In addition, at the local level, investors may be granted benefits related to the payment of real estate tax, land tax, and land lease fees. The rates of local taxes and fees, established by local self-government authorities, are published on the website of the State Fiscal Service of Ukraine.

If investors carry out their activities within industrial parks, they receive the following benefits according to the Law of Ukraine "On Industrial Parks":

·       Exemption from import duty on equipment, components, and materials that are not produced in Ukraine and are imported for the purpose of setting up the industrial park and conducting business activities within it;

·       Exemption from the share contribution for the development of the settlement's infrastructure.
(According to the Law of Ukraine "On Regulation of Urban Development", this contribution involves transferring up to 10% of the total estimated cost of construction of the facility to the respective local budget.)