Today the global software export market is valued at $90Bln: $34Bln belongs to India, $28bln to China and $2.65bln to Russia.
The IT industry has reached in Ukraine $1bln in Exports this year. With more than 20% of software export market and more than 30% annual growth, Ukraine has become a regional leader in the export of IT Services.
This growth has been possible in large part as a result of a highly skilled workforce and favorable tax conditions which allow entrepreneurs to provide programming services on single tax.
Comparing with Ukraine, competing countries are providing lower rates of social taxation in IT Industry:
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