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ARTICLE · 01 APRIL 2021

Competitive State Support For Investment Projects In Ukraine

State support of investment projects plays a significant role for both investor and the local community.

UkraineTax

State support of investment projects plays a significant role for both investor and the local community. Governments try to attract investments by different incentives: tax deductions, reimbursements, exemptions and state guarantees. On February 13, 2021, the newly introduced Law "On State Support for Investment Projects with Significant Investments in Ukraine" entered into force. Authorities believe the Law will secure foreign investors and stimulate investments in Ukraine. 

The Law introduces two new definitions: "an investor with significant investment" and "investment project with significant investments". The authorities plan to support both investors and projects by different legal and tax benefits. In a rough estimate,?the government support can be as high as 30%?of the value of an investment project. The support will cover: 

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