Gov't introduces tax benefits for manufacturers of high-tech products

The decree introduces additional tax incentives for businesses that start producing high-tech electronics, including:

- Microprocessor modules for identification (RFID);
- Mobile phones, tablets, and their components;
- Computers, laptops, and their components;
- Printers, scanners, and copiers;
- Electronic data storage devices (e.g., memory units);
- Automated deposit machines (ADMs);
- Components for electronic devices (e.g., semiconductors, microchips, chips, solar panel cells, etc.);
- Medical equipment (e.g., MRI machines, X-ray devices);
- Robotics and unmanned aerial vehicles (UAVs);
- High-value-added copper products (e.g., foil, printed circuit boards, electric vehicle charging devices);
- Technological machines, components, and spare parts;
- Molds for machinery;
- Batteries and inverters for electric vehicles, as well as solar and wind power plants.

Income derived from the production of these products will be exempt from profit tax for three years after production begins. Additionally, businesses in these sectors will not pay land tax for industrial properties.

The Ministry of Economy and Finance, in cooperation with the Tax Committee, has been tasked with developing a draft amendment to the Tax Code to formalize these benefits. The goal is to submit the draft to the Cabinet of Ministers within two months.

Furthermore, the president has instructed to secure reserved quotas with international logistics companies for the supply of materials used in electrical engineering production. This will involve 3,750 containers, primarily from China.