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Grow Global. Grow Ukraine. Responsibly
State Support for Investment Projects with Significant Investments in Ukraine
RD Office supports investors and project sponsors in structuring investment projects under the Law of Ukraine “On State Support for Investment Projects with Significant Investments in Ukraine”.
We help assess eligibility, structure the project, and support the process toward a Special Investment Agreement.
Legal framework and key criteria
The regime established by the Law of Ukraine “On State Support for Investment Projects with Significant Investments in Ukraine” applies to large-scale investments implemented through a Ukrainian project company. It is most relevant in sectors where capital intensity, infrastructure requirements, and long implementation cycles require structured state support
The framework is relevant for projects involving:
- industrial manufacturing and production
- logistics and transport infrastructure
- energy and utilities
- large-scale infrastructure assets
- healthcare, education, and tourism
Projects need to meet the following baseline parameters:
- ≥ EUR 12 million investment (excluding VAT)
- implementation period up to 5 years
- ≥ 10 new jobs
- implementation through a dedicated Ukrainian project company
- transparent ownership and confirmed financial capacity
State support instruments
The framework allows different forms of support to be combined into a single structured package, defined during the approval process and fixed in the Special Investment Agreement. Total support may reach up to 30% of the amount of significant investments, subject to approval
Application process
The application is a structured, multi-stage process led by the investor and reviewed by the Ministry of Economy with involvement of other authorities. Each stage requires aligned legal, financial, and technical inputs
01
Pre-assessment and eligibility check
Initial review of whether the investment meets statutory thresholds and can be positioned within the framework, including investment size, sector, structure, and implementation model
02
Project structuring
Establishment and structuring of the Ukrainian project company (investor with significant investments), definition of investment perimeter, timeline, and allocation of costs eligible for state support
03
Preparation of application package
- Feasibility study
- Financial model
- Special Investment Agreement Draft
- Supporting technical, financial and corporate documentation
04
Submission to the Ministry of Economy
Formal filing of the application package and initiation of the state review process
05
State review and inter-agency coordination
Evaluation of the project by the Ministry of Economy and relevant authorities, including requests for clarification, adjustments to the structure, and validation of eligibility and support scope.
06
Negotiation of the Special Investment Agreement
Finalization of the support package, implementation obligations, timelines, and state commitments within the agreement
07
Approval and signing
Approval by the Government of Ukraine and execution of the Special Investment Agreement, which formalizes the support and implementation conditions
Our support
RD Office supports investors in preparing and executing investment projects under the significant investment framework, ensuring alignment with legal requirements and readiness for state review
Assessment of eligibility and positioning of the investment
Structuring of the Ukrainian project company
Alignment of legal and financial parameters
Support with financial model and feasibility inputs
Preparation of the application package
Coordination during review and clarification stages
Support with the execution of the Special Investment Agreement