If you are looking to establish a business in Ukraine, GTInvest offers a comprehensive approach to business management, combining sophisticated IT infrastructure with human capital. In this interview, founder and CEO Alexey Prokhorenko discusses the advantages of investing in Ukraine and how the country can attract international investors. He also shares his own experiences of working on successful projects in Ukraine, including those that were started during the coronavirus crisis.
Process of Investing In Ukraine
First, it is important to understand that Ukraine is a competitive investment environment. Its neighboring countries, the Czech Republic and Poland, each attracted about $11.5 billion in investments in 2018. Although Ukraine has its share of economic development, neighboring countries are offering more competitive incentives and tax incentives. For example, Hungary offers a five-year tax-free incentive for investments of five million euros, a Ph.D. tax exemption, low-interest loans, and an unlimited number of free-market trade agreements.
Once you have chosen a location, you should complete the necessary paperwork. You must submit your project to UkraineInvest. The Ukrainian government will help you set up your business. Then, you must complete a series of agreements with the Ukrainian government. Once you have done this, you will need to apply for investment licenses and other necessary documentation. Without any hesitation, you should Invest in Ukraine to make a huge amount of profit within a very short time.
Once you have gathered all the information and completed all the paperwork, it’s time to get started. After completing the necessary paperwork, you will need to start applying for permits. The Ukrainian government will help you get your LLC Company set up. You will need two types of permits to legally operate in the country. These programs can help you get your business off the ground. You will also benefit from the stability of the Ukrainian government’s legislation. By choosing an investment site in Ukraine, you will ensure that you’re in a place where it’s easy to do business.
For example, the government is willing to provide 30% of the total investment in a project if it meets certain criteria. In addition, there are many tax breaks available for foreign entrepreneurs. Once you have applied for your investment in Ukraine, you’ll need to apply for two permits. You will need to obtain a local permit and a Ukrainian license for the company. If you’re looking to relocate your business to Ukraine, you will need two different permits. Once you have your foreign employees, you will need a Ukrainian visa for your business. To Build a factory in Ukraine you need a mentor to guide you and we have a suggestion for you as a mentor named GTInvest.
When you are starting a business in Ukraine, you should take advantage of free niche models. While you can hire professionals to promote your brand in the Ukrainian market, free niche models are better for you. While the Ukraine market is unknown to many Americans, GTInvest’s representatives will place your model in the right locations for the best representation and opportunities.
To Sum Up
After applying for your GTInvest account, you should fill out a form requesting your initial documents. If you’re looking to relocate your business to Ukraine, you’ll need to apply for two permits – one for your company and one for your employees. A few permits will make the process go smoothly. It is important to note that the amount of support received by the government depends on the specific project and the country.