Ukraine

Ukraine offers a unique blend of innovation, quality of life, and economic opportunity within the European Union.

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Kyiv

Sources: Ukraine

Hryvnia

Sources: Ukraine

Ukranian

Sources: Ukraine

41M

Sources: Eurostat

18% Corporate Tax

A temporary 2% turnover tax regime is also available.

Ukraine maintains a competitive 18% corporate tax rate, with simplified tax regimes available to support small businesses and key sectors like the IT industry.

39th in Tax Competitiveness

International Tax Competitiveness Index 2023.

Ukraine's tax system is recognized for its competitive flat rates, although the overall business environment is significantly impacted by the ongoing war.

Diia.City Tech Incentive

Special low-tax framework for technology companies.

The Diia.City special legal framework provides Ukraine's booming IT sector with favorable tax conditions, including a 9% tax on withdrawn capital instead of corporate tax.

(Not Rated) on SNS #1: Fast Startup Score

Efficiency of starting a business and administrative support.

Ukraine's digital government platform, Diia, provides many streamlined services, showcasing the country's strong potential for startup efficiency.

4.3% GDP Growth in 2025

Annual real GDP growth rate forecast.

Despite the ongoing war, Ukraine's economy has shown remarkable resilience and is projected to grow, supported by international aid and strong domestic resolve.

(Not Rated) on SNS #6: Access to Finance

Availability of public and private funding for startups.

Access to finance is currently dominated by international aid and government programs, with the pre-war venture capital market significantly disrupted.

62nd on Ease of Doing Business Ranking

Prior to the full-scale invasion, Ukraine had made significant strides in improving its business climate, and this remains a key goal for post-war recovery.

Ukraine offers exceptionally low labour costs combined with a highly skilled and educated workforce, particularly in the tech sector, which is a key asset for the future.

18% Personal Income Tax Rate

A flat tax rate applies, plus a 1.5% military tax.

Ukraine offers a simple and attractive 18% flat-rate personal income tax, creating a straightforward and low-tax environment for its workforce.

Despite ongoing challenges, Ukraine's healthcare system continues to provide essential services, supported by significant international aid and ongoing reforms.

Ukraine has one of the lowest costs of living in Europe, offering exceptional affordability, though this is heavily influenced by the current wartime economy.

Despite immense hardship, the resilience, social cohesion, and pro-European sentiment of the Ukrainian people demonstrate a powerful and shared sense of purpose.

The ongoing full-scale invasion has had a catastrophic impact on Ukraine's security, making it one of the least peaceful countries in the world currently.

The war has severely impacted Ukraine's labor market, but the country's skilled workforce remains a key asset for future reconstruction and economic recovery.

Through its world-leading Diia app, Ukraine has demonstrated a profound commitment to digital-first services, a key pillar of its resilience and future.

The war has caused significant inflation, but monetary and fiscal policies, supported by international partners, are working to stabilize prices.

Find Ukraine's missions, visa services, and residence permit information via the Ministry of Foreign Affairs’ official consular pages.

EU citizens, can enter Ukraine without a visa for up to 90 days within a 180-day period.

Visa applications must be submitted in official websites. There are three types of visa: transit, short-term and long-term visas.