Thursday, June 25, 2020

Government green lights e-residency in Ukraine

Today, the Government adopted a resolution that gives the green light to the e-residency project. An experiment on the implementation of this project will start on July 1. The relevant procedure has also been approved.
E-residency is a project of the Ministry of Digital Transformation. It is designed to make Ukraine a more attractive country for foreigners. This is a special status of a foreign citizen in Ukraine, which opens access to information and consulting services, simplifies the procedures for obtaining administrative services and concluding civil law agreements, as well as gives foreigners the opportunity to remotely laucnh and conduct business in Ukraine.

"E-residency is an unrivalled project of the Ministry of Digital Transformation that can make Ukraine a powerful Eastern European IT hub. Due to e-residency our country will shortly become attractive for doing business by foreigners - primarily IT specialists, "  noted Minister of Digital Transformation Mykhailo Fedorov.
The project is being created for representatives of the creative industry - IT, marketing, advertising, and gaming. 
E-residency project enables foreigners to receive online:
 a Ukrainian qualified electronic signature;
 registration number of the taxpayer record card;
the opportunity to open an online account in a Ukrainian bank;
 simplified access to administrative services in Ukraine.
According to the resolution, the Ministry of Digital Transformation within two months must submit to the Cabinet of Ministers of Ukraine proposals for the adoption of acts necessary for the implementation of the зкщоусе and ensure the adoption of regulations arising from this resolution. Within three months - to determine the list of countries for the implementation of the experiment and to ensure the creation and operation of the system "E-resident", which will be part of the Diia (Action) platform.
Moreover, in order to kick off implementation of the project the Ministry of Internal Affairs, the Ministry of Foreign Affairs, the Ministry of Justice, the Ministry of Finance, the State Tax Service, the State Financial Monitoring Service must ensure the development and adoption of regulations, creation of organizational, technical and personnel conditions necessary to perform functions imposed by the approved procedure.
Ministry of Digital Transformation sees foreign IT specialists working for Ukrainian companies as the first e-residents, as well as specialists from the Asia-Pacific region and near abroad countries, for whom the status of e-resident of Ukraine will help to cooperate effectively in the European market.

No comments:

Post a Comment