Setting up Business in Ukraine

Ukrainian legislation provides large potential for investment and business vehicles, all of which can be grouped into corporate and contractual categories.

Companies in Ukraine may be established in the following forms:

• Joint stock company.
• Limited liability company.
• Company with additional liability.
• Company with combined liability.
• Company with full liability.

The most common are:

• joint stock companies (JSCs), similar to US Corporation, German AG or French SA forms;
• limited liability companies (LLCs), similar to French SARL or German Gmbh forms, both of which embody the concept of limited liability for investors.

The Ukrainian legislation provides that a company shall be terminated in the following circumstances:

• by the decision of the participants/shareholders (voluntary liquidation);
• on the basis of a valid and effective decision of a court;
• on the basis of a decision of a court as a result of the bankruptcy procedure.

Setting up business in Ukraine (PDF)