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Law on state support of significant investments
On 13 February 2021, the Law of Ukraine “On State Support of Investment Projects with Significant Investments” (the Law) entered into force. The Law, adopted by Parliament in December, was signed and actively promoted by the President. The Law provides benefits for investors investing into key sectors.
To qualify for investment benefits, an investment project must meet the following criteria:
- investment in excess of EUR 20 million
- creation of at least 80 new jobs with a 15 per cent higher salary than the average in the respective activity in the region; and
- investment must be carried out through a special purpose vehicle registered in Ukraine exclusively for the implementation of the investment project
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