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Ukraine Fast-Tracks Tax-Back Scheme for New Factories

by Roman Cheplyk
Wednesday, June 25, 2025
1 MIN
Ukraine Fast-Tracks Tax-Back Scheme for New Factories

Draft law would let industrial investors claw back up to 70 % of CAPEX via profit-, import- and property-tax offsets

Ukraine’s parliament has registered a landmark bill that mirrors EU investment incentives: manufacturers could reclaim a large share of capital expenditure through future tax liabilities.

How the mechanism works

CAPEX per project Tax-back ceiling Offset sources*
€100k – €1 m 70 % Profit tax, import VAT & duty on equipment, property/land tax
€1 m – €20 m 50 % Same as above
€20 m – €50 m 30 % Same as above

*Applicable to construction, networks, buildings, machinery and land‐acquisition costs in the processing industry.

Key features

  • Applies to expansions of existing plants as well as green-field builds.

  • Complements Ukraine’s current toolbox: 5-7-9 soft-loan program, €12 m+ “significant investment” regime, industrial-park perks and war-risk insurance.

  • Aligns Ukraine’s incentive stack with EU schemes that have already lured several relocated Ukrainian factories.

Co-author MP Dmytro Kysylevskyi urges industrialists to lobby for swift passage, calling the bill “a historic step to make producing, investing and exporting in Ukraine truly profitable.”

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