Ukraine corporate services: guidance for long-term business continuity

Position your business in Ukraine to access skilled talent, industrial capabilities and broader European market opportunities.

Contact our Ukraine experts

Ukraine: managing corporate requirements in a changing business environment

Ukraine combines a sizeable domestic market, a highly educated workforce and established industrial capabilities, making it an important commercial location in Eastern Europe.

Ukraine's business environment continues to adapt and evolve in response to the ongoing conflict with Russia, with reforms, digitalisation initiatives and international cooperation supporting long-term growth.

Businesses operating in Ukraine must manage company registration, tax, payroll, employment and ongoing compliance requirements while adapting to an evolving regulatory environment.

Our complete suite of Ukraine corporate services

Ukraine company registration, structuring and licensing services

Working with trusted local partners, we support company incorporation and structuring in Ukraine, including registration through the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organisations (USR) administered by the Ministry of Justice of Ukraine. This includes establishing limited liability companies (TOV), representative offices and other permitted business structures and sector-specific registrations and licensing requirements where applicable.

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Ukraine corporate governance and compliance services

We support ongoing corporate governance and compliance in Ukraine, helping businesses meet obligations under the Law of Ukraine on Limited and Additional Liability Companies and beneficial ownership disclosure requirements. Our services help businesses manage shareholder obligations and corporate filings through the USR.

Company administration and secretarial services in Ukraine

We provide continued company administration support in Ukraine, including maintaining corporate records, preparing shareholder and management resolutions, maintaining statutory registers and coordinating filing requirements through the USR. Our services help businesses manage routine corporate obligations and record-keeping requirements in Ukraine.

Ukraine accounting, tax and financial reporting services

We support bookkeeping, tax compliance and financial reporting requirements for businesses operating in Ukraine. Our services are aligned with International Financial Reporting Standards (IFRS) or Ukrainian National Accounting Standards, as applicable, and support compliance with obligations administered by the State Tax Service of Ukraine (STS). This includes support with corporate income tax, value-added tax (VAT), withholding tax and ongoing financial reporting requirements.

Ukraine payroll and HR services

We support payroll and HR administration in Ukraine, including salary processing, employment documentation and workforce compliance requirements. Our services assist businesses with personal income tax (PIT), military levy and Unified Social Contribution (USC) reporting, together with employment-related obligations under Ukrainian labour legislation and reporting requirements administered by the STS.

Ukraine market expansion and global growth services

Ukraine can serve as a strategic operating location for businesses targeting Eastern European markets and broader regional opportunities. Ongoing alignment with European commercial frameworks and the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA) supports cross-border trade and regional business activities. We support organisations establishing operations in Ukraine as part of wider European and international expansion strategies.

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Ukraine visa and immigration services

We assist businesses with work permits, temporary residence permits and immigration requirements in Ukraine, including processes involving the State Migration Service of Ukraine. We also support workforce planning, employee mobility and immigration compliance for multinational organisations. For businesses hiring in Ukraine without establishing a local entity, our Employer of Record (EOR) services support compliant hiring, onboarding and workforce management.

Supporting your complete business lifecycle in Ukraine

Businesses establish operations in Ukraine with distinct objectives and evolving operational requirements. We assist with business establishment, operational management and expansion. Our capabilities can support companies that are:

 

Establishing a business in Ukraine requires coordination of company registration, document legalisation, bank account activation, director appointments and work permit requirements before local operations can begin.

Maintaining operations in Ukraine requires continued attention to tax, payroll and corporate compliance obligations. Businesses must manage financial reporting, value-added tax (VAT), employment-related filings and other recurring requirements while adapting to evolving regulatory and reporting expectations.

As businesses grow, expansion can introduce additional requirements around transfer pricing, foreign-currency transactions and cross-border reporting. Maintaining alignment between Ukrainian compliance obligations and wider European operations becomes increasingly important as commercial activities expand.

Unlock your business potential in Ukraine with Hawksford

With strategic European hubs and experience supporting businesses across international markets, Hawksford helps organisations establish and manage operations in Ukraine. We understand the practical requirements associated with company formation, accounting, tax, payroll, immigration and corporate compliance and can coordinate support across multiple jurisdictions where businesses operate across Europe and other international jurisdictions. Our approach combines local knowledge, regional reach and international corporate services expertise.

Insights and guides

Knowledge sharing is an essential part of our philosophy. Our insights and guides keep you up to date with the latest industry news, analysis and events.

Our clients come first. Every time.

We take time to understand our clients’ requirements and ambitions and also to anticipate their needs. We aim to exceed expectations by making every interaction meaningful and productive. We achieve this through our commitment to impeccable client service.

“We recently set up a new company in Algeria, which isn’t an easy task owing to the legal and bureaucratic requirements. Hawksford were excellent from start to finish and ensured that we achieved exactly what was required in the very limited time we had. Communication was flawless from their team in the UAE. We were really pleased with Hawksford’s service and would highly recommend them."

Director, industrial supply company expanding into Algeria

Client requested anonymity

AI-power-logo

"From the very beginning, the Hawksford team delivered their services in a professional and highly efficient way. They demonstrated great enthusiasm during our relationship and offer high-quality service provision. We look forward to working with Hawksford during our ongoing market expansion in 2024."

Zhang Debao, CFO, AI Power

easyship

"We have worked with Hawksford for many years, and they have been a strong pillar in supporting the accounting functions of our business across multiple jurisdictions. Their professionalism, deep knowledge of local regulations, and consistently high level of service have made them an invaluable partner in our international operations.

We believe other businesses navigating complex international operations would greatly benefit from Hawksford’s expertise and client-first approach. They have been more than a service provider, they are a trusted partner."

Marta Wojcik, Head of Finance Accounting, Easyship

Viadex-logo

"In 2023, we launched an ambitious plan to extend our range of services around the world. After reviewing the market, we chose Hawksford as our partner as they offered an unparalleled support network in the locations we had targeted.

Our experience working with Hawksford has been very positive. The team has extensive knowledge of the jurisdictions we were targeting and has been particularly helpful in navigating unforeseen hurdles with creative solutions. This allowed us to keep moving forward and has been instrumental in the success of our service expansion capability so far."

Jay Sayed, Head of Business Operations, Viadex

gobi300

"From the beginning, Hawksford took care of the essential business set-up, so that we could be up and running and operating successfully in a short timeframe. As a result of such a smooth entry into the UK, we have continued to use Hawksford for accounting services, financial statements, tax declarations and other general administrative services."

Anujin Baasanjav, Head Accountant, Gobi Cashmere UK

Contact our Ukraine business expansion experts

Please fill in and submit the form below to arrange a professional and confidential consultation with our global corporate services team to discuss structuring and managing your presence in Ukraine.