5 Best Cities For Doing Business In Ukraine

by Roman Cheplyk
Wednesday, December 1, 2021
5 Best Cities For Doing Business In Ukraine

Before you start your business, you need to know where it is best to do it. After all, an expensive branded store is unlikely to be in demand in a small town, and a coffee shop in Kyiv may not compete

Experts have identified 5 cities in Ukraine that are best suited for small and medium businesses.

The head of the Organization of taxpayers of Ukraine Hrigol Katamadze claims that Ukraine, in general, can not yet say that doing business in the country is comfortable. However, the expert notes that in Ukraine, there are still some cities where small oases are created for doing business and, oddly enough, it is not the capital at all. 

"I would not talk about the capital of Ukraine, the city of Kyiv, because it is a large metropolis and about 40% of all investments in Ukraine are concentrated here. I would call Chernihiv, Kharkiv, Dnipro, Lviv, and Chernomorsk," says Hrigol Katamadze.

According to the expert, it is in Chernihiv, Kharkiv, Dnipro, Lviv, and the Black Sea small and medium businesses that local authorities create the most favorable conditions for comfortable interaction.

“Therefore, if you come here at intervals of six months, you see new cafes, restaurants, shops, pedestrian areas, and more. This speaks of only one thing: the local authorities in these cities are doing everything to create such an important middle class for the country's development," said the president of the association of taxpayers of Ukraine.

Another option to get rich quickly is considered by most to be opening a franchise of a ready-made, well-known brand.

However, keep in mind that you will constantly have to pay royalties and work according to other people's rules, not giving room for your creativity and imagination.


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