Civil Code of Ukraine (January 16, 2003), the Law of Ukraine “On the State Registration of Legal Entities, Individual Entrepreneurs and Civic Formations”.
To choose which legal structure of business in Ukraine is best for you, you can request us to draw up a legal report, in which we compare pros and cons, as well as tax burden of a certain legal structure.
After choosing the desired form of business, you have to select several variants of a name.
In Ukraine, a name of a legal entity is checked, because it must be unique.
Legal entities with foreign participation, when using names in foreign languages, must use transliteration in the national language, Russian and English.
Also, legal entities, representative offices/branches have a right to use such words as “Ukraine”, “Kiev” and their abridged versions in their names. The law of Ukraine allows to freely use those in the names of the newly created or renamed entities.
At present, all limitations concerning minimum amount of the authorized capital have been cancelled in Ukraine. You can establish any authorized capital fit for you.
*All of the documents must be provided in advance, so we have time to translate them into Ukrainian.
All provided documents must be notarized and legalized in Ukrainian Embassy of a participant’s (shareholder’s) country or apostilled according to Hague Convention of 1961 by the relevant authorities after notarization.
For the participants from CIS countries (Russia, Belarus, Uzbekistan, Tajikistan, Armenia, Ukraine, Kyrgyzstan, Moldova, Turkmenistan, Azerbaijan, and Georgia), no apostilization or legalization of the documents is required according to the Minsk Convention on Legal Assistance and Legal Relations in Civil, Family and Criminal Cases (dated January 23, 1993) (note – depending on the kind of legal actions, there can be some exceptions in the document apostilization rules).
There is no need in the presence of the founders at the time of registration of a legal entity in Ukraine, a duly executed power of attorney will suffice. The presence of a Director General is necessary only at the opening of bank accounts in Ukraine.
Registration of an LLC, together with opening of a current account, takes around 2 weeks. Please, take account of the time necessary for preparation and translation of the documents.
For the first registration of a company, you need to appoint a citizen of Ukraine as a director.
A foreign citizen will be able to head a company only upon obtaining of a work permit.
For those and other reasons (for instance, presence of a director in Ukraine is often needed to sign the documents, interact with the tax and customs bodies), our company renders a service of temporary directors.
Such directors are capable of performing various administrative tasks. The main requirement to use this service is a complete legality of a client’s business.
Registration of a representative office in Ukraine
