New Rules for Business Support in Ukraine
· WOWERI
New rules for business support in Ukraine come into effect in July. This concerns preferential lending aimed at developing small and medium-sized businesses. The changes include new limit sums, reduced rates, and an expanded list of support areas.
New Rules for Business Support in Ukraine
As of July 2024, new rules for business support in Ukraine come into effect. This concerns preferential lending aimed at developing small and medium-sized businesses. The changes include new limit sums, reduced rates, and an expanded list of support areas.
What's Changed
- New limit sums: businesses can now receive loans of up to $20,000.
- Reduced rates: interest rates on loans have been lowered to 5% per annum.
- Expanded list of support areas: support is now available for businesses in areas such as manufacturing, services, trade, and more.
Who is Eligible for Support
Support is intended for small and medium-sized businesses registered in Ukraine that meet certain requirements. For more detailed information, it is recommended to contact the relevant authorities or consultants.
What to do next
- Ukraine Work Permit — Order
Not sure it fits? Consultation $150
Source: biz.ligazakon.net