Limited Liability Company in Ukraine – basics

In following are some of the basics one should know about the Ukrainian Limited Liability Company before taking any steps towards incorporation in Ukraine.

Should you choose to set up a Ukrainian LLC of your own, push the button below and proceed to the online company registration form. You will get a free consultation upon submitting your data.



The number of shareholders is limited to 10. Once they are 11 or more, Ukrainian LLC has to be converted into a Joint Stock Company. The existing shareholders have a pre-emptive right to buy another shareholder’s shares. The General Shareholders’ Meeting is the highest governance body of any LL.C., its resolutions are adopted with the 60% shares majority.


As of April 1. 2012 the minimum charter capital of a Ukrainian LLC amounts to appr. 130,- US dollars. It might seem quite few, but consider the practice for instance. As soon as your Ukrainian company has been set up, it is going to have to report to the Ukrainian Tax Authority on a monthly basis. Such reporting as well as other expenses are required to keep the company working. 130,- US dollars cannot be sufficient for this and different other cash needs. Common types of subsidiaries financing like mother to daughter company loan are hurdled by the bureaucratic loan registration with the National Bank of Ukraine.


Every Ukrainian limited liability company must have at least one director who is responsible for its functionality. For a newly registered company, a foreigner cannot become the director if she/he has not yet obtained the permit to be employed in Ukraine. In such cases an interim director is assigned till the non-Ukrainian director obtains the work permit and the director switch occurs legally. If you do not have any special candidature for the temporary director, one of our employees can take over the function.


Currently (as of April 2012) it is 21% on profit, which is going to be gradually reduced to 19% on January 1, 2013 and to 16% on January 1, 2014. Value Added Tax is 20%. Have a look at our article on the new procedure of the VAT-Payor registration.

Please ask us for advice before taking any action. You can do it here, it this blog right after this post. We are always happy to help.

Sincerely yours,
Alexei Sandakov
CEO, Lobusch Consulting


7 Thoughts on “Limited Liability Company in Ukraine – basics

  1. Paulo on January 2, 2013 at 22:51 said:

    This is very good information but how we can check if the companies are real or not?
    I am from Portugal and I started the business with Ukraine and I have no way to confirm if the companie that I am talking about business is real or not…

    • There’s a way to do this by making an inquiry with the local registration authority. It is also possible to contact the state tax authority for the official profit and value added tax report.

    • Hello Paulo, you can check if the company exists online. To check that it is working you should make some research. We offer this in our background screening package.

  2. cost of registration of LLC company in Ukraine .Time needed to do so.

  3. Muhammad Shahid Noor on November 22, 2013 at 05:16 said:

    Have A Nice Day,
    i want to registration of A contracting @ maintenance company,LLC in Ukraine what is the processes and how much totaly cost inclouded your charges in Lviv city,please reply

    Thanks & Best Regards
    Shahid Noor

Leave a Reply to admin Cancel reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Post Navigation