Special tax regime for IT industry approved by the President
As previously reported, tax incentive measures for IT companies were expected to be approved by the President.
On 31 July 2012, the President signed Law No. 5091 for introducing the special tax regime applicable to qualifying IT companies in Ukraine.
Under this law, a VAT exemption and a reduced corporate tax rate of 5% will be applicable with effect from 1 January 2013. This regime appli…