Ukraine flag Ukraine: Operating a Business in Ukraine

Starting a business in Ukraine

Legal Forms of Companies

Tovarystvo z Obmezhenoyu Vidpovidalnistyu ou TVO (Private Limited Company)
Number of partners: Minimum 1, no maximum.
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited  to the value of their contribution.
Vidkryte akstionerne tovarystvo (Joint-stock company)
Number of partners: Minimum 1, no maximum.
Capital (max/min): Minimum: 1250 times the minimum wage at the date of registration
Shareholders and liability: Limited to the value of their contribution.
Limited partnership
Number of partners: Minimum 2, no maximum.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: Liability of the active partners is unlimited, that of sleeping partners is limited to the value of their contribution.
General partnership
Number of partners: Minimum 2.
Capital (max/min): No minimum capital requirement.
Shareholders and liability: Liability is unlimited.
The Competent Organisation
The formation of a company with foreign shareholding has to be registered with the local administration where the headquarter of the company being formed is situated.
It is also necessary to register with the Ministry of Economy.
 
Setting Up a Company Ukraine Eastern Europe & Central Asia
Procedures (number) 6.0 5.3
Time (days) 6.5 11.8

Source: Doing Business, 2016

 
Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Ukraine.
Business Support Department

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Latest Update: June 2022

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