Established a company for a Swedish citizen in Ukraine

In November 2017 a Swedish citizen called on our company. He wanted to establish his own firm which provides marketing services in Ukraine.

As always in such cases, Client needed a complex decision. Registration of company includes primary consultations on matters of conducting business in Ukraine: features, advantages and disadvantages of legal forms of business in Ukraine; systems of taxation in Ukraine; principles of the labor laws which regulate employment of foreigners, minimal requirements for salaries of employees etc.

Also services on providing a nominal director and address are popular before the company will have started its activity. According to the current laws, company can use an address of law firm’s which provides services for it and director’s functions can be conducted by one of lawyers. This option is the most simple and most trustful for a Client. We don’t recommend to use a mass address for the state registration. First of all, there are a lot of companies with these addresses and it will be hard to prove location of a company’s management there. Secondly, these addresses are already known by the State Fiscal Service of Ukraine and it is not unwanted while getting a certificate of VAT payer and in other situations.

While we work with foreign Clients, we also take a duty to conduct primary accounting and submitting reports. At the beginning, company’s activity has to be organized – an opening of a bank account, a getting keys for distance submitting of reports, an opening of a salary project etc. In this case we also had to draft a typical form of agreement on marketing services.

Our specialists took provided a full legal support of the procedure of establishing business by foreigner in Ukraine. They provided him with the most comfortable terms for starting his business. The Client signed the first agreement on his services and the salary was paid to the director during the first month.

All about opening a foreign business in Ukraine is here.

You can find out about our company’s services via the link. 

Publication date: 13/12/2017

About author

Name: Volodymyr Gurlov

Position: Partner

Education: National Academy of the Security Service of Ukraine

Knowledge of languages: Russian, Ukrainian, English

Email: [email protected]

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