Ukraine Company Formation
Ukraine Company Formation. Your Gateway to Secure, Private, and Tax-Efficient Ukrainian Business Main Characteristics and the basic rules of Company registration in Ukraine
Ukraine is a strategic location in Eastern Europe, offering access to both European and CIS markets. With a transparent legal system, competitive corporate taxes, and a skilled workforce, Ukraine has become an attractive jurisdiction for company formation, international trade, and asset management.
If you are a non-resident or international entrepreneur seeking a reliable Ukrainian base, Ukraine company formation with BRIS Group ensures compliance, efficiency, and professional guidance from start to finish.
Why Choose Ukraine for Company Formation?
Ukraine offers a business-friendly environment with simplified corporate laws, investor protections, and flexible ownership options. Its strategic location, competitive taxation, and growing economy make it ideal for startups, SMEs, holding companies, and export-oriented businesses.
🔍 Need expert guidance?
Our specialists will help you select the most suitable company structure and ensure your Ukrainian business complies with local and international regulations.
Key Highlights of Ukraine Company Formation
|
Aspect |
Details |
|
Legal Structure |
Limited Liability Company (ТОВ) or Joint Stock Company (АТ) |
|
Tax Status |
Standard corporate tax 18%; simplified taxation options for SMEs (5–10%) |
|
Ownership |
100% foreign ownership permitted |
|
Registration Authority |
Unified State Register of Legal Entities and Individual Entrepreneurs |
|
Typical Formation Time |
5–15 business days |
|
Minimum Shareholder(s) |
One (individual or corporate) |
|
Minimum Director(s) |
One (resident or non-resident) |
|
Registered Office |
Mandatory local address |
|
Confidentiality |
Shareholders and directors registered publicly; nominee options possible |
Advantages of Ukraine Company Formation for Non-Residents
|
✅ Advantage |
💬 Description |
|
Competitive Tax System |
Standard 18% corporate tax; simplified 5–10% tax for small businesses under SME regime. |
|
EU and CIS Market Access |
Strategic location for regional trade. |
|
Full Foreign Ownership |
100% foreign ownership allowed in most sectors. |
|
Fast Incorporation |
Company registration completed in 5–15 business days. |
|
Flexible Corporate Structures |
LLC (ТОВ) for most businesses; JSC (АТ) for larger ventures or capital raising. |
|
Affordable Maintenance |
Low annual reporting and compliance costs. |
|
Investor-Friendly Environment |
Incentives for IT, export, and manufacturing sectors. |
Considerations Before Registering a Ukrainian Company
|
⚠️ Potential Challenge |
💬 Explanation |
|
Public Register |
Shareholders and directors are publicly recorded; privacy options exist via nominee services. |
|
Reporting Requirements |
Annual financial statements and tax filings are required; audits may apply for larger companies. |
|
Banking Requirements |
Corporate bank accounts may require proof of business activities and enhanced due diligence. |
|
Compliance Standards |
Companies must comply with Ukrainian AML/KYC regulations and corporate law. |
Types of Companies for Non-Residents in Ukraine
- Limited Liability Company (ТОВ)
The most common structure for SMEs. Suitable for trading, services, holding assets, and small-scale operations.
- Joint Stock Company (АТ)
Ideal for larger businesses or companies planning to raise capital publicly. Requires higher share capital and stricter compliance.
- Representative Office / Branch
Allows foreign companies to operate in Ukraine without establishing a separate legal entity, mainly for trade promotion.
Requirements for Ukraine Company Registration
To register a Ukrainian LLC (ТОВ) or JSC (АТ), you will need:
- Proposed Company Name: Must be unique and comply with Ukrainian regulations.
- Registered Office: Physical address in Ukraine.
- Director(s) and Shareholder(s): Minimum one of each (resident or non-resident).
- Identification Documents: Certified passport copies and proof of address.
- Share Capital: Minimum UAH 1 for LLC, higher for JSC depending on type.
- Description of Business Activities: General or specific business purpose.
- Founding Documents: Charter/Articles of Association prepared during incorporation.
Step-by-Step Guide to Ukraine Company Formation
Step 1: Initial Consultation
We assess your business goals and recommend the optimal structure for tax efficiency and compliance.
Step 2: Name Reservation
Your company name is checked and reserved with the Ukrainian State Register.
Step 3: Document Preparation
We prepare the Charter/Articles of Association and collect KYC documentation.
Step 4: Registration Filing
All documents are submitted to the Unified State Register of Legal Entities.
Step 5: Company Registration
Within 5–15 business days, your Ukrainian company is officially registered.
Step 6: Bank Account Opening
We assist in opening a corporate bank account in Ukraine or internationally.
Step 7: Post-Incorporation Support
Ongoing compliance, reporting, and optional nominee services are managed by BRIS Group.
Timeframe for Ukraine Company Formation
|
Task |
Estimated Duration |
|
Company Name Approval |
1–2 days |
|
Incorporation & Certificate Issuance |
5–15 business days |
|
Bank Account Setup |
1–4 weeks (depending on bank) |
How BRIS Group Can Help You
BRIS Group specializes in Ukraine company formation for non-residents, delivering a seamless, compliant, and discreet setup experience.
Our Services Include:
✅ Corporate structure consultation
✅ Name registration and legal compliance
✅ Articles of Association/Charter preparation
✅ Registered Office & Agent services
✅ Nominee director/shareholder services (optional)
✅ Bank account opening assistance
✅ Tax and compliance guidance
✅ Annual renewal and reporting services
💬 Partner with BRIS Group to simplify your Ukrainian company formation. We handle all legal and administrative tasks while you focus on growing your business.
Why Choose BRIS Group for Ukraine Company Formation?
|
🌟 Our Strengths |
💬 Your Benefits |
|
Proven Expertise |
Years of experience in Ukraine and Eastern Europe company formation. |
|
Fast Turnaround |
Quick incorporation and document delivery. |
|
Confidential Service |
Professional handling of sensitive data. |
|
Regional Expertise |
Guidance for cross-border entrepreneurs in Europe and CIS. |
|
Ongoing Support |
Assistance with compliance, reporting, and annual renewals. |
Start Your Ukrainian Company Today
Ukraine offers strategic market access, competitive taxes, and investor-friendly policies, making it an excellent base for international business.
📞 Contact BRIS Group today for a free consultation on Ukraine company formation.
Our experts will guide you from registration to ongoing compliance, ensuring your Ukrainian company operates legally and efficiently.
📧 Email: [email protected]
💬 Get a free consultation and start your Ukraine company formation with confidence.
Questions & Answers
1.What is Corporation Tax in Ukraine?
The Corporation Tax in Ukraine is levied on the profits of companies operating within the country. As of 2023, the standard corporate tax rate is 18%. Certain small businesses may benefit from simplified tax regimes that offer reduced rates.
How are dividends taxed in Ukraine?
Dividends distributed by Ukrainian corporations are subject to a 5% withholding tax for residents and a 15% tax for non-residents. This rate may be reduced or eliminated based on double tax treaties Ukraine has with other countries.
What is the Income Tax rate for individuals in Ukraine?
The personal Income Tax rate in Ukraine is a flat rate of 18% on annual income. Additionally, a military tax of 1.5% is applied to all taxable income. Certain deductions and exemptions may apply, depending on specific circumstances.
What is the VAT rate in Ukraine?
The Value Added Tax (VAT) in Ukraine is generally set at 20%. However, a reduced rate of 7% applies to specific goods and services, including medical products and certain agricultural items. Businesses with annual revenues under a certain threshold can opt for a simplified VAT scheme.
Are there any other significant taxes in Ukraine?
Yes, in addition to the main taxes, businesses may encounter several other taxes, including property tax, land tax, and excise duties on specific goods such as alcohol and tobacco. Each tax has unique rates and regulations, which should be reviewed based on the nature of the business or asset.
This FAQ aims to provide clarity on the tax landscape in Ukraine for individuals and businesses. For detailed advice, consulting a tax professional is recommended.
Learn more: Visit our Full FAQ Hub page
or contact our tax and company formation team at[email protected]
What is the process for non-residents to form a company in Ukraine?
Forming a company in Ukraine as a non-resident involves several steps. Firstly, you need to choose a business structure, such as a Limited Liability Company (LLC) or a Joint-Stock Company. The next step is to gather all required documentation, including proof of identity and a valid address in Ukraine. You will need to register your company with the State Registrar, obtain a regulatory tax number, and open a local bank account. It’s also advisable to consult with a local legal expert to ensure compliance with Ukrainian laws.
What documents are required for non-residents to start a business in Ukraine?
Non-residents need several key documents to start a business in Ukraine. These typically include a notarized copy of the founder’s passport, a document confirming the founders’ residence, proof of address in Ukraine (which can sometimes be a leased office), and an application form for state registration. Depending on the chosen company structure, additional documents may be necessary, so consulting a legal professional is recommended.
Are there any restrictions for non-residents in company formation in Ukraine?
While Ukraine welcomes foreign investment, there are certain restrictions on specific sectors. For instance, non-residents may not hold ownership in some industries such as security, media, and telecommunications without meeting additional regulations. Additionally, foreign ownership may be limited in certain strategic industries. It’s crucial to check the latest regulations or seek legal advice to understand any specific restrictions that may apply.
What are the tax implications for companies formed by non-residents in Ukraine?
Companies established by non-residents in Ukraine are subject to the local tax regime, which includes corporate income tax, value-added tax (VAT), and potentially other local taxes. The standard corporate tax rate is 18%, while the VAT rate is generally 20%. Non-resident-owned companies may also need to consider double taxation treaties if they have business activities in their home country. Always consult a tax advisor to understand the specific tax obligations.
Can non-residents open a bank account for their company in Ukraine?
Yes, non-residents can open a bank account for their companies in Ukraine. However, the process may vary by bank and typically requires documents such as the company’s registration documents, tax identification number, and personal identification of the account signatories. It’s advisable to choose a bank familiar with servicing international clients, as they can provide guidance tailored to non-residents.
Is it necessary to have a local partner to start a business in Ukraine as a non-resident?
No, it is not necessary to have a local partner to start a business in Ukraine as a non-resident. Foreigners can establish companies fully owned by them. However, having a local partner might bring additional advantages such as local market knowledge, understanding of regulatory requirements, and better networking opportunities. Ultimately, the decision should be based on your business strategy and needs.
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