President of Ukraine Volodymyr Zelensky has announced on Monday that the government has developed a business support package which will exempt them from paying a number of taxes for the period of martial law and at least a year after it ends,
Zelensky said in a video message on Monday, “A special package of assistance to businesses and employees has been created.
“Individual entrepreneurs of the first and second groups are completely exempt from social security tax.
“Enterprises and individual entrepreneurs of the third group are exempt from paying social security tax for employees who were drafted into the ranks of the Armed Forces of Ukraine and other protective formations, including those of territorial defense.”
The exemption from payment of land tax and rent for land of state municipal property is also provided in all territories of Ukraine.
The President stressed that the government are working on the future restoration of the state and the tax exemption will be valid for the period of martial law, for at least another year after its completion.
Zelensky also added that a tax deferral is provided for all enterprises that cannot pay them, “and this is only the first part of a large assistance package.”
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