The Cabinet of Ministers has proposed to the Verkhovna Rada to reduce the ceiling cost of duty-free import of goods into Ukraine in hand luggage or accompanying baggage from EUR 1,000 to EUR 430 – for checkpoints at airports and seaports, as well as at the level of EUR 300 instead of EUR 500 – through other checkpoints.
In addition, the bill increases the period during which goods in connection with resettlement to a permanent place of residence in Ukraine are imported without customs duties to one year instead of current six months.
At the same time, the government bill proposes to exempt from taxation the import into the territory of Ukraine of fixed assets of companies that move their activities to Ukraine with the creation of a new enterprise.
In addition, the bill proposes to exempt from duties scientific equipment, devices, as well as other items of research activities not related to entrepreneurship.
