The corporate Tax Law established a basic corporate tax rate of 23%. This is a standard rate from the clean income (i.e. gross income) for the entities and natural persons - private entrepreneurs.
In April 2011, the Ukrainian economy remained on a path of solid growth. Unlike at the beginning of the year, however, the growth was supported by strengthening domestic consumption and investment activity, while export-oriented sectors reported a deceleration in output due to more challenging external conditions.
Science is a major factor allowing Ukraine to be ranked among the world's advanced countries in the twenty-first century. By the beginning of the year 2000, Ukraine's scientific potential of Ukraine comprised 1,506 scientific institutions and organizations.
Higher education in Ukraine refers to the entire system of education beyond secondary school level. This includes first level technical and vocational schools, second level technical and vocational colleges, and universities, which are considered the third level.
Regaining political stability is particularly needed in Ukraine, whose economy was hit severely by the international liquidity crisis. In 2009, real GDP fell by 15% yoy, one of the deepest declines in the world.