During the full-scale military aggression in Ukraine, a number of investment incentives were put in place. These include, in particular, support for investment projects in accordance with the law on significant investments.
If a company invests more than 20 mln euros, it can receive support up to 30% of the CAPEX of such an investment in the forms of state support provided for by the law on significant investments (temporary exemption from corporate income tax, import duty rates and “imported” VAT, etc.). As of today, the Verkhovna Rada of Ukraine adopted draft law No. 8138 as a basis, which proposes, among other things, to lower the investment threshold in accordance with this law to 12 mln euros. This will open up more opportunities for European companies in the SME sector.
The spectrum of implementation of such projects is wide – processing industry, logistics, postal and courier activities, warehousing, mining industry, tourism and resort and recreation sphere, as well as other spheres that can be implemented in Ukraine.
The Executive Director of UkraineInvest said this at the Ukrainian-Slovak Business Forum “Restoring Ukraine”.
He thanked his colleagues from the Slovak government for their continued support and interest in rebuilding Ukraine.
“We are open to cooperation, and as of today, UkraineInvest has projects worth more than USD 2 billion in development. I urge the business community of Slovakia to contact us, we will help in finding business partners and financing,” said Sergiy Tsivkach.
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