ICU

Easy and simple

ICU | Decor

Minimal investment *

UAH peace bonds

1 000 UAH

FX peace bonds

50 000 $

Fees

opening of the account
none
depository services
none
buying/selling bonds (per deal)
none
redemption/interest repayment in UAH
none
redemption/interest repayment in FX
35 $

Taxes

income tax on interest income
not applicable
income tax on investment income
not applicable
military levy
not applicable

Filing a tax return

ICU is a tax agent

According to the Tax Code of Ukraine, the Company is a tax agent and withholds all necessary taxes and fees when paying client’s income, providing the client with all the necessary documents.

An individual submits a tax return independently*

The tax return is submitted to the State Tax Service in one of three ways:

  • personally by the payer or authorized person;
  • by mail with a return receipt and a description of the attachments;
  • online, signed electronic digital signature.

State Tax Service of Ukraine official website

*not applicable for non-residents of Ukraine

Government bonds vs bank deposits: yield comparison

UAH bonds
UAH deposit
initial investment
100 000 UAH
100 000 UAH
yearly rate
15%
15%
income
15 000 UAH
15 000 UAH
income tax, 18%
—
2 700 UAH
military levy, 5%
—
750 UAH
banking fees
0 UAH via ICU Trade**
—

ICU fees

per deal
0 UAH
—
redemption/interest repayment
0 UAH
final profit
15 000 UAH
11 550 UAH
* at the moment, government bonds rates are higher than deposit rates
** in case of replenishment through ICU Trade mobile app