An important decision on industrial parks was adopted today by the Cabinet of Ministers. This was announced on his Facebook page by People's Deputy (Servant of the People faction), Deputy Chairman of the Verkhovna Rada Committee on Economic Development Dmitry Kisilevsky.

[see_also ids\u003d"

According to him, we are talking about the procedure for exempting industrial equipment from import duties and import VAT.. This is one of the incentives provided to participants of industrial parks.

Kisilevsky also noted that the resolution was adopted in pursuance of the recently adopted bills, the author of which is him..

The procedure adopted by the Cabinet of Ministers establishes an algorithm of actions for a participant in an industrial park (IP) and state authorities for the import and intended use of equipment, a list of which is contained in the law.

“In fact, from today, participants in industrial parks can import such equipment under a new procedure - without import VAT and duties,” Kisilevsky emphasizes..

According to him, in order to receive incentives, the industrial park must be entered in the Register, and the imported equipment must be used exclusively within the industrial park without the right to rent, lease or transfer for use on any other terms for a period of 5 years. This is a special safety device prescribed in the Law to avoid abuse, the people's deputy emphasizes..

“Let me remind you that according to the new legislation, the following tax and customs incentives are provided for industrial parks:.

exemption from VAT and duties on the import of new equipment,.

exemption from income tax for 10 years,.

granting the right to local governments to establish preferential rates of real estate tax and land payment.

While the government is developing by-laws, more and more communities are initiating the creation of industrial parks, preparing and submitting documents for inclusion in the Register, and conducting substantive negotiations with investors.

“These processes are especially active in the west of the country, where the impact of the war is less. The main interest of the communities in the creation of industrial parks is new jobs and tax revenues from the income tax of citizens,” notes Kisilevsky.

According to him, industrial parks are needed to build a strong economy even in times of war and rapid post-war recovery..

In mid-July, the Cabinet of Ministers adopted a resolution on the creation of two industrial parks: Khotyn Invest and Energy Bukovyna.

We also recall that on June 21, the Verkhovna Rada introduced tax and customs benefits for industrial parks. In general, 236 and 230 people's deputies voted for bills No. 5688 and No. 5689, respectively..