Requirement for Diia City residents simplified during martial law

The Cabinet of Ministers of Ukraine decided to simplify the requirements and responsibilities that Diia City resident companies have. The changes will be effective at least during the period of martial law in Ukraine.

The changes are as follows:

–       Normally the minimum monthly remuneration requirement for employees and gig specialists in Diia City is the equivalent of EUR 1200 – complying with this requirement is not necessary.

–       Normally a Diia City resident should have at least nine employees or gig specialists to qualify as a resident – complying with this requirement is not necessary.

–       It is also not necessary to comply with the requirement regarding the amount of income from qualified sources, usually IT development activities, which normally is 90 percent.

The changes mean that Diia City residents which do not comply with the abovementioned requirements, will not be deprived of their resident status because of that during the martial law period.

Diia City residents are also exempted from the obligation to submit auditor´s reports of their Diia City mandated reporting. This is effective until January 1st of the calendar year following the year of termination of the martial law in Ukraine.

Recent Posts

Ukraine to Implement Tax Increases Starting December 1, 2024 - Leinonen
December 10, 2024

Ukraine to Implement Tax Increases Starting December 1, 2024

Ukraine’s new tax reform law, officially titled the “Law of Ukraine on Amendments to the Tax Code of Ukraine on Features of Taxation During Martial…

Continue reading
October 30, 2024

Taxation in Ukraine Changes Affecting Payroll Taxation

As companies adapt to new taxation measures introduced in Ukraine, they must account for significant changes in tax regulations, impacting accounting and payroll processes. The…

Continue reading
September 16, 2024

From September 1st, Inaccurate Information on Ultimate Beneficial Owners in the Unified State Register Will Be Fined

The Ministry of Justice reminds that the Law of Ukraine “On Prevention and Counteraction to Legalization (Laundering) of Proceeds of Crime, Financing of Terrorism, and…

Continue reading