Corporate income tax exemptions in Ukraine available for renewable energy sector

For the period until 1 January 2020 following corporate profit tax exemptions are available in Ukraine for the renewable energy sector:

• production of electricity and/or heat from biofules;
• sale of electricity generated from renewable energy sources;
• sale of biofuels
• production and reconstruction of power plants, vechicles and agrivultual machinery that use biofues.
• reduction of 80% in the corporate profit tax for five years for the sale of equipment that operates on renewable energy sources and/or that is used for producing alternative fuels.