A self-employed individual must register their company with government agencies, pay taxes on profits they make from working or investing capital into it (up to 15%), and comply with local labor laws that regulate employee benefits like wages and termination procedures. This type of private limited liability company allows you more freedom when running your enterprise. You don't have any restrictions regarding bank accounts or investment opportunities because these are managed separately under entrepreneur status.
Setting up a branch office in Ukraine can be done by foreigners who want to do business there. The Ministry of Economy and Trade promotes registering your company with them, but it's expensive because they charge for this service. It will also need an account set up at their warehouse, which falls under the jurisdiction, so you must contact our agency first since we help find warehouses that suit client needs when setting one-off or long-term storage arrangements. These could either hold inventories upon entering the country (which would require annual inspections) or serve as sites where goods are manufactured locally.
