How to Start Your Business in Ukraine. Together with UBC

Starting your own business in Ukraine is always an important decision connected with putting your commercial plans into practice, preparing the necessary documents, opening accounts and launching sales. Since 2003, UkrBusinessConsult (UBC) has been helping entrepreneurs open and develop their businesses in Ukraine.

We take care of all paperwork, preparation of agreements and communication with state authorities. This allows you to focus calmly on new clients, marketing and increasing sales.

You can contact the company’s experts at any stage: before official registration, before the first major commercial transaction or when entering new international markets. A detailed guide to the key steps is available in our specialist material “How to Start Your Business in Ukraine”.

Starting a business from zero

If there is no company yet, UBC experts will help you start correctly and choose the optimal format. We will make a detailed comparison of a sole proprietor (FOP) and an LLC so that you can choose the best option in terms of taxes and legal liability.

The current “Business Registration Documents” checklist will help you understand the requirements in advance and prepare the starting package.

During registration we will select the required activity codes (KVED), prepare the charter and enter the company in the state register. If you plan remote registration, review the conditions in the section “LLC Registration Online in Ukraine”.

We also help launch social projects through special registration of charitable foundations and public organisations. If the founders include foreign citizens or foreign companies, our specialists will fully prepare all documents required for working with non-residents.

Starting a Business

How To Start BusinessFOP Or LLCChoose KVEDBusiness Registration ChecklistAfter RegistrationBusiness Bank AccountCompany CharterBusiness AddressLLC Registration Online in UkraineCharity Registration in Ukraine

Tax Systems

Single Tax or General Tax SystemSingle Tax Groups for FOPLLC Tax SystemsVAT ExplainedVAT Registration OverviewTax Invoice OverviewTax CreditTax CalendarPrimary DocumentsPRRO Overview

Setting up company operations after LLC registration in Ukraine

Immediately after company registration, we will help quickly launch current commercial processes. Experts will help open accounts with reliable banks and correctly prepare documents so that transactions and payments can pass financial monitoring without delays.

For modern operations, we will arrange qualified electronic signatures, configure access rights for employees and connect software cash registers (PRRO). Read more about the rules of digital interaction with the state in the guide “How to Submit Reports Online”.

UBC lawyers will prepare clear agreements with clients and suppliers that reliably protect your financial interests. In addition, we will prepare the necessary employment agreements for staff, including terms for remote work, and arrange regular payroll calculations.

Accounting and Reporting

FOP ReportingLLC ReportingCombined Payroll Tax and Social Contribution ReportingFinancial StatementsInventory AccountingDocument RetentionAccounting Recovery

Electronic Services

How to Obtain and Use a Qualified Electronic SignatureHow Businesses Use DiiaHow to Use the Taxpayer Electronic CabinetElectronic Reporting OverviewElectronic Document Flow OverviewDiia SignatureElectronic Power Of Attorney

Employment and HR

How To Hire EmployeeEmployment ContractRemote WorkSalary TaxesHow to Reserve Employees for Mobilisation ExemptionHow to Obtain Critical Enterprise StatusForeign Employee OverviewPersonnel Documents

Import, export and the international market

For those planning to work with foreign buyers and suppliers, UBC takes care of all the specifics of foreign economic activity. We will draft international contracts from zero or review existing contracts in detail so that the servicing bank’s currency control does not have questions about them.

In customs clearance, our specialists will help correctly determine commodity codes, calculate official duties and prepare documents for quick clearance of cargo at the border.

If your business has grown beyond the national market, we will register a company in Europe or the United Kingdom and also assist with relocation of assets or the purchase of an established business abroad.

Banking and Foreign Exchange

Business Banking OverviewHow a Business Buys Foreign Currency Through a BankHow to Sell Foreign Currency RevenueCurrency Supervision ExplainedExport Revenue DeadlinesInternational Payment DocumentsBank Financial MonitoringPayment Blocking

Import and Export

How to Start Importing GoodsHow to Start ExportingForeign Trade Contract OverviewIncotermsCustoms DeclarationCustoms Value OverviewHow to Determine a UKTZED Commodity CodeImport Duty VATExport DocumentsCertificates OriginCustoms Broker OverviewAEO OverviewNCTS Overview

Support for an operating business in Ukraine

If you already have an operating company in Ukraine, we quickly solve specific local tasks without lengthy and unnecessary general reviews. You can fully outsource your accounting to us, and UBC specialists will take responsibility for daily bookkeeping, tax calculations and timely filing of declarations, preparation and submission of mandatory company reporting in Ukraine to all supervisory authorities, and if gaps or errors are found in previous periods, we will carry out comprehensive restoration of the company’s accounting records.

Our specialists also provide full support for obtaining a construction licence and permit documentation for conducting construction business in Ukraine and prepare the information required if your company needs a medical practice licence or other licences or permits for production or export-import operations.

Licences and Permits

Construction Licence and Permit DocumentationMedical Practice Licence

For major transactions and investments, we will review the business before purchase, prepare a financial model or a professional business plan to attract investors. If disputes arise, lawyers will protect the company’s interests in court and help legally recover accounts receivable.

Finance and Development

Business Grants OverviewHow to Apply for an eRobota GrantBusiness Credit OverviewBusiness Plan OverviewFinancial Model OverviewInvestor DocumentsBusiness Valuation OverviewRegional Grants

Public and Enterprise Procurement

How a Business Starts Working with ProzorroProzorro DocumentsProzorro MarketTender ProposalTender ComplaintInternational ProcurementReconstruction Procurement

Business Security

How to Verify a CounterpartyContract ChecklistSanctions CheckBeneficial Owner CheckBusiness Cybersecurity EssentialsPersonal Data OverviewBusiness ContinuityDocument Backup

Why working with UBC is convenient and cost-effective

The main advantage of UBC is that all necessary services are provided in one place. If you order company registration, subsequent accounting and development of agreements at the same time, you only need to provide the source documents to our specialists once. Lawyers and accountants will coordinate all technical details between themselves, saving you unnecessary correspondence.

Thanks to a developed partner network consisting of verified lawyers, notaries and auditors, we quickly resolve clients’ issues in any region of Ukraine and beyond.

Ready to take the first step towards creating or optimising your business in Ukraine? Tell UBC specialists what task needs to be solved and what final result you want to obtain. We will quickly calculate the exact cost, provide a list of input data and immediately start work.

Why is it better with UKRBUSINESSCONSULT?

The main areas of activity of the UBC group of companies are consulting, financial and investment services, searching for and selecting investors for businesses and attracting loans, purchase and sale of established businesses in Ukraine, Europe and other countries, IT services, and commercial property development in Ukraine and abroad. For the development of your business: company registration in Ukraine, ready-made companies in the EU, company registration in England and other countries, corporate law, offshore jurisdictions and offshore companies, business consulting, audit, certification, LLC registration, registration of financial companies, asset management companies and mutual investment funds, registration of joint-stock companies, issue of securities and bonds, and support for foreign investments.

The constantly expanding range of regional and foreign partners directly contributes to resolving our clients’ issues when doing business both in Ukraine and abroad.

We are always focused on the result you need and will do everything to achieve it within the required timeframe, taking your wishes and requirements into detailed account. Why is it better to start a business in Ukraine with UBC? The answer is simple — we have much more practical experience, resources and opportunities.

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