Ukraine lowers import duties on cars in 2019
Car imports to Ukraine are set to become much more affordable in 2019 due to a new customs law. Effective January 1st, 2019, Ukraine will lower the import excise rate on all new and used gas, diesel, and electric car imports.
Ukraine import duties on cars for 2019:
|Engine Type||Displacement||Excise Rate||1-15 yrs old||>15 yrs old||PDV (TAX)|
|GAS||3 litres or less||50 EUR per litre||multiply by age||multiply by 15||30% of value|
|over 3 litres||100 EUR per litre||multiply by age||multiply by 15||30% of value|
|DIESEL||3.5 litres or less||75 EUR per litre||multiply by age||multiply by 15||30% of value|
|over 3.5 litres||150 EUR per litre||multiply by age||multiply by 15||30% of value|
The new law is a continuation of the one passed earlier this year, which allowed older vehicles to be imported and also lowered the import tax temporarily until the end of 2019. However the new law will make it significantly cheaper to import a car to Ukraine.
This is welcome news as demand for import cars in Ukraine has grown drastically. From January to October 2018, the number of cars imported to Ukraine grew to 83,900 cars, a 90% increase over last year.
This is great news for anyone looking to import a car to Ukraine. Not only has the import excise rate been lowered, but shipping costs have also decreased thanks to the introduction of consolidated containers. Importers can now save up to 3 times more on shipping their cars to Ukraine by sharing a container with other importers. This not only reduces the cost of shipping but also benefits the environment by reducing the carbon footprint of each shipment. With these changes, it's no surprise that the number of cars imported to Ukraine has increased by 90% compared to last year. So if you're in the market for a new or used car, now is the perfect time to take advantage of these cost-saving measures and import a car to Ukraine.