Ukraine

Tax residency in Ukraine is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: unknown. No statutory CFC rules apply, which can facilitate the use of foreign holding structures without automatic income attribution.

18% flat PIT + 1.5% military levy. FOP (Individual Entrepreneur): simplified 5% or flat quarterly amounts. Diia City IT special regime: 5% PIT for qualified IT workers. Very large IT outsourcing sector (pre-war $7B exports). Ongoing war with Russia since Feb 2022. EU candidate status. Reconstruction opportunity.

The standard corporate income tax rate is 18%. Establishing a legal presence here involves a higher degree of administrative complexity, often requiring local legal assistance.

Banking access in Ukraine is attainable but may require more documentation and time than in simpler jurisdictions. Internet connectivity is generally good, with consistent broadband availability in business districts and main population centres.

Ukraine is a member of the Financial Action Task Force (FATF) and meets its anti-money-laundering standards. EU tax blacklist status: not_listed. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Ukraine ranks highest for Freelancer and Founder / Entrepreneur. It offers a reasonable proposition for freelancer (score: 55/100). It offers a reasonable proposition for founder / entrepreneur (score: 55/100).