Ukraine’s Defence City regime, effective from October 2025, offers tax, customs, and regulatory incentives to defence-related enterprises. Eligible companies must earn most income from defence goods or services. Benefits include exemptions on reinvested profits, real estate, land, and environmental taxes, plus simplified customs and currency rules. However, it excludes R&D credits and broader investor incentives, and cannot be combined with other preferential regimes. Residency is limited to strategically significant entities approved by the Ministry of Defence.
In response to heightened scrutiny over country of origin declarations amid ongoing global tariff tensions, Singapore Customs issued Circular No. 06/2025 on 9 June 2025 to provide important clarification on the applicable preferential and non-preferential rules of origin when declaring the “country of origin” for importation into, exportation out of, and transshipments through Singapore.