Transcarpathian software developers will have tax benefits

The Ministry of income and taxes of Ukraine developed a special Integrated tax advice. It contains explanations on the features of VAT treatment of software products supply. 
The experts of the Ministry hope that these innovations will allow not only specialized companies, but also freelancers or companies in other industries, that have their own IT-departments and develop software, to enter the software market. According to the experts of the Ministry, it will stimulate the development of software industry due to increased competition on equal terms. 
In addition, according to the Integrated advice, benefits shall be applied no matter how the customer received the application - online or on physical media. Also it should be noted that technical support services for the software provided by the manufacturer of such software is not taxable. 
Software, its components, sales of rights to use the software as well as sales of licensed copies of software products are exempt from taxation. The sale of means of cryptographic protection ("electronic keys", security certificates, etc.) are not taxable either.  

The text of the Integrated tax advice is available on the website of the Ministry of Income