Investment Nanny Now Cheaper on €8 Mln

by Meifan Honcharuk
Monday, April 10, 2023
Investment Nanny Now Cheaper on €8 Mln

Parliament amended the law "On state support for investment projects" and expanded it to cooperation with medium-sized businesses

On April 10, the Ukrainian parliament voted to amend the law On state support for investment projects with Significant investments in Ukraine, known as the law On Investnannies. In short, the law provided several bonuses/privileges/compensations for a foreign businessman in his major investment project on the territory of Ukraine. The minimum investment to receive an investment nanny is €20 million. Since April 10, the amount of investments has decreased to €12 million, thus becoming affordable for representatives of medium-sized businesses.

What are other news:

  • Partial compensation for the construction of the enterprise and its infrastructure;
  • Opportunity to launch the project implementation upon making 25% of the investment and before signing the investment agreement;
  • Jobs — the number of mandatory employees decreased from 80 to 50;
  • The deadline for finalising documents for an application for participation in investment nannies without returning the entire portfolio has been extended.

By the end of 2021, the government of Ukraine received $2 billion worth of business applications in Ukraine. Unfortunately, most of them were rescheduled due to the war.

Contact GT Invest, and we will help you invest in Ukraine and develop your projects on the terms of investment nanny and without.

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