President of Ukraine Volodymyr Zelenskyy signed laws on preferential customs clearance of cars with European license plates.
This was reported by the press service of the President"s Office.
He also signed a law amending the Customs Code of Ukraine.
These laws temporarily simplify the customs clearance mechanism for cars imported from Europe, as well as help to protect the environment from harmful emissions.
According to the documents, used cars with European registration over five years old, which were imported into the territory of Ukraine by the end of 2020, are taxed at a preferential rate of value-added tax and excise tax.
The amount of excise tax will depend on the age of the car, volume, and type of engine and will not depend on its value.
The base rate will range from zero to 150 euros, and in most cases, the cost of customs clearance will not exceed 1000 euros.
Such cars are temporarily exempted from import duties.
One car of one category of one owner can be cleared by the preferential mechanism.
The preferential customs clearance is given 180 days from the date of entry into force of the laws.