President signs law abolishing investment tax

President signs law abolishing investment tax

President of Ukraine Volodymyr Zelensky has signed the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine on Encouraging Investment Activity in Ukraine."

The relevant announcement is posted on the Verkhovna Rada website.

This law abolishes the share contribution to the development of city infrastructure and aims to encourage investment.

The purpose of this document is, in general, to improve the investment climate in Ukraine in specific areas, which were selected as a result of a comprehensive assessment of the compliance of Ukrainian legislation with the best world practices described by the World Bank Group in its Doing Business rating methodology.


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