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April 21, 2021

Agricultural business in Ukraine

The agricultural sector in Ukraine has been a very important source of GDP for Ukraine since Soviet times. These days Ukraine possesses about 35 million…

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April 8, 2021

New legal framework being developed for the IT sector in Ukraine

The Ukrainian IT sector has been growing for approximately 25 % a year for several years now and currently generates approximately 5,4 billion dollars of…

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February 22, 2021

Share capital amount no longer needs to be indicated in the company charter

Establishing a company in Ukraine became somewhat easier due to a recent parliament decision. The Ukrainian Law on Limited Liability Companies never included a requirement…

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February 22, 2021

Introduction to Estonia

Over 27 years Leinonen Group has expanded it´s reach to 12 markets around Scandinavia, Baltic States and Central Eastern Europe to help companies by vast…

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February 17, 2021

Ukraine to participate in the EU´s European Green Deal project

The European Green Deal plans to reduce greenhouse gas emissions in the European Union by 40% by 2030. And by 2050 – to reach zero…

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February 3, 2021

Zhytomyr region most comfortable for doing business in Ukraine according to study

The Zhytomyr region was chosen the most comfortable for doing business in 2020 in Ukraine. The top 4 ratings also include Chernihiv region, the city…

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January 4, 2021

Minimum wage increased in Ukraine since 1st of January

The new minimum wage in Ukraine since 1st of January 2021 is UAH 6,000 or approximately 210 U.S. dollars (previously was UAH 5,000). Enterprises in…

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December 28, 2020

The current state of taxation in Ukraine worsens according to business

The EBA has conducted a Tax Index Survey together with EY Ukraine. The results show a worsening of the tax index from 2.95 in the…

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November 30, 2020

Minimum wage increase postponed

Earlier we reported that the Ukrainian parliament planned to issue new increases to the minimum wage in 2021 as follows: up to 6 000 UAH from…

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