The National Securities and Stock Market Commission of Ukraine published an overview of Chair Oleksii Semeniuk’s column outlining proposed personal investment accounts designed to channel household savings into Ukrainian capital markets, particularly securities issued by domestic companies. The legislative proposals would exempt investment income, dividends and interest from tax if funds remain in an account for at least three years. Semeniuk framed the accounts as a way to broaden long-term retail investment beyond domestic government bonds and help finance Ukrainian businesses and reconstruction. Individuals bought nearly UAH 70 billion of domestic government bonds in the first four months of 2026, while their total holdings exceeded UAH 107 billion, indicating an established pool of retail investors that could provide longer-term capital.
Ukraine National Commission on Securities and Stock Market2026-08-13
Ukraine's National Securities and Stock Market Commission chair outlines personal investment accounts with three-year tax incentive
The National Securities and Stock Market Commission of Ukraine chair outlined proposed personal investment accounts for investing in Ukrainian capital-market instruments, particularly domestic corporate securities. Investment income, dividends and interest would be tax-exempt if funds remain invested for at least three years. The proposal seeks to direct growing retail investment beyond government bonds and into Ukrainian businesses.