Incentives & Taxes

International investors characterize the return of Ukraine to international capital markets in positive terms and consider Ukraine as an attractive investment destination. With the accession of Ukraine to the OECD Declaration on International Investment and Multinational Enterprises and becoming a Member of OECD Investment Committee, progressive standards of conducting business are being introduced

Incentives & Taxes

International investors characterize the return of Ukraine to international capital markets in positive terms and consider Ukraine as an attractive investment destination. With the accession of Ukraine to the OECD Declaration on International Investment and Multinational Enterprises and becoming a Member of OECD Investment Committee, progressive standards of conducting business are being introduced

In 2019, Ukraine has moved 110 positions up over the past four years in the Taxation and Trading across borders category of the Doing Business ranking occupying 54th and 78th positions out of 190 accordingly

Ukraine is experiencing an increased demand for capital to renew and expand its industry. Ukrainian banks are primarily focused on improving their balance sheets, resulting in interest rates for local currency debt exceeding 20%. Demand is high for equity capital for operationally strong companies in attractive market segments with healthy balance sheets who seek working capital to finance growth, develop exports or modernize production.

The Law On Currency and Currency Operations — informally known as "visa-free travel for capital" — took effect in February 2019. All existing restrictions were gradually removed, and eventually, FX transactions in Ukraine are now conducted on the principle that "everything that is not expressly forbidden by law, is allowed." This much facilitated the conduct of international economic activities by businesses and opened our country up to an inflow of foreign capital. Such results are a green light for the investors who are just considering and exploring the opportunities of the Ukrainian investment market.

The new rules continue the NBU's direction towards currency liberalization that included simplification of opening, use and closing of accounts, and changes in the procedure of obtaining loans from non-residents. In a recent wave of currency liberalization, NBU cancelled the requirement for the mandatory sale of foreign currency income and all limits for dividends repatriation.

B; Stable
Ukraine's rating upgraded to 'B' with a Positive Outlook


B; Stable
Ukraine's rating raised to 'B' on improved macroeconomic management; Outlook Stable


B; Stable
Ukraine's rating upgraded to 'B'
Today, the State Fiscal Service is making every effort to facilitate doing business in Ukraine and attract investment in the Ukrainian economy. The focus is made on building IT services that allow business entities to spend a minimum amount of time to carry out their activities. Besides, VAT is refunded in a transparent mode starting from 2019. Moreover, special government deregulation meetings quarterly have already led to a repeal of 1300+ outdated regulations.

The significant devaluation of the Hryvnia changed Ukraine into one of the most competitive low-cost production platforms globally. Labor, raw materials and other production costs have declined significantly in U.S. dollar terms. In particular, labour-intensive industries such as food and agribusiness, light manufacturing and small machinery-building are benefiting the most.

Protecting minority investors
Ukraine strengthened minority investor protections by increasing the requirements for the disclosure of related-party transactions

Trading across borders
Ukraine made trading across borders easier by eliminating the verification requirement on auto parts from the State Service of Export Control

Enforcing contracts
Ukraine made enforcing contracts easier by introducing a simplified procedure for small claims and pretrial conferences as part of the case management techniques used in all commercial courts

Openining new offices
Simplified procedure for the opening and operation of branches and representative offices of foreign companies

Your takeaway? Ukraine is open for your business!
We help savvy businesses to invest and trade with Ukraine NOW!
Your takeaway? Ukraine is open for your business!
We help savvy businesses to invest and trade with Ukraine NOW!
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