News and developments
The Government Approves the Procedure for Using Funds to Support Investment Projects with Significant Investments
Conditions for receiving State Support
The total amount of state support can be up to 30% of the investment. Such support is available to investors planning to implement a project in Ukraine with an investment volume of at least EUR 12 million and a duration of up to 5 years in the following sectors: processing industry, extraction for further processing and/or enrichment of minerals, transport and logistics, education, scientific activities, healthcare, waste management, arts, culture, tourism, sports, and electronic communications.
Investors may receive several types of state support, subject to the above requirements, including:
Author: Illya Tkachuk
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- Preemptive rights to use state-owned or municipally owned land plots;
- Compensation for the costs of constructing engineering and transport infrastructure facilities, as well as costs associated with connecting to engineering and transport networks;
- Tax benefits;
- Duty-free importation of necessary equipment;
- Exemptions from compensation for forestry production losses.
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- 10 new jobs with salaries at least 50% higher than the average salary in the region for the same type of activity;
- Or 30 new jobs with salaries at least 30% higher than the average salary in the region for the same type of activity;
- Or 50 new jobs with salaries at least 15% higher than the average salary in the region for the same type of activity.
Author: Illya Tkachuk