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Ukraine has introduced tax exemptions for the IT business, which will provide a quick upturn in the industry

Ukrainian IT industry

 Verkhovna Rada (Ukrainian parliament) adopted a law granting significant tax benefits for the IT-sector in Ukraine, the effect of which will provide a breakthrough in the development of high technology.

“Today, Ukraine is ranked 5th in the world of exporting of software. The adopted law will provide an opportunity in the coming years, double the volume of Ukrainian exports of IT-services. The positive impact will feel the entire economy, “- said Vice Prime Minister Sergey Tigipko.
·                Corporate income tax will be reduced from 21% to 5% from the beginning of 2013
·                Personal income tax – from 15% to 5%
·                Value added tax – repealed (but only on the software, which will be developed by Ukrainians)
·                The period of exemptions is 10 years, only long term preferences can give the desired effect.
The initiators of the law have estimated that its enactment will increase the number of jobs (a third part of a year) and increase the competitiveness of Ukrainian IT-companies. After all, today in many countries, payroll taxes are much lower than in Ukraine (in India – 6%, in Brazil – 10%, Russia – 14%), which did not allow employers to pay to Ukrainians the same high wages.  And this led to an outflow of Ukrainian professionals abroad. Now the situation has changed dramatically, and Ukraine has all chances to strengthen its position in the global IT-industry.
The government is also preparing measures to promote the development of IT-sector in Ukraine. Thus, the Cabinet of Ministers of Ukraine is ready to increase the government procurement for learning in higher educational establishments. 

Ukraine leads in Internet access

Internet access in Ukraine
“Ukraine – one of the most prosperous countries in the world for Internet access,” said Alexander Olshansky in the business breakfast CEO Club Ukraine January 24, 2013 in the President Hotel.
Referring to the statistics, the speaker noted that the 12 million Ukrainian Internet users spread across the territory of Ukraine is fairly evenly: “Today, the normal access to the Internet is in many villages. We have the infrastructure in this area is better than in Germany, and England. “Olshansky suggests that by 2014, 70% of the population will have access to the Internet. A quick burst will be associated with the emergence of all kinds of mobile devices, providing access to the Internet as an alternative to expensive PC.

The biggest IT conference in Eastern Europe – iForum

This year iForum attended by more than 7,000 participants. The conference placed their stands more than 50 major Ukrainian and international Internet companies, and was represented by a large number of local start-ups.
iForum brought together top officials IT, including such figures as Anton Nosik (SUP), Igor Ashmanov (AIP), Dmitry Sholomko(Google-Ukraine), Katerina Kostereva (Terrasoft). And also – creators such as Nikita Seltzer (Caramba TV) and Alexei Ametov (Look At Me).
iForum 2013 Ukraine Kiev

Forum traditionally reflects trends of the Network over the past year and sets the vectors of development for the future. iForum 2013 was no exception.
E-commerce, mobile applications and media market were the main trends of iForum 2013. Trending topics were also about freedom and restrictions on the Internet.
As always, 100% was filled stream of online advertising. Lead of stream Evgeny Shevchenko noted participants’ interest in the stability and increase the number of listeners.
On the technological stream rose topic of cloud computing, high-loaded systems and “mobile” development – outlined the future development trends Sergei Korzh, presenter of stream.
The head of the organizing committee Ol’shanskii said that changing the format of iForum was good for the conference, and the following year the organizing committee will move in the same direction.

Ukraine is among the top ten countries in Informatics


Ukraine Informatics
In the town of Sirmione (Italian Republic) was held The International disciplic Olympiad in Informatics. Of 324 participants from 81 countries have adequately presented Ukraine pupils and students having received prize places and won four medals.
Gold medal won  Sergei Nagin, student of the faculty of cybernetics of Kiev National University named after  Shevchenko. Silver medal got Vitaly Gerasimov, a student of Applied Mathematics and Computer Science of Lviv National University named after  Franco. the bronze medals  went to Roman Furko and Roman Rubanenko, pupils in grade 11 of Poltava Regional lyceum at Kremenchug Teachers College named after  Makarenko.
In the overall ranking Ukraine won 10th honorable place among the 86 participating countries.
All participants of the International Olympiad in Informatics got vivid impressions of staying in Italy, they are actively communicated with each other, and also visited some interesting excursions.
According to the materials: mon.gov.ua.

Innovation Technopark BIONIC Hill

The project to create in Ukraine High Technologies Park BIONIC Hill was initiated in 2011 with the support of Kyiv City State Administration by UDP – leading real estate development and investment market in Ukraine.
Innovation Technopark BIONIC Hill is a unique platform, which create the most favorable environment for the effective management and development business in the field of high technology. The key innovation specializations Park are information and communication technologies, biotechnology and pharmaceuticals, energy efficiency and energy conservation.

Bionic Hill Ukrainian Silicon Valley
The project concept
BIONIC Hill is an IT and hi-tech park located in a picturesque green area within Kyiv city limits.
A successful project uniting the frontiers of science with business and everyday life, respect and care for a unique and unspoiled slice of nature, an unprecedented standard of living and unrivalled chances for continual personal development – these are the main principles behind the BIONIC Hill concept.
BIONIC Hill Facts and Figures
·      International project
·      Tax and customs incentives
·      Support of the State Agency for Investment and National Projects of Ukraine and the Kyiv City Administration
·      Located in Kyiv
·      “Countryside” setting
·      “Live, work, learn, rest and play” concept
·      “Science – Business – Education” synergy
·      Office space rental considerably lower than in Kyiv
·      Land area: 147 Ha
·      Green area: 21 Ha
·      Total floor area: over 900,000 m2
·      Nearest railway station: 1.5 km
·      Kyiv Ring Road: 2.5 km
·      Kyiv Metro: 7.5 km
·      City centre: 17 km
·      Airport: 20 km
·      Business Centres: 225,000 m2
·      Research Centre and Specialised University 25,000 m2
·      Hi-tech production facilities: 75,000 m2
·      On-site hotel with conference facilities: 12,000 m2
·      Flats and other housing: 230,000 m2
·      Secondary school and kindergartens: 15,000 m2
·      Trade and Entertainment Complex: 15,000 m2
·      Fitness Centre with swimming pool: 3,000 m2
·      Car parks (12,500 spaces)
·      Work force of approx. 35,000
·      Approx. 10,000 residents
·      Approx. 2,000,000 people within 20 km
·      Information and Communication Technologies
·      Biotech and pharmaceuticals
·      Energy efficiency and green energy solutions

The project provides significant benefits on a national scale: it will create up to 35,000 jobs, revenues innovative companies-residents of the park will be about $ 900 million a year, while exports of products with high added value will exceed $ 600 million per year.
In addition, it is expected that BIONIC Hill in Ukraine will attract foreign direct investment and the world’s best technologies provide a new level of international scientific and technical cooperation, provide incentives for the creation of innovation clusters in the areas of information, biotechnology, energy and other high-tech and provide a permanent source of revenue to the State Budget of Ukraine and local budgets.
Construction of the park begins in Q2 2013. Commissioning of the first phase of construction, including business centers, residential property and a number of social infrastructures is planned for Q1 2015.
Full completion of the Innovation Technopark BIONIC Hill is expected in 2020. In general, plans to build over 900 thousand m ² of objects of different functions.