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Anyone actually have a registered business?

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Old 11th July 2012, 16:36
monterrey monterrey is offline
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Question Anyone actually have a registered business?

I have seen a lot of posts in reference to business and starting a business. Does anyone (foreign) actually have a registered business in Ukraine like a restaurant, or a school? Any any shakedowns or any need to pay the 10% to you know who?
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Old 12th July 2012, 03:28
AkMike AkMike is offline
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I have friends that own a business there and yes shake downs of one type or another is common unless you know someone 'special'.
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Old 15th October 2012, 11:24
AlexMc AlexMc is offline
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I have operated here in Kiev for more than 10 years. It depends. If you have lawyers and accountants that are good enough than everything works pretty well. However, without these professionals, I think it would be difficult as I hear stories from time to time from expats and locals.
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Old 15th October 2012, 15:08
Pitter Pen Pitter Pen is offline
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Doing business in Ukraine, in terms of dealing with the State, means basically:
1) business registration;
2) paying to the tax service and pension fund.
The more your business gets complex the greater number of state services to report to. For example, when you have employees you need to report to the state employment agency.
Talking about restaurants. If its sanitation and fire safety correspond to the requirements then you do not have to pay. If it does not then you have to pay a fine. If you do not want to pay the fine and know "someone" then you might pay a bribe.
I know a guy who sells caskets here and I have reasons to think he is doing quite well.
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Old 6th February 2013, 13:11
CaptainRelaxo CaptainRelaxo is offline
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I'm foreign, own a business, have an office etc... and have never paid a bribe or had a shakedown, if everything is done legit you can avoid that situation (largely). PM me if you would like the contact details of our lawyer, he was very reasonable and helpful during our LLC setup.
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Old 27th February 2013, 02:34
dan2013 dan2013 is offline
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I wounder how much lawyer got from you I guess it was enough to bribe certain people without your knowledge. But anyway it all depends on what type of business you have and what type of income you get from it. If income is lower than certain amount, no one will bug you.
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Old 27th February 2013, 09:12
AlexMc AlexMc is offline
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I agree. In general Ukraine is not bad with basic incorporation procedures with lots of service providers doing this professionally. However, upon incorporation you need to carefully document every step in order to avoid any problems
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