UkraineInvest Guide: State support of the investment projects with significant investments has been updated

The UkraineInvest team has updated the guide for potential investors ready to implement investment projects in Ukraine worth EUR 12 million or more.

The guide provides comprehensive information on state support for investment projects with significant investments, as well as on the mechanisms for companies to access a range of incentives and benefits.

In order to create a favourable investment climate in Ukraine, new investment legislation has come into force, which provides for state support for investment projects with significant investment, where the capital investment is at least EUR 12 million. The types of support that may be provided by the state to the investor in the amount of up to 30% of the capital expenditures (CAPEX) of the investment project include

benefits in the form of exemption from income tax, VAT and customs duties on the import of new equipment for the project;
compensation for the cost of building infrastructure and connecting to utility networks;
exemption from payment of forest losses;
exemption or reduction of land charges, which may be lower than those set by local authorities for investment projects with significant investment.

These incentives help to stimulate investment and development in strategically important sectors of the Ukrainian economy. By providing investors with not only financial support but also a favourable business environment, the government is proving that investment is a reality in times of war. Despite the challenges, the country retains its potential and prospects for investment development.

UkraineInvest, as an authorised institution for attracting and supporting projects with significant investments, invites Ukrainian and foreign investors interested in Ukraine as a platform for successful implementation of investment projects to cooperate.

“The state policy of supporting significant investments in Ukraine is taking new forms. On 4 October this year, the Government of Ukraine approved the signing of two special investment agreements, and on 11 October the first of them was signed between the First Vice Prime Minister and Minister of Economy of Ukraine, Yulia Svyrydenko, and the CEO of Astarta-Kyiv Agro Holding, Viktor Ivanchyk. This is an important step towards the creation of a favourable investment climate in the country and the practical implementation of the institutional capacity of UkraineInvest. The main priority of the UkraineInvest team is to promote investment and support significant investment projects in key sectors of the Ukrainian economy,” said Oleksandr Melnychenko, Acting Executive Director of UkraineInvest.

The guide is available here.

One of the most powerful ways to communicate that foreign businesses can and do operate successfully in Ukraine is through the voices that matter most to potential investors – those of other businesses.
We would like to invite you and your company to be featured on UkraineInvest’s web site as a “success story” of a foreign business operating in Ukraine.

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