Tax benefits for entrepreneurs and legal entities remain in Kharkiv until the end of March 2026
The Kharkiv City Council, during an extraordinary meeting, decided to extend the benefits of paying local taxes and fees for individuals, entrepreneurs and legal entities until March 31, 2026. This was reported by the press service of the Kharkiv City Council.
Kharkov Mayor Igor Terekhov noted that the preferential regime will be maintained at least for the first quarter of next year. According to him, Kharkiv is currently the only city in Ukraine that has made such a decision.
He emphasized that it is fundamentally important for the city authorities to keep businesses in the city so that entrepreneurs can direct the saved funds to preserve existing and create new jobs, as well as to further develop their activities.
“We are keeping the benefits for the first quarter of next year. Today we are the only city in Ukraine that does this. It is very important for us that businesses remain in Kharkiv, that entrepreneurs direct the saved funds to preserve and create new jobs, and to develop,” – emphasized the mayor of Kharkiv, Igor Terekhov.
According to the current decisions of the city council, from April 1, 2024, tax obligations related to the calculation of rent for the use of municipal land plots have been canceled in Kharkiv. The land tax rate for individuals and legal entities is set at zero percent of the normative monetary assessment.
In addition, the city has a zero real estate tax rate, with the exception of land plots owned by legal entities. For single tax payers of the fourth group, a full, 100% reduction in tax liabilities is provided.
The city council emphasizes that the extension of benefits allows entrepreneurs to use financial resources more effectively, maintain economic stability, and adapt business to the difficult conditions of wartime.
Tax breaks for Kharkiv entrepreneurs were introduced last year, when the city council adopted a decision to exempt individuals-entrepreneurs of the fourth group from paying taxes on land, real estate, and the single tax.
