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The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
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Ukraine > Legal Developments > Law firm and leading lawyer rankings

Editorial

Ukraine Introduces Tax Incentives for IT Industry

August 2012 - Tax & Private Client. Legal Developments by Avellum.

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On 5 July 2012, the Parliament of Ukraine adopted the Law Of Ukraine “On Amending Section XX “Transitional Provisions” of the Tax Code of Ukraine on Peculiarities of Taxation of Software Companies” (the “Law”). The Law came into force on 3 August 2012. The tax incentives introduced by the Law provide for a very favourable tax regime for companies operating in the IT industry and are likely to be widely used by national and international businesses. Below we provide the brief description of the incentives introduced by the Law.

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