Business registration in Ukraine

Individual taxpayer identification number by Ukrainian law is a document which is issued by Ukraine fiscal service to an individual. Any person, regardless the citizenship has the right to obtain Ukraine tax ID number . In Ukraine people usually get the ID code by 16 years.  What  identification number is needed for? This document is needed during transactions with any kind of property or asset. For example, if you are going to sell a house or to open a bank account or to get a loan be sure it will be needed. Usually, a notary or a person that certifies the contract requires an identification code. The tax number is also required for employment in Ukraine or when establishing a company.  That is, if you come to Ukraine for work, business or social activity, first of all you will need to translate your passport and to get a taxpayer identification number.  But the legislation of Ukraine gives the right not to obtain a code to persons who  refuse to have it  because of thei

Foreign companies and corporations have the right to establish representative offices or representative branches in Ukraine. Ukrainian law prohibits, with the help of the office, to conduct economic activities. Representatives are used for the purpose of promoting goods and services. For example, the Toshiba representative office in Ukraine carries out advertising campaigns, monitoring the implementation of warranty and post-warranty services, conducting surveys and determining the needs of customers and negotiating and concluding agreements on behalf of the parent company. While the representative office has no right to directly import and/or sell goods. If you intend to conduct economic activities, registration of business in Ukraine is necessary.  To incorporate a branch office documents are submitted to the Department of Ministry of Economic Development and Trade of Ukraine. For the legislation of Ukraine, the representative office is not a legal entity. But the identification