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The Verkhovna Rada passed in the second reading bills №5688 and №5689, which provide a number of new tax and customs benefits for industrial parks, MP Yaroslav Zhelezniak wrote in his Telegram.
236 and 230 deputies, respectively, voted for the bills №5688 and №5689.
“VAT has now been abolished on the import of new equipment. Also, residents of the industrial park exempted from income tax for 10 years,” he wrote following a parliamentary session on Tuesday.
On April 19, the Committee on Tax and Financial Policy of Verkhovna Rada amended and supported in the second reading the bills №5688 and №5689.
The following amendments have been made to the bills:
Bills №5688 “On Amendments to the Tax Code of Ukraine on Creating Favorable Conditions for Attracting Large-Scale Investments in Industrial Production” and №5689 “On Amendments to the Customs Code on Creating Favorable Conditions for Attracting Large-Scale Investments in Industrial Production” include:
Both bills were registered in June 2021.
In early September 2021, on the first day of the sixth session, the Verkhovna Rada adopted in second reading bill №4416-1 “On Amendments to the Law of Ukraine “On Industrial Parks “, which provides a number of investment incentives for the residents of industrial parks.
Bill №4416-1 provides compensation of the cost of connection to electricity networks and other communications of 50% and compensation from the state budget share of capital investment from 15% to 70% in the first three years, depending on exports, for the residents of industrial parks.
In October, Ukrainian President Volodymyr Zelensky signed the law, and the document officially entered into force.
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