Business relocation and tax incentives: a regional perspective

Анотація

The article examines the role of tax incentives in business relocation processes under martial law and the transformation of Ukraine's economy.Large-scale internal relocation of enterprises has become an important tool for ensuring regional economic stability, preserving production capacity, and maintaining employment.Purpose.The purpose of the study is to analyze the role of tax incentives in business relocation processes and to identify regional features of forming a favorable investment environment for relocated enterprises.Results.The study identifies key factors influencing business relocation decisions, including tax incentives, security conditions, infrastructure availability, and the regulatory environment.It is determined that tax incentives play a crucial role in shaping the economic attractiveness of regions, although their effectiveness remains limited due to their temporary nature, insufficient regional differentiation, and weak integration with other economic policy instruments.The analysis reveals significant disparities in regional approaches to supporting relocated businesses, leading to uneven territorial development.Key barriers to effective tax stimulation are systematized, including limited fiscal autonomy of local authorities, insufficient financial capacity of communities, infrastructure constraints, and lack of comprehensive information support.A conceptual model of business relocation stimulation is proposed, based on the interaction of tax advantages, regional resources, and infrastructure support.Conclusions.It is proven that the synergy of tax, investment, and infrastructure instruments creates a favorable environment for the integration of relocated enterprises, enhances their competitiveness, and contributes to sustainable regional development.The study substantiates the need to improve tax policy through the introduction of differentiated regional instruments, expansion of local fiscal powers, and strengthening coordination between fiscal, investment, and infrastructure policies in the context of Ukraine's post-war economic recovery.

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