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06 Feb. 2024

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Ukraine has simplified conditions for large investors: what is changing

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Ukraine has simplified conditions for large investors: what is changing

The new government decree not only simplifies the conditions for investors, but also introduces a number of key changes aimed at stimulating investment activity in the country. One of these changes is the revision of the procedures for feasibility studies of investment projects, making them more accessible and understandable. Find out more about why this is an important step

Apply for an insurance policy covering military risks for entry and stay in Ukraine
Apply for an insurance policy covering military risks for entry and stay in Ukraine
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The Cabinet of Ministers has adopted a new resolution to improve the mechanism of state support for large investment projects. This was announced by Prime Minister Denys Shmyhal, the Government Portal reports.


The update includes a revision of the feasibility study of investment projects and the adoption of a new approach to this process.

Real estate investment in times of war: how to survive in war-torn Ukraine and other parts of the world - read here.


What changes are expected?


The Prime Minister emphasized that a number of provisions, including the requirements for economic analysis and social assessment of projects, will be simplified and corrected, and the requirements for the financial solvency of applicants will be relaxed.


Shmyhal also noted that companies willing to invest more than €12 million and create new jobs will receive maximum support and special conditions, including tax breaks, regulatory relief and support at the project implementation level.


"This includes tax benefits, regulatory relief, and support at the project implementation level," the Prime Minister emphasized.




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Why is it important?


The main goal is to stimulate the launch of more investment projects that will create new jobs and strengthen the economy and communities.


"One of the key tasks in the economy for the current year is to increase foreign investment in Ukraine. To achieve this goal, we are working with our partners and constantly improving the conditions for investment projects," the Prime Minister emphasized.

Remember that reliable health insurance is a guarantee of confidence and security. After all, an insurance policy will not only help you get high-quality medical care, but also save your own money in an unforeseen situation. In particular, during the war.


You can buy insurance on the Visit Ukraine website. We offer health insurance policies for Ukrainians planning a trip abroad or staying at home, and military risk insurance for foreigners traveling to Ukraine.

We remind you!
Earlier, we wrote that the government has authorized insurance against military risks for investments of both Ukrainian and foreign companies. According to the adopted draft law, the Export Credit Agency (ECA) is authorized to insure against risks associated with armed aggression, hostilities and terrorism. Read more about how it works in our article.

Want to know more? Read the latest news and useful materials about Ukraine and the world in the News section.




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