A large number of European entrepreneurs are currently operating in Ukraine and many more are considering investment. If you are thinking of joining them, Monvair can help you successfully navigate the unique challenges of the Ukrainian legal and business environment.
Ukraine has already adopted many principles familiar to EU-investors.
Its accession to the WTO accelerates trade and puts another layer of protection on investments. It also should not be forgotten that Ukraine's tax rates are competitive, making the country a preferred investment destination, despite a still complex regulatory framework.
To avoid legal traps together with civil, administrative and criminal liabilities Monvair provides legal services and advising companies and individuals on how to establish themselves in Ukraine in the following:
- advice on different practical issues, including the application of customs regimes and tax concessions;
- professional legal analysis of agreements, contracts and other documents drawn up by businesses when making investments in Ukraine;
- practical assistance in preparing all types of contracts and obtaining licenses and certificates
- obtainign all kinds of licenses;
- obtaining the National Bank permission for the loans from non-residents;
Company formation
In Ukraine, a company may be founded by Ukrainian and/or foreign legal entities, individual citizens as well as foreign citizens and individuals without citizenship. A company acquires the status of a legal entity after state registration.
A number of options are available for company or individual when considering to establish business presence in Ukraine:
- Limited Liability Company
- Representative Office
- Joint Stock Company
- Joint Venture
- Subsidiary
- Partnership
- Non-corporate joint activity
Monvair offers an extensive range of services to register companies in Ukraine, including the preparation of documents and their submission to the local state registrar agencies, the tax authorities, the statistics office,and various social and pension funds , negotiations with officials of these agencies, as well as opening bank accounts and other formalities.
Work permit for non-residents
Foreign nationals arriving legally in Ukraine may temporarily stay in the country on the basis of their passport and relevant entry visa (if required). The stamp affixed to the foreign national's passport by Frontier Service officer at the first entry to Ukraine is considered an automatic registration for the period of 90 days (cumulatively) in Ukraine.
However, for foreign nationals who are either directly employed by local companies, seconded to work in Ukraine by foreign companies, intra-company, or providing services to affiliates, Work permits must be obtained.
Monvair provides a complete range of legal services for non-residents in the following:
- Obtaining Work permit;
- Obtaining a Temporary Residence Cards for non-residents in Ukraine;
- Obtaining Tax Identification Code;
- Procedure of filing tax returns and paying personal income tax;
- Opening Bank accounts for non-residents.
