There are a few steps to take before starting a project in Ukraine, and the first and foremost action is to identify the type of project you intend to create.
- Do some research and identify the trends and what is developing in Ukraine at the moment to help you get a clearer idea of what to pursue.
- Move on to the source of the capital: finding investors, which brings us to the next section for starting a project in Ukraine
If you are only starting a project for an existing company, then this step is not necessary. For those who plan on creating their own business in Ukraine, you may need to register your own company.
If you don't plan on shouldering the costs, you will need investors or partners. But once you have a plan and a business proposal, the introduction of your ideas will be much easier.
Advantages - It's always beneficial to collaborate with Ukrainian nationals as your partners or investors.
Strings - This is because they tend to know the ropes, the ins and outs of the legal restrictions, and the language
Language - You may want to learn some basic Ukrainian yourself when thinking about starting a business in the country
The process will go more smoothly if you have Ukrainian nationals running the company.
Otherwise, you will need to obtain a Ukrainian tax number, permanent residence, or relevant visas. It can all be done through a trusted representative or lawyer.
Your trusted representative with a team of qualified lawyers in Ukraine is GT Invest.