Publication date: 12.05.2024
Lawyer
“Who are the residents of Diia.City ?”
**Definition of residents of the city of Diya:**
- Resident of the city of Diya - a legal entity that has received the status of a resident of the city of Diya in accordance with the provisions of the law. These organizations are registered in Ukraine and meet certain criteria established by law. The legal regime of the city of Diya regulates their rights, responsibilities and interactions within the ecosystem.
**Residence requirements:**
- To qualify as a resident of the city of Diya, a legal entity must meet several criteria:
1. Engage in activities provided for by law and specified in its charter.
2. Maintain a minimum average monthly wage for contract workers and specialists.
3. Hire a minimum number of employees and specialists.
4. Create a specific income threshold for the residency period.
5. Meet additional requirements set out in the law, including financial transparency and compliance with international standards.
**Exceptions from accommodation:**
- Certain persons are not eligible to become residents of the city of Diya, including those registered in foreign countries, non-profit organizations and enterprises subject to bankruptcy or termination. In addition, persons engaged in certain activities, such as gambling or trading virtual assets, may have their right of residence revoked.
**Benefits and rights of residence:**
- Residents of the city of Diya enjoy a number of benefits and rights, including:
1. Access to a supportive regulatory framework tailored to the needs of the digital economy.
2. Opportunities for innovation, investment and growth in a dynamic ecosystem.
3. Flexibility in employment practices to accommodate employees, contract specialists and contractors.
4. Participation in the authorized capital of the subjects of the city of Diya and cooperation with other residents.
**Duties and Responsibilities:**
- In addition to their rights, Diya residents have obligations including legal and regulatory compliance, financial transparency, and ethical business practices. Failure to comply with these obligations may result in loss of residency status.
**Digital Economy Navigation:**
- As pioneers of the digital economy, residents of Diya have the opportunity to shape the future of technology, innovation and entrepreneurship in Ukraine. By embracing the principles of transparency, collaboration and honesty, they can contribute to the growth and success of Diya City and promote positive change on a national and global scale.
In conclusion, we note that the residents of Diya City represent the vanguard of Ukraine’s digital transformation, embodying the spirit of innovation and entrepreneurship in the digital age. Supported by the legal framework created by the Digital Economy Stimulus Act, they are poised to lead the country into a new era of prosperity and technological advancement.
