The government offers incentives for “white” businesses: what it means and what benefits will be received

On April 20, 2024, the Verkhovna Rada of Ukraine approved draft law No. 11084 in the first reading, aimed at stimulating white-collar business. The draft law offers a number of benefits for taxpayers who are included in the special “List of taxpayers who meet the criteria for conscientious fulfillment of tax obligations”.

About this reported Yaroslav Zheleznyak, Deputy Chairman of the Committee and People’s Deputy from the “Golos” faction in Telegram.

The bill offers clear criteria for receiving benefits. Businesses that meet these criteria (for example, pay taxes above the industry average and provide high wages) will be able to receive a number of benefits.

Including:

• Lack of documentary checks by the tax service
• Shortened terms of camera and documentary checks when receiving budget compensation
• Individual tax consultations from the tax service.
• A personal compliance manager who will help the company with tax issues.