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    Ukrainian law bills

    Review of Draft Laws as of 29/12/2024 1. Draft Law No. 5678 “On Amendments to the Tax Code of Ukraine” Purpose: Introducing tax incentives for small and medium-sized enterprises, simplifying tax administration, and reducing the tax burden on businesses. Key Provisions: – Reduction of single tax rates for individual entrepreneurs – Expansion of tax benefits for innovative enterprises – Simplification of tax reporting procedures – Introduction of additional tax credits for investments in technological development 2. Draft Law No. 9012 “On Cybersecurity and Digital Infrastructure Protection” Purpose: Enhancing national cybersecurity mechanisms and establishing comprehensive regulations for digital infrastructure protection. Key Provisions: – Defining critical information infrastructure objects – Establishing mandatory cybersecurity standards for government and private sector entities – Creating a national cybersecurity incident response system – Introducing liability for cybersecurity violations 3. Draft Law No. 3456 “On Environmental Protection and Sustainable Development” Purpose: Strengthening environmental regulations and promoting sustainable development practices. Key Provisions: – Introducing stricter environmental standards for industrial enterprises – Establishing mechanisms for carbon emissions reduction – Providing economic incentives for green technologies – Expanding renewable energy support programs Recommendations: Further legislative analysis and expert consultation recommended.

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