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Wednesday, January 25, 2023

Starlink will be imported into Ukraine without duty and VAT – government decision

The Cabinet of Ministers of Ukraine approved the necessary documents for Starlink to be imported into Ukraine without duty and VAT.

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This was announced by Prime Minister of Ukraine Denys Shmygal during a government meeting.

Components for the production of power equipment, water treatment facilities and satellite communications with the Internet (Starlink) fell under the tax incentives.

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“We have approved the necessary documents for Starlink to be imported to Ukraine without duty and VAT. This will reduce their cost and allow them to be provided to more people and organizations,” Shmyhal said.

He also said that the government is negotiating the possibility of acquiring a new large batch of thousands of Starlink systems for Ukraine.

“First, the government exempted the import of generators and power equipment from duties and VAT. This decision makes such products cheaper by about 25%. We’re taking one more step. So that Ukrainian manufacturers who assemble such products in Ukraine do not find themselves at a disadvantage, the government additionally exempted spare parts for assembling generators and power equipment from VAT and duties. Thus, products manufactured on the domestic market will become about a quarter cheaper,” explained Denis Kudin, First Deputy Minister of Economy of Ukraine.

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Earlier, the government expanded the list of imported goods that will be imported into Ukraine without paying import duties and VAT – we are talking about equipment that should help the country survive the energy crisis: generators, batteries, and so on.

Recall that Starlink raised prices for Ukraine. The monthly payment for Starlink services will increase from $60 to $75. The new price will apply from December 29th. In addition, when ordering a Starlink terminal from the official website to Ukraine, you will have to pay $700 and another $50 for delivery. Previously, it was possible to order a terminal in Ukraine for $385.

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