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Thursday, May 28, 2015

Law of Ukraine "On Scientific Parks"

Date of entry into force:
January 1, 2010

(Abstract)

The present Law regulates legal, economic and organizational relations connected with establishment and operation of scientific parks, and aims to intensify the elaboration, realization  and production of innovative products on the domestic and foreign markets.

According to Article 1 of the present Law, a scientific park is a legal entity created by initiative of a higher educational establishment and/or scientific institution through pooling of the contributions of the founders to organize, coordinate and control the development and execution of the scientific park's projects.

A higher educational establishment of the IV accreditation level and/or scientific institution and other legal entities that have concluded an founding agreement can be founders of a scientific park.

A scientific park is created to develop the scientific, technical and innovative activity in a higher educational establishment and/or scientific institution, ensure efficient and rational use of the existing scientific potential and the material and technical base for the commercialization of research results and their implementation on the domestic and foreign markets (Article 3 of the present Law).


Article 4 of the present Law envisages the functions of a scientific park.

A scientific park is created and operates on the basis of the association agreement and statute.

According to Article 6 of the present Law, the following activities are not allowed within the scope of operation of a scientific park:
·         trade and intermediary activity;
·         perform personal services;
·         production and processing of excisable goods and other goods that do not correspond to the purpose of the scientific park.

Article 7 of the present Law establishes the procedure for creation of a scientific park. The decision to create a scientific park is made by the park's founders with the consent of a specially authorized body of executive power in the issues of research and innovation. If the founders of the scientific park are state-owned or communally-owned subjects of economic activity operating on the basis of right of commercial management or right of day-to-day management, the decision to found a scientific park with participation of such founders is made with the consent of the corresponding bodies that manage the state or communal property assigned to such subjects of economic activity.

The founders of a scientific park retain the status of a legal entity and remain subject to laws regulating the activities of legal entities.

According to Article 10 of the present Law, a scientific park has:
·         the supreme management body of the scientific park (general meeting of the founders of the scientific park), and
·         the executive management body of the scientific park (formed by the general meeting of the founder according to the procedure defined by the statute of the scientific park).

Chapter ІІІ of the present Law defines the peculiarities of development and implementation of scientific park projects.

Article 17 of the present Law states that the property rights for technologies and objects of intellectual property right created in the course of implementation of the scientific park projects are property of the scientific park and/or its partners. However, the central body of executive power, whose scope of authority includes the higher education establishment or the scientific institution, can limit the property rights for use and management of technologies and objects of intellectual property right created with the use of state funds, if the technology and/or object of intellectual property right:
·         is included in the field of national security and defense of the state;
·         is defined as one that must be used in the public interests;
·         was brought to the stage of industrial production and sale of finished product using exclusively state funds.

Applications of scientific parks to receive government orders to supply products, perform works and render services for top-priority needs of the state are reviewed on a priority basis (Article 18 of the present Law).

The present Law states that scientific, laboratory and research equipment, as well as supplies and materials not produced in Ukraine are exempt from import duty if they are used for implementation of a scientific park project (that requires state support), in the list and amounts defined for the scientific park project. The import duty exemption is effective during the scope of the scientific park project implementation, but does not exceed two years from the day of approval of the list and amounts of the necessary equipment, and one year – for components and materials.

The economic principles of operation of a scientific park are envisaged in Chapter V of the present Law.

According to Article 23 of the present Law, termination of a scientific park is carried out exclusively by decision of its founders or by decision of a court. Reorganization of a scientific park is forbidden.

The final provisions of the present Law require introduction of corresponding amendments to Laws of Ukraine "On Unified Customs Tariff" and "On Lease of State and Communal Property".



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