UkraineInvest: Weekly (February 15-22, 2021)

UkraineInvest: Weekly (February 15-22, 2021)


UkraineInvest has been designated as the primary point of contact providing support for investment in Ukraine

UkraineInvest’s mandate includes:
attracting foreign direct investment to Ukraine;
guiding investors through state support application process;
navigating local and national government relations;
assisting in overcoming hurdles to investment.
Address questions to the UkraineInvest team via 📩!

Find out more about the Law on State Support of Investment Projects with Significant Investmentsh

Boosting IT investments in Ukraine 
The Government of Ukraine is taking steps to unlock the potential of Ukraine’s IT sector.
#UkraineInvest’s team prepared an overview of the newly-announced amendments to Ukrainian tax, labor, corporate, IP and law enforcement legislation:
1️⃣ Special corporate income tax (CIT) regime for IT companies.
2️⃣ Special employment taxation regime for IT companies.
3️⃣ Virtual Economic Zone “Diia City”.
4️⃣ Model of gig-economy employment.
5️⃣ IP rights protection for IT companies employing gig-workers.
6️⃣ Access to legal elements of common law system.
7️⃣ Regulation of agreements with negative obligations.
8️⃣ Extra protection from interference. 

📩 Refer to for more detailed information.

Read more detailed information about the support of investors by UkraineInvest


United Arab Emirates and Ukraine sign memos and contracts worth $3 billion

As part of the official visit of Ukrainian President Volodymyr Zelensky to the United Arab Emirates, the Ukrainian delegation signed a number of memorandums and contracts totaling $3 billion or more. In particular, memorandums of understanding were signed between the State Property Fund of Ukraine and the Mubadala investment company. 
The parties are aimed at deepening cooperation in the development of promising investment projects and the participation of the Emirate side in the program of privatization of state-owned property in Ukraine.

Ukraine and Japan start to negotiate free trade agreement

Sergiy Korsunsky, Ukrainian Ambassador to Japan concerned the beginning of negotiations on a free trade agreement and updating the convention on the avoidance of double taxation. A draft of a new convention has been submitted to the Japanese side.
The diplomat expects that consultations on this matter will be completed soon


Ukraine can become a guarantor of food security in the UAE

During his visit to the UAE, President of Ukraine Volodymyr Zelenskyy told WAM, the Emirates News Agency: “We are among the world leaders in the export of wheat, corn and barley.”
Last year, Ukraine exported $252 million worth of food to the UAE. Zelenskiy noted that Ukraine’s pavilion at the World Expo that opens in Dubai in October will be shaped like a 15-meter high sheaf of wheat.

Industrial visa-free regime between Ukraine and the EU

Liberalization of trade between Ukraine and the EU and the integration of the country’s energy system into the European Network of Transmission System Operators for Electricity (ENTSO-E) are concrete Government steps for further European integration of Ukraine. 


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