a day ago
Zelenskyy signs laws exempting fibre optics for drones from duties and VAT
President of Ukraine Volodymyr Zelenskyy has signed two laws introducing benefits for manufacturers of drones operated via fibre-optic cable.
Source: Verkhovna Rada (Ukrainian Parliament)
Details: In particular, it provides an exemption from customs duties for fibre optics for drones, which will provide favourable conditions for the production of unmanned systems.
Law No 4473-IX amends the Customs Code and exempts goods imported into Ukraine for security and defence purposes from import duty.
Meanwhile, Law No 4474-IX amends the Tax Code and exempts the importation of such goods into Ukraine from value-added tax.
Fibre-optic drones are resistant to electronic intelligence and are critical to the Ukrainian defence forces. However, optical components are mostly imported into Ukraine.
Read also: A weapon entirely immune to jamming: How Ukraine is rolling out production of fibre-optic drones
Background: In early June, the Verkhovna Rada adopted two laws introducing tax and customs benefits for manufacturers of fibre-optic drones.
Support Ukrainska Pravda on Patreon!
