News Ukraine

Foreigners will be able to start up businesses in Ukraine online

What is Ukrainian E-Residency?

This is a new special status for foreigners, which provides an opportunity to conduct business in Ukraine online, without the physical presence of a person.

Foreigners will be able, without physical presence:

  • get e-resident status
  • register as an entrepreneurship
  • pay a tax of 5% of the income
  • open an online bank account

Taxation and reporting for e-residents will be automated.

How is everything going?

A foreigner registers in the DIYA application (a specialized application developed by the Ministry of Informatization) and undergoes a financial and security check.

After positive conclusions as the result of verification, the person becomes an electronic resident and receives an electronic digital signature.

After that, the person can open a bank account remotely, and this bank will be the tax agent for the e-Resident in the future.

At the same time, reporting, correspondence and other interactions with the tax authority are conducted exclusively online, and settlements are made in the cashless form.

We are always ready to provide legal assistance to foreigners in starting up a business, advise on taxation issues and support businesses on an ongoing basis, providing a full range of legal services to ensure the protection and rights of any investors in Ukraine. We have been successfully working for you for more than 10 years!

ADVICE

Ukrainian Attorney Firm

Lawyer, PhD Vitalii Kulakov

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