Over 50 IT companies join Ukraine’s ‘special tax regime’ Diia City in first three days.
- With Diia City, a special legal and tax system for IT businesses, the government wants to raise the share of the IT sector in the country’s gross domestic product to 10% from the current 4%.
“We want to invest in Ukraine, we want to create jobs here,” said Dmitry Strelchuk, Revolut’s operations manager, during the Diia City launch day, welcoming the new regulations.
- Among the best-known applicants were: the U.K.-based banking tech startup Revolut, artificial intellegence (AI) investor Roosh, Ukrainian security system maker Ajax, Ukrainian AI startup Reface, and Fintech Band, the company behind Monobank, a popular mobile-only bank.
Read more via The Kyiv Independent: