1. foreign investors - entities that carry out investment activity on the territory of Ukraine, namely: legal entities, established under legislation other than the legislation of Ukraine; foreign natural persons who have no permanent residence on the territory of Ukraine and are not limited in their legal capacity ; foreign states, international governmental and non-governmental organizations; other foreign subjects of investment activity recognized as such by effective legislation of Ukraine.
2. foreign investments - valuables invested by foreign investors in objects of investment activity pursuant to effective legislation of Ukraine for the purpose of gaining profit or achieving social effect;
3. enterprise with foreign investments - an enterprise (organization) of any legal organizational form, established in compliance with Ukrainian legislation, where foreign investments in its charter fund, if available, constitute no less than 10 percent. Enterprise acquires the status of an enterprise with foreign investments from the date of entering foreign investment into accounting records;

• share participation in enterprises established jointly with Ukrainian legal entities and natural persons, or acquisition of shares in existing enterprises;
• creation of enterprises wholly belonging to foreign investors, subsidiaries and other separated structural subdivisions of foreign legal entities, or acquisition of entire ownership of existing enterprises;
• acquisition, except when expressly prohibited by the legislation of Ukraine, of real or personal property, including buildings, apartments, premises, equipment, transport vehicles and other objects of ownership through direct acquisition of property or property complexes, or in the form of stocks, bonds and other securities;
• acquisition of the rights to use land or concessions to exploit natural resources on the territory of Ukraine independently or jointly with Ukrainian legal entities and natural persons;
• acquisition of other property rights;
• other forms of investing which are not explicitly prohibited by the legislation of Ukraine, in particular, those based on agreements with business subjects of Ukraine without establishment of legal entities.

When re-investing profit, income and other earnings received in the currency of Ukraine from making foreign investments, investments shall be translated at the official exchange rate of Ukraine, established by the National Bank of Ukraine at the date of re-investments being actually carried out.

A privileged regime of investment and other business activities may be established for individual business entities which implement investment projects with involvement of foreign investments to be realized under the state programs of development of priority branches of economy, social sphere and territories.

All expenses and losses incurred by foreign investors as a result of the actions, specified in Article 9, and in the first part of this Article, shall be indemnified on the basis of current market prices and/or substantiated estimates confirmed by an auditor or auditing firm. Compensation payable to foreign investor should be prompt, adequate and efficient. Compensation to be paid to foreign investor due to the actions, specified in Article 9 of this Law, is calculated at the moment of termination of the right of property.

The customs authorities make clearance for entry of such property into the territory of Ukraine based on a promissory note, issued by the enterprise, in the amount of the duty with deferment in payment not more than for 30 calendar days from the date of customs clearance of the import cargo customs declaration.

The promissory note is discharged and import duty is not levied if within the period, assigned for deferment in payment, the above property has been credited to the balance sheet of the enterprise, and the Tax Inspectorate at place of location of the enterprise has made the relevant note on a copy of the promissory note.

Procedure of issuance, recording and discharging of the promissory notes is established by the Cabinet of Ministers of Ukraine. If within three years from the time of crediting of the foreign investment to the balance sheet of the enterprise with foreign investments, the property, imported in Ukraine as contribution of the foreign investor to the charter fund of the said enterprise, is alienated including in connection with termination of activity of this enterprise (except for exportation of the foreign investment abroad), the enterprise with foreign investments pay import duty calculated on the basis of the customs value of this property, translated into the currency of Ukraine at the official exchange rate of Ukraine established by the National Bank of Ukraine at the date of alienation of the property.

Agreements (contracts) shall be registered within the deadlines and in the order established by the Cabinet of Ministers of Ukraine. Property (except for goods for realization or own consumption) imported into Ukraine by foreign investors for the period not less than three years with the purpose of investing on the basis of registered agreements (contracts) are exempted from duty in the order envisaged by parts two and three of Article 18 of this Law. In case of alienation of such property earlier than three years from the moment when it was credited to the balance sheet the duty shall be paid in the order envisaged by part five of Article 18 of this Law. Profits from the joint investment activity under agreements (contracts) shall be subject to taxation in accordance the legislation of Ukraine.