Incorporate Company in Ukraine - 3E Accounting Will Help You

A Complete Guide to Incorporate Company in Ukraine

The usual tax rate levied on resident companies by the government of Ukraine is 18% of their worldwide income. Therefore Ukraine is the 62nd in the world in terms of corporation taxation rate. The VAT is 20% making it the 134th in the world. Other taxations would amount to about 22%. With such a low tax rate and amazing market opportunities, to Incorporate company in Ukraine is becoming very attractive many businesses.

Dividends received by a resident company from another resident company are not included in taxable income. Dividends may be in the form of cash, property or stock. Capital Gains, however, are subject to Corporate Income Tax. Inheritance and property are also taxable in Ukraine. The procedure and regulations are quite stable and are not varied to a large extent. For more in-depth details on your company’s type, the taxes you may be liable to pay, the other costs in terms of registration and transitions processes, feel free to reach out to us.

Registration Process and Precautions

Another point one must keep in mind while incorporating a company is the civil law of the country. You must be able to avail local advice to device an adequate structure for you to Incorporate company in Ukraine. As electronic signatures are permitted, you may be able to carry out most of the activities from your home location.
One important consideration to take into account while calculating and planning the move is the type of company you wish to start. The most common type of company in Ukraine is an LLC. It typically takes about 4 weeks time to start an LLC in Ukraine and get it functioning after completing all necessary paperwork.
If you have started your company as an LLC in Ukraine and wish to relocate or re-domicile, that is also allowed. There are some procedures to be followed and then change the jurisdiction of the company.
To incorporate company in Ukraine,, you must have at least 1 shareholder. Therefore you can be the sole owner of a company. You can also establish a company with a partnership with other people of parties. A director, who represents all the shareholders must be present, whose identity must be made public. There must be at least one meeting of the shareholders annually according to the laws of Ukraine.
A company must also have a registered office in Ukraine, for which the company pays rent annually. Any legal papers will be sent to this registered address. We can help you set up such an office in Ukraine.
Your company must file tax returns annually. Therefore your business must have proper accounts filed regularly and audited before submission annually.

Most of these steps can be easily completed with our team’s support and guidance, from your location, remotely and digitally. With our customer-friendly agents and speedy services, to incorporate company in Ukraine will be a breeze.

For detailed information about the type of company business structure, taxes to be paid, fees for registration and conversion process, etc., please feel free to contact us, 3E Accounting will provide you with the most detailed and accurate information.