In accordance with the presidential decree, the following privileges and preferences have been extended until December 31, 2021:
a) reduction of the rate of profits tax for tour operators, travel agents, as well as accommodation facilities by 50%;
b) partial subsidization of tour operators’ air and rail ticket expenses by 30% of the ticket price for foreign tourist groups of at least 10 people, provided that they stay at least five nights;
Also, tour operators, travel agents, and entities providing hotel services (accommodation services) in the field of tourism:
- are exempted from paying land tax and property tax at the rate set for legal entities;
- will pay social tax at a reduced rate of 1%.