Launch of “Diia.City” in Ukraine

by Olha Povaliaieva
Wednesday, February 9, 2022
1 MIN
Launch of “Diia.City” in Ukraine

On February 8, during the "Diia Summit", the president of Ukraine announced the entry of foreign companies into a special Ukrainian tax and legal regime for IT companies

According to the president, Diia.City will increase the revenues of the IT sector in Ukraine to $16.5 billion and participation in the IT GDP of Ukraine from 4% to 10%.

"We want not only Ukrainian but also foreign companies to become Diia.City residents. And as far as I know, today both the first and the second well-known, advanced Belarusian and foreign companies will join Diia.City," Volodymyr Zelenskyy, president of Ukraine.

The first residents of Diia.City will be the British company Revolut and the world-famous Ukrainian SoftServe.

In addition to the launch of Diia.City, the Ministry of digital transformation of Ukraine, is currently developing a digital customs system and some other invest.com/investing-in-ukraine/starting-business-in-ukraine/start-a-project/" rel="dofollow">projects, the purpose of which is to “make Ukraine an IT hub”.

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