This document discusses operational and tax considerations for benefiting from government incentives in Ukraine. It provides an overview of popular class A and B business centers and coworking spaces in Kyiv, with rental rates ranging from $20-25 per square meter plus expenses. A key point discussed is Ukraine's concept of private entrepreneurs, which offers an effective tax incentive of 5% for research and development offices, compared to the normal 41.5% tax rate, and reduces the administrative burden of taxation. Intellectual property is also briefly mentioned.

1. OPERATIONAL AND TAX
CONSIDERATIONS: HOW TO BENEFIT
FROM GOVERNMENT INCENTIVES.
BY SERGEY OVCHARENKO

2. Overview
2

3. CUSTOMERS
3

4. Real Estate
4
TOP-10 popular class A BC in Kyiv
BC IQ BC Gulliver BC Leonardo BC Parus BC 101 Tower
BC Toronto BC Senator BC Eurasia BC Astarta BC Horizon
Rent - $25 USD sq.m/month + OPEX - $8 (without VAT)
Utility bills are paid separately – $3 per м2

5. Real Estate
5
TOP-10 popular class B BC in Kyiv
Rent - $20 USD sq.m/month + OPEX - $6 (without VAT)
Utility bills are paid separately – $3 per м2
BC Protasov BC Illinsky BC Prime BC Horizon Office Tower BC Olimpiyskiy
BC Karnegi BC Tower BC Protasov BC Forum BC «Karat»

6. Real Estate
6
Popular coworking spaces
Network «Creative Quarter»
Network «Regus»
«Unit city»
Rent from $350
USD/1
person +
VAT/month

7. CONCEPT OF PRIVATE ENTREPRENEURS
Unique model and one of the most significant benefits of Ukraine as the location for R&D offices
7
Effective tax incentive
41,5%
22% social security, 18% PIT, 1,5%
military tax
5%
Full time employment
Private entrepreneurs
Complex tax administration Lower administration burden

8. INTELLECTUAL PROPERTY
8

9. 9