The Cabinet of Ministers of Ukraine signed two special investment agreements in October

The Cabinet of Ministers of Ukraine signed two special investment agreements in October

This is an important step towards creating a good investment climate and making it easier for significant investments to be made in Ukraine.

The state can provide support for investors in an amount of up to 30% of the capital expenditures (CAPEX) of the investment project. This includes, in particular, the following benefits:

  • exemption from income tax, VAT, and customs duties on the import of new equipment for the project;
  • reimbursement of costs related to the construction of infrastructure and connection to utility networks;
  • exemption from payments for losses related to forestry production;
  • exemption or reduction of land lease fees.

These incentives contribute to the activation of investment attraction and the development of strategically important sectors of Ukraine’s economy.

The Law of Ukraine “On State Support for Projects with Significant Investments in Ukraine” is the result of a legislative initiative of the President Volodymyr Zelenskyy. The law stipulates that state support will be provided for projects with a capital investments of at least EUR 12 million. 

UkraineInvest invites both Ukrainian and foreign investors interested in using Ukraine as a platform for successful investment projects to cooperate.

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