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Investing in Ukraine: an overview for companies looking to enter the Ukrainian market

December 9, 2025
This article is also available in
Ukrainian

Ukraine offers exceptional opportunities for investors seeking growth in Europe’s most dynamic emerging market with its

strategic location, skilled workforce, and ambitious reform agenda. Supported by competitive tax incentives, streamlined digital processes, and a pro-business government, Ukraine invites global partners to participate in shaping the future of its economy. Are you looking to expand production, develop new technologies, or enter high-growth sectors? Ukraine offers the right environment and support to make your business thrive.

We have prepared a comprehensive overview of the conditions for investing in Ukraine, covering incentives and investment programs, strategic sectors for investment, and the advantages offered by the Ukrainian market.

Download a comprehensive overview

Key incentives for doing business in Ukraine

Ukraine offers exceptional opportunities for investors seeking growth in Europe’s most dynamic emerging market with its strategic location, skilled workforce, and ambitious reform agenda. Supported by competitive tax incentives, streamlined digital processes, and a pro-business government, Ukraine invites global partners to participate in shaping the future of its economy. Are you looking to expand production, develop new technologies, or enter high-growth sectors? Ukraine offers the right environment and support to make your business thrive.

General incentives

CIT
18%*

%

* Lower than in most EU countries

VAT
20%, 7%, 0%

%
USC
22%**

%

** Within set thresholds, paid only by employer

Unified tax 
5%***

%

*** On income, alternative to CPT

DTT
80 countries

%
PIT
18*%****

%

**** +5% military tax

Specific incentives & investment programs

CPT exemption up to 10 years for significant investments or projects in industrial parks

VAT and customs exemptions on import of equipment and raw materials for certain sectors, e.g. IT, agriculture and green energy

Government and international financial aid for projects in  agriculture, manufacturing and technology

Special low tax regime for IT businesses (Diia City)

State investment coordination office for significant investors and effective office of Business ombudsman

Strategic sectors for investment

Defense and dual-use manufacturing

Green energy and infrastructure

Agriculture and food processing

Critical minerals and mining

Digital and fintech

Construction and industrial parks

Market advantages

Company registration: 24h upon application. Physical presence of shareholders is not required.

Bank accounts may be opened within 2-3 banking days

No requirement for local director or secretary

Audits are based on risk-oriented approach – certain types of business are exempt from audits

High level of digitalization: most licences/permits obtained online, and only few activities require them

Tax and other reporting is mostly done electronically

Most state registers are publicly available – high level of business transparency

The cost of conducting business is relatively low

Investing in Ukraine is a process that can be approached with confidence and safety. The team of experts at Accace Ukraine will support you at every stage, from consulting on entering the Ukrainian market to comprehensive business support.

Contact our experts today – fill out the form below or book a free consultation on Accace Ukraine eShop.

Artem Narodenko
Head of Advisory | Accace Ukraine
Book a meeting with Artem
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