When a new company starts its operations in Ukraine with a new project, Ukrainian tax legislation is an important factor. The fundamental combination of corporate income tax in Ukraine and financial incentives make the country a reliable choice as a base for international transactions. Ukrainian tax authorities have a flexible and practical approach with an initiative approach.
Basic taxes in Ukraine and their rates:
18%
Corporate income tax
22%
Single social contribution
18%
Personal income tax
20%
Value added tax
Tax incentives:
01
exempt from import duty on equipment and equipment that will be imported into Ukraine for the implementation of investment projects (until January 1, 2035)
02
exempted from value added tax (VAT) transactions for the import of equipment (equipment) into Ukraine, components imported into it for the implementation of an investment project with significant investments
(until January 1, 2035)
03
exemption from income tax is provided after the commissioning of the investment project within five years within the term of the special investment agreement