2016

Ukraine

Brief country overview

Prepared by Start Global

Start Global — opportunities abound

№112

Ease of doing

business

(1-189) 2014*

Inflation 2014**

12.1%Paid in minimum

capital requirement

no minimum

capital

requirement

Required share of

capital

at least

USD 0.04

Time 3-5 days

LLC Incorporation

servicefrom USD 56***

LLC incorporation

The Ukrainian market is poised for renewed growth by 2016

*An index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Data in Doing Business 2014 are current as of June 1, 2013*

**Annual percentages of average consumer prices

***Includes all required fees and charges; preparation of all necessary documents for the registration of the company; opening a bank account (if required); registration of company in the State Administration, Tax Administration, Statistical Office;

company stamp; all the documents of company and certificate of unified tax paying (if required)

Sources: IMF, CIA, oanda.com, World Bank Group, www.ef.com, www.minjust.gov.ua, export.gov

Average growth

rate of real GDP

until 2020

2.0%

GDP 2014, USD

132bln

Relationships are highly important in

Ukrainian culture

Appointments should be reconfirmed shortly

before the meeting day

Languages spoken in Ukraine: Ukrainian

(official), Russian; Romanian, Polish and

Hungarian (minority languages)

Level of English proficiency: moderate

Business culture

features

2

Ukraine

Start Global — opportunities abound

Source: ukrstat.gov.ua

Food manufacturing in Ukraine is the most developed industry

Production value in the most developed industries in 2014 and CAGR (2012-2014), %

3

Ukraine

5.43 bln USD

-13.9%

Metallurgical

industry

15.56 bln USD 23.55 bln USD 22.52 bln USD

-20.5%-17.8%-11.9%-3.1%

14.32 bln USD

Food

industry

Electric-power

industry

Mining and

quarrying

Chemical

industry

The reasons of industries decline were collapse of trade with Russia, reduction of sales to CIS markets and

the geopolitical situation in Ukraine. Nevertheless there is a new trend of growing sales to EU markets

LOCAL PRESENCE

IN COUNTRIES

11+

CLIENTS

40+

INDUSTRIES

20+

CUMULATIVE

YEARS OF

EXPERIENCE

25+

Coverage of Start Global

START GLOBAL YOUR GUIDE TO FOREIGN MARKETS

GET YOUR INTERNATIONAL ADVISER BY:

e-mail: info@start-global.biz

tel: +38 (044) 225 04 40

www.start-global.biz