Registration of the enterprise with foreign founders (participants) in Ukraine Kiev and region.
Cost - 4000 UAH.
Term 3-5 days.
On the territory of Ukraine the founder of any enterprise (company) can be any foreign legal entity or individual. There are no restrictions neither on the size of the authorized capital, nor on the composition and number of founders.
We recommend to register enterprises with foreign founders in the form of a limited liability company.
The complex of services on registration of the enterprise (LLC, company) with foreign founders includes the following services:
- Consulting on the choice of taxation system;
- Assistance in selecting the name and checking the name for repetition;
- Preparation and printing of documents;
- Registration in the unified state register with payment of fees;
- Registration with the Pension Fund;
- Registration with the Tax Inspectorate;
- Assistance in the selection of KVED 2012 Ukraine;
- Assignment of KVED 2012 and registration in the statistical office with payment of fees;
- Manufacturing of a seal;
- Support of the client in opening a current account in the bank;
- Registration of the current account in the tax inspection;
- Unblocking of the account in the bank.
|
Service |
Cost in (UAH) |
| Notarization of the charter by 1 founder |
1200 |
|
Notarization of the charter by more than 1 founder |
1200+300 For each founder exceeding one |
|
Registration of LLC with a non-resident company |
1500 |
|
Legal address |
From 4500 |
|
VAT payer registration |
800 |
|
Registration as a single tax payer (3rd group) |
800 |
|
Seal manufacturing |
500 |
Documents to be submitted from foreign founders:
1. Individuals must provide a copy of passport. If the foreigner has a tax code (number) assigned in Ukraine, a copy of the certificate of assignment of the tax number (code) shall be provided. If the future founder has not been assigned a tax code (number), it must be obtained before the start of the registration procedure of the enterprise. The procedure of assigning a tax number (code) takes from 5 to 7 working days and costs UAH 1000. The future founder does not have to come to Ukraine in order to open an enterprise (LLC, company) in his name. He can issue a power of attorney and all procedures can be done on his behalf.
2 The legal entity must provide:
- A document that confirms the fact of registration of the foreign company. Depending on the laws of the country in which the company is registered, such documents are provided: Certificate of incorporation or extract from the court (commercial) register; Detail >>>>
- Power of attorney for a person who is authorized to perform all actions related to registration. In detail >>>>.
Taxation system in Ukraine, which applies to enterprises with foreign founders.
Enterprises with foreign founders are obliged to pay taxes in the same amounts and within the same terms as any other legal entities of Ukraine. There are no tax benefits for such enterprises, but, at the same time, there are no additional tax burdens.
The taxation system in Ukraine is divided into two main categories: general taxation system and simplified taxation system.
General system of taxation.
Enterprises that are on the general system of taxation must pay income tax and value added tax.
The basic rate of profit tax for all types of enterprises including those with foreign founders is 18%.
The basic rate of value added tax is 20%.
Tax benefits for enterprises with foreign founders.
Today there are no benefits for such enterprises.
Simplified taxation system.
Any enterprise, including those with foreign founders (subject to certain restrictions), can switch to the simplified taxation system.
The simplified taxation system implies payment of a single tax. Details about the single tax for legal entities >>>>
Who can be the head of an enterprise (LLC, company) with foreign participants?
The head of an enterprise with foreign participants can be a citizen of Ukraine, a foreign citizen who has a permanent residence permit in Ukraine or a foreigner who has obtained a work permit in Ukraine. Details on obtaining a work permit >>>>>>>>>
It should be noted that a work permit can be obtained only after the registration of the enterprise, in which, at the time of registration, the director is appointed a citizen of Ukraine. After obtaining a work permit for a foreign citizen, the Ukrainian citizen is dismissed and a new foreign director is appointed.
In what currency can foreign investments be made?
If a foreign founder makes a foreign currency as an investment, such currency must belong to freely convertible currencies (currency of the first category). Today such currencies include: Australian dollar, British pound sterling, Danish krone, US dollar, Icelandic krone, Irish pound, Canadian dollar, Norwegian krone, Swedish krone, Swiss franc, Japanese yen, euro.