Company Registration in Ukraine

Ukraine is a premier choice for business setup, driven by strategic advantages and a conducive environment. Positioned at the crossroads of Europe and Asia, it serves as an ideal hub for international trade. With competitive labor costs and a skilled workforce, businesses find cost optimization opportunities. Economic reforms have streamlined regulations, fostering a favorable investment climate. Ukraine’s diverse economy spans IT, agriculture, and manufacturing, providing ample growth prospects. Abundant natural resources and a burgeoning tech sector further enhance its appeal. Overall, Ukraine’s strategic location, economic reforms, and sectoral strengths make it an attractive destination for companies seeking a foothold in Eastern Europe.

Eurofast Ukraine has been operating in Kyiv since 2012, providing company formation, Tax, advisory, and a range of other professional services. Throughout the years, we have accumulated considerable know-how in addressing cross border tax issues which have proved an invaluable competitive advantage for both our local and international clients.

• Low tax rates: 18% profit tax, 20% VAT, 18% income tax and 22% of social security levy for employees, lower tax rates for individual entrepreneurs who often work as employees and small companies (up to 200 Euro per annum) – 5% sole profit tax. Twice less tax load for IT companies which have the status of Diya city.

• No export customs or tax fees. Import VAT refundable, import duty within 10%.

• Transport no visa border cross with EU countries.

• Ukraine became part of European sole transit system in 2022 which means no customs clearance at borders for companies which have registration at customs office.

• Bank compliance in Ukraine is much faster in Ukraine than in other countries. Opening of bank account from 3 days to two weeks. Online banking platforms work faster and more reliable.

• Registration, reporting and other governmental services are often online, which minimizes expenses, and time for paperwork.