In a Minfin YouTube interview, the Chairman of the Ukraine National Commission on Securities and Stock Market (NSSMC) outlined the Commission’s push to introduce investment accounts under draft law No. 8111, presenting them as a retail investment channel to be offered via licensed investment firms and as complementary to domestic government bonds (OVDP). The proposed approach would incentivise long-term investing through a 50% to 100% tax benefit if funds remain in the account for 3–5 years, while early withdrawals would be taxed under general rules. The interview also highlighted excessive bureaucracy in financial monitoring as a barrier to investment, with the NSSMC already working to simplify information exchange mechanisms among all primary financial monitoring entities and estimating this could increase investment volumes by 20–30%. Draft law No. 8111 still requires support in the Verkhovna Rada.
Ukraine National Commission on Securities and Stock Market 2025-05-26
Ukraine National Commission on Securities and Stock Market promotes draft law to introduce tax-advantaged investment accounts and streamline financial monitoring processes
The Ukraine National Commission on Securities and Stock Market is advocating for draft law No. 8111 to introduce investment accounts as a retail investment channel, offering tax benefits for long-term investments. The initiative aims to complement domestic government bonds and address excessive bureaucracy in financial monitoring to boost investment volumes by 20–30%. The draft law awaits support in the Verkhovna Rada.