State support for investment initiatives

State support for investment initiatives

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 investments, i.e. investments of EUR 12 million or more. 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. 

Through these initiatives, Ukraine is creating a favourable environment for investment. By providing investors not only with financial support but also with favourable business conditions, 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 the support of projects with significant investments, invites Ukrainian and foreign investors interested in Ukraine as a platform for the successful implementation of investment projects to cooperate.

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