IP/N/1/UKR/1

Ukraine

The Law of Ukraine “On Taxation of Profit of Enterprises”

Under the Law, intellectual, including industrial, property objects, in particular, industrial designs, layout (topography) of integrated microcircuit, inventions and utility models, are deemed non-tangible assets. Sale of works (services) results includes, in particular, transfer of rights in virtue of license agreements, as well as other methods of assigning patents and other intellectual, including industrial, property objects, in particular, industrial designs, layout (topography) of integrated microcircuit, inventions or utility models. Included in gross costs shall be, in particular, expenses on inventions and rationalization of economic processes and those related to payment of royalties and acquisition of non-tangible assets (except those subject to amortization).