“Diia City”: what will be the tax conditions in Ukraine

Wednesday, August 18, 2021
“Diia City”: what will be the tax conditions in Ukraine

The head of the Ministry of finance Mykhailo Fedorov believes that "Diia City" is one of the best tax systems in the world for IT companies

"We do not break what works well, we provide another opportunity to run your business comfortably and enjoy it. With Diia City taxes for IT companies, compared to the general taxation system, will be 5 times lower.

We do our best to keep Ukrainian technology companies and startups in their country, to have access to effective tools for growth and development. And the world's cool product IT companies have chosen Ukraine as a country with healthy competition and great opportunities. In turn, we will receive investment for this and a plus for the economy. It is estimated that Diia City will help increase the share of the IT industry in Ukraine's GDP by up to 10%.

I am confident that with Diia City Ukraine will become a powerful IT hub in Eastern and Central Europe. Thank you to the President and deputies for their support. I am sure that everything will work out," Mykhailo Fedorov wrote.

It is possible to compare IT market countries that compete on tax terms.

The annual taxation amount with Diia is lower than in India.
⁃ Estonia $103 120
⁃ Poland $101,370
⁃ Russia Skolkovo $45 360
⁃ Belarus HTP $43,501
⁃ Kazakhstan Astana HUB $27 720
⁃ USA Delaware $26,115
⁃ India $20,620
⁃ Ukraine general conditions $74 220
⁃ Ukraine Diia City $18,361

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