Albany, NY -- (SBWIRE) -- 10/28/2015 -- Timetric's fiscal regime report covers the mining industry of Ukraine, which is governed by the Mining Law of Ukraine. The Ministry of Energy and Coal Industry of Ukraine, Ministry of Ecology and Natural Resources, and the State Committee of Ukraine are the main governing authorities that manage the mining industry in the country.

The report outlines governing bodies, governing laws and key fiscal terms which includes mineral resources fee, corporate income tax, depreciation, withholding tax, losses carried forward and value added tax.

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KEY HIGHLIGHTS:-

The Ministry of Energy and Coal Industry of Ukraine (Ukraine Minenergouglya) is the central executive body whose activities are managed by the Cabinet of Ministers in Ukraine.
The State committee of Ukraine on industrial security, labour protection and mining supervision is a central body and a legal entity.
The Ministry of Ecology and Natural Resources of Ukraine (MENR) is regulated and governed by the cabinet of ministries of Ukraine.
The main legislative act that regulates mining industry in Ukraine is Mining Law of Ukraine No. 1127-XIV of October 6, 1999.

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Table of Contents:-

1 Executive Summary

2 The Ukrainian Mining Industry – Governing Bodies
2.1 The Ministry of Energy and Coal Industry of Ukraine (Ukraine Minenergouglya)
2.2 State Committee of Ukraine
2.3 Ministry of Ecology and Natural Resources of Ukraine (MENR)

3 The Ukrainian Mining Industry – Governing Laws

4 The Ukrainian Mining Industry – Key Fiscal Terms
4.1 Mineral Resources Fee
4.2 Corporate Income Tax
4.3 Depreciation
4.4 Withholding Tax
4.5 Losses Carried Forward
4.6 Value Added Tax

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