Tax incentives for investors

The Supreme Council adopted amendments to the law on state support measures for legal entities implementing a public-private partnership agreement, which is aimed at creating attractive conditions for investment last December.

The Committee on Economic Policy, Budget and Finance considered additional preferences for investors in the framework of public-private partnership projects. They involve the establishment of a single social tax rate of 14% of payments accrued in favor of employees of organizations that finance a public-private partnership project.

Amendments and additions are made to the laws "On the Unified Social Tax and Mandatory Insurance Contribution" and "On Public-Private Partnership".

The adoption of the legislations will improve the investment climate of the state, the deputies of the relevant committee noted.