New 2027 KVED Classifications for Licensed Businesses: How the Shift to NACE 2.1-UA Affects Licenses
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Effective January 1, 2027, Ukraine will transition from the KVED-2010 classification to a new system of economic activity codes — NACE 2.1-UA. For some companies, this shift will be a minor technical update. However, for businesses operating in licensed, permitted, or highly regulated industries, the transition could carry far more serious legal implications.
If your enterprise operates in medicine, pharmaceuticals, energy, waste management, construction, transportation, security services, financial services, electronic communications, or any other regulated sector, verifying the new codes is not a matter of mere statistics. Instead, it must be carefully evaluated through the lens of active licenses, regulatory permits, existing contracts, banking compliance, and your actual operational model.
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