To open a limited liability company in Ukraine, investors follow the company incorporation steps and duly register the new legal entity with the authorities. Our local specialists can help you with company incorporation in Ukraine and observe the main registration and compliance requirements applicable in 2026.
| Quick Facts | |
|---|---|
| Minimum share capital for LLC in Ukraine | No mandatory minimum. In practice, a symbolic amount (such as UAH 1 or EUR 1) is always used. |
| Minimum number of shareholders | One |
| Number of directors | At least one |
| Mandatory residency requirements for setting up an LLC in Ukraine | Not applicable |
| Local director required (Yes/No) | No |
| Time frame for setting up limited liability company (approx.) | Several working days |
| Corporate tax rate in Ukraine | 18% general rate, 25% for financial companies (except for insurers) |
| Dividend tax rate | 15% |
| VAT rate in Ukraine | 20% standard rate, other reduced rates (0%, 7%, 14%) |
| Number of double taxation treaties (approx. ) | 70 |
| Annual meeting required | As per the company’s constitutive documents |
| Accounting and filing requirements | Quarterly financial statements, special requirements for certain types of companies. |
| Foreign-ownership allowed (Yes/No) | Yes |
| Tax exemptions or incentives | Available for small companies and agricultural producers (subject to conditions). A special tax regime can be available for ITC businesses. |
| Additional licenses | Industry-specific |
Table of Contents
Main steps for company formation in Ukraine
The limited liability company’s registration is based on a company chart which contains information regarding the name and address of the company, the goals of the company, the amount of share capital and the way it’s paid, the way the incomes and debts are divided, contribution of every shareholder, the structure and the way of paying the contribution, the procedures of reorganization or liquidation of the company.
All the major decisions are taken by the participants’ assembly, whose representatives choose a head of the assembly. The participants’ assembly is called twice a year. Extraordinary meetings may be called by the head of the company or by a specific percentage of members, in special cases such as the company’s insolvency or when the reduction if the company’s capital is requested.
Every member must pay at least 30% of their contribution before registering a company in Ukraine. The bank must issue a certificate that proves the payment. No later than a year after a company registration in Ukraine, each member must pay in full his contribution; otherwise, a penalty of at least 10% from the pending sum must be paid every year. The capital is divided into parts (not shares as in a usual limited liability company in Europe), and each member is liable for the company’s debts only up to his contribution to the share capital. If you wish to know more about the members’ liability, you can talk to a lawyer.
The limited liability company’s registration is based on a company chart which contains information regarding the name and address of the company, the goals of the company, the amount of share capital and the way it’s paid, the way the incomes and debts are divided, contribution of every shareholder, the structure and the way of paying the contribution, the procedures of reorganization or liquidation of the company.
All the major decisions are taken by the participants’ assembly, whose representatives choose a head of the assembly. The participants’ assembly is called twice a year. Extraordinary meetings may be called by the head of the company or by a specific percentage of members, in special cases such as the company’s insolvency or when the reduction of the company’s capital is requested. The announcement regarding the general meeting must be made at least 30 days before.
Every participant may request to discuss a problem during that meeting, but must announce it at least 25 days before it. If it was not announced before, the participants may be asked to discuss it only if there is a majority of votes in favor of the discussion.
Quickly discover the essential steps and key requirements for opening an LLC in Ukraine from the infographic below:
LLC taxation in Ukraine
Tax compliance is an important issue to keep in mind. Our team lists the main corporate taxes for those who are considering company formation in Ukraine in 2026:
- 18% general corporate income tax rate;
- 25% corporate income tax rate applicable to financial companies (except for insurers);
- Lower taxes for companies operating in certain sectors, under special regimes. Our team can give you more details.
Additional information for company formation in Ukraine in 2026
A limited liability company in Ukraine may be ruled by an executive committee that can be collegial (board of directors) or one person (one director) appointed by the participants’ assembly.
A member of the company may be excluded from it only by the majority of votes from the general meeting of the members and only in cases which have harmed the company.
The additional limited liability company is also based on a capital divided into parts, not shares and has the same management structure but unlike the limited liability company the members of it are personally liable with their own goods for the company’s debts.
Investors who wish to open a company in another country, for example, Switzerland, can reach out to our local team of specialists there.
For more information about the Ukrainian limited liability company, please reach out to our company formation experts in the country. Contact us for details and assistance during the incorporation process.