Zelensky signs law on increased taxes for entrepreneurs starting January 1
Source: Rada.gov.ua
On Wednesday, Ukraine’s president Volodymyr Zelensky has signed Law No. 9319, which delays a new military tax hike for small businesses and single-tax payers to January 1, 2025. The updated law also introduces changes to the tax regime for Diia.City residents.
Under the new law, Diia.City conditions will become more accessible for small startups as it removed the earlier requirement to employ at least nine specialists to qualify for reduced personal income tax (PIT) rates of 5% and minimum single social contributions (SSC).
However, safeguards are in place to prevent abuse: startups that fail to meet the criteria by the end of their second year as a Diia.City resident will be required to pay the full PIT and SSC retrospectively.
The law also strengthens restrictions on companies with “Russian ties.” Entities with Russian residents in their structure will be not eligible for Diia.City residency, regardless of their place of residence or location.
The law came into effect on December 1, 2024, aiming to ensure the war-torn country can have more revenues during martial law.
Amendments to Ukraine’s enforcement proceedings legislation, initiated by the Ministry of Justice of Ukraine, have entered into force. Among other measures, the reform provides for the automated lifting of attachments on bank accounts immediately after debts in enforcement proceedings have been fully settled. The main practical benefit for citizens is the complete elimination of the need to contact an enforcement officer in person and wait for paper decisions once the debt has been paid.
The 157th Separate Mechanized Brigade has received another batch of supplies as part of Rinat Akhmetov’s Steel Front military initiative. This time, the military received seven quad bikes and four mobile shower and bath units.
In my previous column, I wrote about social innovations in Ukraine. Those innovations are part of civic resilience and the democratization of security, which Europe is paying close attention to right now. The EU is trying to work out how to spread responsibility for its own security across society as a whole, rather than leaving it to institutions alone. It is looking for concrete ways to bring ordinary people into the work of defense and resistance.
Petro Poroshenko’s lawyers have appealed to the High Anti-Corruption Court demanding that NABU be obligated to register proceedings regarding the fact of exerting influence on the court and to recognize Petro Poroshenko as a victim in the case of the Deputy Head of the Office of the President, Iryna Mudra, due to her pressure on Supreme Court judges who were considering a lawsuit to overturn sanctions.
Internationally recognized brands and financial institutions should direct capital to Ukraine now, not waiting for the hostilities to end. This was emphasized by Rinat Akhmetov, president of FC Shakhtar, during a working visit to UEFA headquarters in Nyon, Switzerland, where he met with UEFA President Aleksander Čeferin.