R&D at Diia.City: new opportunities for technology business
24 February 12:55
The Cabinet of Ministers of Ukraine has decided to expand the list of activities in Diia.City, a special legal regime for IT companies. From now on, companies engaged in research and development (R&D) in various fields, from the defense industry to biotechnology, can become residents of the space. This was reported by "Komersant Ukrainian" with reference to the Ministry of Digital Transformation.
The innovation covers a wide range of innovative areas – from defense technologies to biotechnology. This opens up opportunities for research centers, startups, and large companies working in the field of developing the latest technologies.
What it means for business
Future residents will receive a number of benefits, including
- tax advantages,
- access to tools for attracting investment,
- transparent corporate structure and guarantees of intellectual property protection.
Why is it important?
It is noted that the creation of favorable conditions for research and development will accelerate the introduction of the latest technologies, strengthen economic competitiveness and enhance Ukraine’s security potential.
The launch of R&D in Diia.City will help attract investors, develop the Ukrainian innovation ecosystem, and integrate our country into the global technology community.