What documents should I prepare for my business there, and what about taxes?
These questions don't have quick answers. The answer to your first question is that it depends on whether you plan to operate within the Ukrainian borders or not. If yes, they will require different information from outside this country — including balance sheets compared with income statements. It's important when thinking through these details before investing in any new market location because each territory has its own set up which may seem daunting at first glance but can be surprisingly similar once all requirements become clear.
Investing in a foreign country may come with red-tape, regulations, and roadblocks. However, to make sure you're operating legally 100% without inviting unnecessary audits or scrutiny, we recommend adhering strictly to Ukrainian law. Especially if your business involves accounting services, because it can be hard enough for local businesses to follow different sets of rules from those established locally when dealing internationally — GT Invest will help keep everything on track!
