Open
business
in Ukraine

How it works?

~ 1000 $

What we do
Timing
Costs

Navigate The Intricacies Of Company Registration And Essential Aspects Of Ukrainian Business Law With Our Expert Guidance.

Break Language Barriers Effortlessly. We Handle The Translation And Legalization Of Crucial Documents, Making The Process Seamless.

We Secure Your Individual Identification Number, An Essential Step Tailored To Your Specific Requirements.

Let Us Take Care Of The Paperwork. From Charters To Minutes Of General Meetings, Our Team Ensures All Necessary Documents Are Expertly Drafted.

We Navigate The Bureaucratic Landscape, Ensuring Swift And Precise Company Registration With The Ukrainian Ministry Of Justice.

Seamless Interaction With Tax And Social Security Authorities Starts With Us. We Secure Your Business Registration Number Efficiently.

Make Your Mark With An Official Seal. We Handle The Process Of Obtaining A Corporate Seal And Facilitate Hassle-free Banking Account Opening.

Navigate The Complexities Of Ukrainian Taxes Confidently. Our Expert Consultation Guide You Through The Tax Landscape.

Tailor Your Tax Approach To Your Business Needs. We Handle The Registration Process For Value-added Tax (vat) Or Single (fixed) Tax, Ensuring Compliance.

The Ukraine company registration process is designed to be efficient, typically spanning from 2 days to 12 days, particularly if VAT registration is required. Following our initial consultation, we provide you with precise timelines tailored to your specific business needs. Interestingly, the paperwork for required documents often takes longer than the actual company registration procedure.

Several factors influence the duration of this process, including corporate and tax structure, necessary licenses, shareholders, beneficiaries, and more. Generally, it takes up to 2 days to open a bank account in Ukraine. However, if one of the beneficiaries is a foreign legal entity, the bank’s beneficiary owners check can extend the process up to 5 days.

In scenarios where a natural person (not a corporation) with a Ukrainian tax ID establishes the company in Ukraine, we streamline the process. The company registration in Kyiv and the opening of a bank account can be achieved within 2 business days. Regardless of the situation, we ensure our clients are well-informed about the time required for each stage of the process.

Transparency is paramount. For the “Open a Representative Office” package, the cost is a flat fee of $1000. This inclusive fee covers legal consultation, document preparation and submission, obtaining a Certificate of Registration, and registration with the tax authorities.

Step	Costs	Timing
Drafting and registering LLC reference documents	105 USD	2 business days
Notarizing constituent documents and power of attorney	85 USD	1 business day
Securing a legal address for 12 months	235 USD	1 business day
Crafting a company seal	20 USD	1 business day
Obtaining a notarized translation of the passport	20 USD	1 business day
Optional: Utilizing a nominal director’s services (2-3 Sundays, until obtaining a work permit)	290 USD	1 business day
Optional: Changing the appointed director	190 USD	2 business days
Optional: Registering for a TIN (individual tax number)	55 USD	3 business days
Total	1000 USD	12 business days

This table provides a concise overview of the steps, associated costs, currency, and estimated timing for the company registration process in Ukraine.

Other service packages offered by El Era Consult:

Establish A Representative – $5,000

Launch A Representative – $3,000

How to Set Up a Company in Ukraine: A Step-by-Step Roadmap

If you’re venturing into business in Ukraine, this guide is your roadmap to a successful company formation. To kickstart the process, prepare and submit the following documents to the state registrar

01

Application for Company Registration:

Initiate the process with a formal application for company registration.

02

Articles of Association:

Ensure each shareholder signs and certifies the articles of association through a Ukrainian notary.

03

Minutes Declaring the Decision to Establish a Company (Protocol):

Document the pivotal decision to establish the company through detailed minutes.

04

Power of Attorney:

Each shareholder must provide a power of attorney as a crucial part of the submission.

05

Information about Ultimate Beneficiary Owners (UBO):

Clearly present details about the ultimate beneficiary owners involved in the company.

The company registration procedure is overseen by the Department of State Registration of Ukraine. All registered entities are documented in the State Register of Legal Entities and Companies of Ukraine, with ongoing updates for any changes. Your company is assigned a registration number during this process. All relevant data is accessible on the Ministry of Justice of Ukraine’s website. The final step is opening a bank account, concluding the Ukraine company incorporation process.

Additional Insights:

Identification Number Requirement:

All individuals, regardless of citizenship, holding roles as a company director, shareholder, or founder, must obtain an identification number. A Tax ID is not mandatory for naming a beneficiary of a corporation.

Use of Offshore Companies::

Legal ownership through offshore companies is permitted in Ukraine, with approved jurisdictions excluding countries under international sanctions. Some banks may hesitate if offshore companies are among the shareholders.

Double Taxation Avoidance Agreements:

Ukraine has agreements with numerous countries, facilitating business operations and mitigating taxation challenges.

Future Alignment with EU Company Law:

Ukraine’s corporate law is anticipated to align with EU standards by 2025, reflecting its EU candidate status granted in June 2022. Recent years have seen a significant simplification of the company formation and business registration processes in Ukraine.

Do you have any questions?

Our experts will assist you in choosing the optimal service package from El Era Consult to achieve the desired outcome of establishing your business representation in Ukraine!

Submit a consultation request for the your business representative office in Ukraine

We provide a full-service cycle for your business processes in Ukraine: from the creation and submission of initial mandatory reports to comprehensive marketing development of the representative office with agreed-upon metrics and project monitoring through timelines.

EL Era Consult can help you bring your ideas to life and take advantage of unique market opportunities in Ukraine

~41 000 000

Population in Ukraine

$ 450-500

Average salary level

% 10/10/10

Advantageous taxation

№ 4 globally

in the value of natural resources

Resources or Blog related articles

What our partners say
about Service Package

“El Era Consult’s ‘Establish a Representative Office’ package was the strategic choice for our business expansion. Their expertise not only handled legal and accounting intricacies but also guided us in setting up efficient business processes.”

Sergey Goncharuk

CEO, Abir-Tech Consult, Ramat Gan, Israel

“El Era Consult transformed our entry into the Ukrainian market. Their ‘Launch a Representative Office’ package handled legalities, and accounting intricacies, and provided invaluable HR support. A holistic solution for seamless expansion. ”

Vasile Barbaneagra

Founder, Galastar-Grup, SRL Chisinau, Moldova

Open business in Ukraine