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.