President of Ukraine

President commends parliamentary approval of important laws on digital passports, support for entrepreneurs, stimulation of income de-shadowing, funding of the Ministry of Agrarian Policy

30 March 2021 - 19:10

The Verkhovna Rada held a successful and productive extraordinary session, said President Volodymyr Zelenskyy. In particular, he noted that the parliament had approved a number of important bills needed by Ukrainian citizens and businesses.

Among other things, the Head of State considers it a great success to adopt in the second reading the law on digital passports, which legally equates the digital biometric international passport and ID-card in Diia mobile application to ordinary passports.

Ukraine has become the first country in the world to legalize e-passports.

"It will greatly simplify the lives of citizens and start a large-scale digitization of business and the state. In addition, digital passports are much safer and more convenient than paper ones. We have created a unique world case that we can and should be proud of. We are building a state in a smartphone,” the President said.

The parliament also approved the presidential bill on financial support for entrepreneurs who are forced to stop their activities due to quarantine restrictions in the "red" zones. In particular, on the guaranteed payment of support from the state budget in the amount of UAH 8,000 for sole proprietors and employees whose activities are limited due to lockdown.

The President also commends the adoption of a package of bills on "tax amnesty", including his proposed bill on the voluntary declaration of assets of individuals from July 1, 2021 to July 1, 2022. Individuals will have to pay a one-time fee: 5% - for assets placed on the accounts of Ukrainian banks; 9% - for those placed abroad; 2.5% - for the value of government bonds purchased in the period from January 1, 2021 to June 20, 2022. This is a powerful step towards de-shadowing Ukraine's economy, the President said.

In addition, voting for the bill, which provides budget funding for the Ministry of Agrarian Policy, is also important.

"The Verkhovna Rada has shown that it can work in the interests of citizens and for the sake of strengthening our state even in such difficult conditions as the pandemic and lockdown," Volodymyr Zelenskyy stressed.

The MPs also passed the law that will unblock large-scale privatization and allow for sustainable investment in Ukraine's economy, create new jobs and a tax base.