Doing business in Ukraine has some specificity and has significant difference from doing business in other countries. Following the recent reforms, Ukraine is insensibly becoming an attractive place to do business and invest for the foreign business community.
Numerous of changes to the Tax Code of Ukraine came into force, including those concerning foreigners since January 1, 2017.
The investment climate is called a set of financial, political, organizational, legal, socio-economic and geographical factors inherent in a particular state, that positively or negatively affect the flow of investments. In fact, the investment climate reflects the degree favorable situation prevailing in the country in relation to investments that may be involved.
The interest of investors to Ukraine is constantly growing, caused by favorable market conditions, the availability of attractive investment sectors, special regime for foreign investments and positive changes in legislation.
The taxation procedure for the income, obtained by a non-resident from Ukrainian source is mainly governed by the Tax Code of Ukraine.