The Verkhovna Rada of Ukraine adopted the Law “On peculiarities of investment activities on the territory of the Autonomous Republic of Crimea”

Information Department of the Verkhovna Rada of Ukraine Secretariat
10 October 2013, 12:43

The Law establishes peculiarities of investment activity on the territory of the Autonomous Republic of Crimea as an integral part of Ukraine.

It is also stipulated that investment activity on the territory of the Autonomous Republic of Crimea is carried out the principles of: protection of rights and interests of investors; noninvolvement of government authorities, executive authorities of the Autonomous Republic of Crimea and local self-government authorities except cases when such involvement is stipulated by law; equality of investors; proper use of investments.

Registration of investment projects will be carried out on a voluntary basis on presentation of an investor or the economic entity that implements such project.

The respective bill was registered under No. 0877.