Ukraine’s parliament has registered draft law No. 15314, which proposes the creation of personal investment accounts for resident individuals. The initiative would amend the Tax Code and capital market legislation to support domestic investors and deepen the national market.
A personal investment account would be an analytical account inside an investment firm’s internal accounting system. It would record the money of a Ukrainian resident and the obligations connected with it. Each person would generally be allowed to have only one such account.
Tax relief tied to long-term holding
The draft allows clients to transfer up to 10,000 euros per month in hryvnia equivalent, calculated at the National Bank exchange rate at the start of the year. Funds could be invested in freely traded securities in Ukraine, agricultural financial and commodity notes, and other instruments defined by the securities regulator.
The key incentive is a special tax regime. Income from investments through these accounts, including gains from securities, dividends, interest and other investment income, would not be taxed if the money remains on the account for 1,095 calendar days. Early withdrawal would trigger taxation.
Investment firms would have to report account openings, closures and annual operations to tax authorities, with automatic data exchange. For Ukraine, the idea is to give households a clearer legal path into capital markets while keeping control, reporting and investor protection inside the regulated financial system.
