Market Entry Services for International Businesses

Entering Ukrainian market - current challenges and the way to success

Entering any foreign market demands full scope analysis and complicated preparations to be successful and to meet the expectations. The whole batch of issues related to elaboration of the business strategy in a new market, establishing a legal entity, adapting to the regulations, fulfilling the compliance demands, dealing with all tax matters can be a significant challenge for any international company expanding its business. 

At PwC Ukraine we are capable of guiding you through this challenging landscape to success in doing business in Ukraine. Our experts are exactly the team that you need to mitigate risks, achieve the results you expect from investment in Ukraine and to make your global business even more successful in the constantly changing business environment. 

A key added value of working with PwC Legal is the global business insight we bring to all our engagements. 

We are a part of the largest professional network of over 55 000 tax and legal experts across the globe. Our global Tax, Legal and People practice includes a network of corporate secretaries, lawyers and corporate governance specialists across over 83 countries. It is ideally positioned to assist multinational companies considering expanding into the Ukrainian market, or moving some operations to Ukraine.

If you are considering about investing in Ukraine, our team of experienced professionals can help you to establish and maintain legal presence in the country in the most efficient way, deal with local tax regulations, and provide up-to-the-point responses to all local challenges. Our main benefit is our integrated approach to delivering services and our commitment to delivering a simpler, faster, smarter experience: we offer legal, tax, accounting and reporting services with a seamlessly coordinated team and one point of contact for you.

Clients

In Ukraine firm provides legal services to well-known Ukrainian and multinational enterprises, international organizations, actively works with companies large and medium-sized businesses, newly created companies and companies that just plan to entry into the market.

Our client portfolio includes many Fortune Global 500 and FT Global 500 corporates and their subsidiaries, as well as some largest Ukrainian companies.


How we can help

Our comprehensive support for entering the Ukrainian market encompasses a wide range of services, including expert guidance on tax and legal matters such as:

Legal Presence Set-up

  • Advice on the appropriate form of legal presence, including tax issues,  development of structure of the corporate governance according to the needs
  • Drafting a set of documents to establish a legal entity, representative office, joint venture or other business vehicle, arranging for its registration with the state authorities

  • Assisting in registration as a VAT payer

  • Assistance with bank account opening

  • Assistance with registering a legal address in Ukraine

  • Interim director and interim shareholder functions; corporate secretarial services

Development of business operating model

  • Consulting on various legal matters regarding operation of business in Ukraine

  • Operating model analysis from the tax and legal standpoints and providing recommendations on structuring business operations in Ukraine

  • Analysing and developing the contractual framework in response to business needs, drafting templates of contracts with counterparties (clients, vendors, business partners etc.), intra-group and cross-border contracts

  • Assistance in negotiations with counterparties and company’s subsidiary during the contracts

Internal policies

  • Policy on business trips

  • Accounting policy

  • Code of Conduct

  • HR Policies

  • Internal Working Regulations

  • Collective Agreements

  • Transfer pricing policy

Regulatory issues

  • Consulting and assistance with obtaining licenses, permits and approvals, passing other regulatory procedures in front of Ukrainian public authorities

Tax benefits analysis

  • Advice on possible tax incentives and benefits according to the clients’ business and chosen operating model

Customs regulations

  • Our Customs Team is ready to provide general practical recommendations related to the specifics of customs formalities in Ukraine for release goods into free circulation and/or any customs regime which company is going to apply for its activity
  • Also we are able to prepare high-level comments/recommendations on documents confirming compliance with non-tariff regulations (licences, permits, etc) and with respect to the documents which are necessary for the customs clearance
  • Apart from that, our team has the greatest experience in providing services for obtaining AEO (authorised economic operator) and simplifications

Turn-key Transfer pricing services

  • Various range of TP services from TP policy development to benefit test analysis and full TP compliance

International Tax Structuring

  • Advising on shareholding and financing structures, IP ownership models that add value to your business

Tax Controversy & Tax Litigation

  • Outsource of your communication with tax authorities: analysis of the requests, preparation of the replies, risk analysis of the requested documents & data

IP issues

  • Registration of trademarks
  • Rafting templates of licensing agreements
  • Consulting on various IP issues

Employment and immigration matters

  • Drafting templates of employment agreements with employees of the company, employment contracts management
  • Advice on dealing with internal HR documents
  • Consulting on labour law matters, obtaining work permits and temporary residence permits for foreign employees
  • Registration of the residence permits with the local immigration authorities
  • Advice on visa issues and other assistance

Accounting services

  • Accounting and tax compliance services, including CPT, VAT, payroll related matters and HR administration support

Selective Experience

Provision of a full-scope support with setting-up of the client's business presence in Ukraine, including comprehensive investment advice, structuring and financing issues, corporate governance and other support

Client: Hopewell Residential - is the residential community development, multi-family and single-family construction arm of the Hopewell Group of Companies

Assistance with entering the Ukrainian market via opening a representative office of a non-resident company and further support with setting up a fully operational legal entity, including advice on a specific corporate governance structure, legal assistance in the area if financing, contract law and investments

Client: Joy Global Inc. – one of the worldwide leaders in high-productivity mining solutions

Extensive legal support in restructuring of the client’s business operations in Ukraine, including assistance with transferring the core business to a newly established company, support with launch of the new business operational model in Ukraine based on development of IT-products with involvement of IT-specialists. Our support includes, inter alia: reviewing the existing contractual arrangements and providing on-going complex legal advice on application of legal instruments aimed at increasing the effectiveness and ensuring compliance of the business model with Ukrainian law

Client: Joy Global Inc. – one of the worldwide leaders in high-productivity mining solutions

Contact us

Olga Melnychenko

Olga Melnychenko

Director, Market Entry & Exit, Employment & Immigration practice, Attorneys Association "PwC Legal in Ukraine"

Tel: +380 44 354 0404

Inna Andrushchenko

Inna Andrushchenko

Senior Manager, Tax practice, PwC in Ukraine

Tel: +380 44 354 04 04

Required fields are marked with an asterisk(*)

email

Name & Surname

phone number

company

By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including international transfers). If you change your mind at any time about wishing to receive the information from us, you can send us an email message using the Contact Us page.

Hide