Large business setup in Ukraine
Starting a large company requires thorough preparation and effort, with specific challenges and considerations to address. Let’s explore the benefits of launching a major corporation in Ukraine and how our tailored solutions can help drive your success.
The process of setting up a large business
Setting up a big business in Ukraine is similar to starting a small or medium-sized business, but it requires more time and resources due to its size and complexity. The process includes:
Choose a business name
The name of the business must be original and not currently being used. The website of the Ukraine Trade Registry can be used to verify if a name is available.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your large company. We offer expert advice on Limited Liability Company (LLC), Joint Stock Company (JSC), Branch Office, and Holding Company to assist you in making an informed decision that fits your needs and goals.
Set up legal address
It is crucial to have a valid legal address when launching a business, as it acts as the primary point of contact for government agencies, legal authorities, and important business communications. Selecting a legal address that complies with local regulations and fits the needs of your business is essential.
Get the necessary paperwork ready
Our team of professionals is dedicated to assisting you in developing detailed and tailored documentation that aligns with your company’s structure and objectives. We ensure compliance with all legal requirements and will handle the filing procedures on your behalf.
Open a bank account
We will guide you through the entire process of opening a bank account, making sure that your company follows all the necessary regulations and selecting a trustworthy financial institution for your account in Ukraine.
Company registration
We manage the registration process with entities such as the Trade and Companies Register and tax authorities, taking the administrative burden off your hands. This ensures that your business is legally recognized and compliant from the outset.
Setup accounting
In order to effectively start a major business, it is crucial to keep precise financial records. Our team of accounting professionals can assist in implementing efficient accounting and bookkeeping procedures that adhere to Ukraine’s regulations.
Large business examples
Big companies work in various fields and sectors, each with its own unique requirements. Here are some examples of big companies:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Ukraine
Ukraine is an appealing location for establishing large businesses, providing a variety of benefits.
Strategic location
Ukraine is a developing market with plenty of chances, a reasonable cost of living, and a talented workforce, especially in IT, agriculture, and manufacturing. Despite facing difficulties, Ukraine provides advantageous access to European and Asian markets, government perks for foreign investments, and a flourishing startup community, making it a desirable location for businesses aiming to benefit from its opportunities.
Favorable tax regime
Ukraine’s corporate income tax rate is 18%, with ongoing reforms aimed at enhancing the business climate. Some regions may provide extra incentives, and Ukraine’s advantageous geographical location between Europe and Asia is key.
Banking
The banking sector in Ukraine, which is in the process of reform, offers prospects for development and investment, with an emphasis on modernization, productivity, and the expansion of financial services in the changing economic environment.
Our Large business setup solutions
We understand how valuable your time and resources are, which is why we offer two convenient options to streamline the company formation process.
Business formation online
By utilizing the online platform offered by Ukraine, individuals can start and finalize the process of setting up a business from any location around the globe. The option to track progress, file necessary paperwork, and access our services via secure digital platforms guarantees a seamless and hassle-free experience.
Business formation remotely
If you’d rather not be involved in the paperwork, we can do it all for you. Our expert team will handle all necessary formalities, fill out the required paperwork, and communicate with the appropriate authorities on your behalf for your convenience.
Contact us
Get in touch today to schedule a consultation and begin pursuing your business goals. Let’s embark on this journey together.