The American Chamber of Commerce in Ukraine welcomes the adoption of Draft Law #5376 “On Amendments to the Tax Code of Ukraine on Stimulating Digital Economy Development in Ukraine” (Draft Law) by the Verkhovna Rada of Ukraine on December 14, 2021.
The Draft Law is a part of a legislation package introducing special legal and tax regime for the IT industry – Diia City, and defines taxation peculiarities for the regime residents.
AmCham members welcome the proposed ideas and conditions of tax rates for employees (including gig specialists) of Diia City residents, in particular:
- 5% personal income tax rate on income payments
- single social contribution rate in the amount of 22% from one minimum wage when paying income; as well as
- possibility to choose between the payment of corporate income tax on a general basis and payment of so called special income tax of Diia City residents
The American Chamber of Commerce in Ukraine is grateful to the Members of Parliament for adopting this Draft Law with the business community’s proposals and member companies’ experts for professional support during the drafting process.
