Frequently Asked Questions
Here are the top 10 questions we get asked about the legal system in Ukraine...
How fast can we setup a business in Ukraine?
Generally it can take up to a month. However as we are based in Odessa and have an in-house notary, a lot of contacts in the Registration offices and a good relationship with them we say up to 5 days.
This can be significantly faster is necessary. We have setup companies, tax systems and bank accounts in 48 hours. (Please ask about our priority service.)
I have heard that the paperwork and red-tape is difficult to deal with in Ukraine when setting up a new business or changing company details, is this true?
In a word yes. Without knowledge of the ways things work it is very difficult for any outsider or foreigner to even know where to begin.
At LHUA we have setup numerous companies for foreigners. We also pride ourselves on the ultimate client service and getting the job done within the timescale and budget agreed.
We are specialists in company registration so call us with your question.
What do I need to consider when setting up an import/export company?
We have assisted clients with numerous problems they have encountered in this field.
There are import duties, specific local laws and it does really help to have a good relationship with port officials. We work closely with the officials in the South of Ukraine where the ports are based. Whatever the situation, whether it is goods from abroad, the shipment of cars, personal effects or valuables, we can help.
We need to stay in Ukraine for more than 90 days but there are currently no business visa options, how do we do this?
We can organize temporary residency or even after some time organize a Ukraine passport for you. There are many ways to do this including buying property, setting up business, marriage. To organize this for you is not difficult for us. Please contact us for more details.
I plan to marry a lady from Ukraine and need to start making a VISA for her to travel to America. What do I need to do?At LHUA we have helped countless men with this problem.
It can be organized quite easily however the necessary documentation and forms must be completed. We make this as fast as possible. VISA's to UK & USA for your future partner take 4-6 weeks.
We will assess your case before it goes to the embassy and give you extra advice on additional documents you could provide to help push your application through faster with a more likely successful outcome.
How does VAT, corporation tax and other taxes work?
At LHUA we have a specialist corporate team who will be able to answer any questions and deal with any inquiries that you may have. Rest assured, whatever it concerns we have probably dealt with similar things before. There are almost 100 different tax systems currently in operation so please send us your specific question for further advice.
I have the chance of a good business investment in Ukraine but I am based in the US, can you help?
Yes, we have US representatives on our team and they are ready to serve you TODAY.
They will take the details they need from you, consider the timescale and other issues surrounding the case and carry out due diligence on your behalf.
We have carried out this process for clients all over the world and advised accordingly.
Our clients will be more than happy to share their experiences with you if you would like to consider our references.
Can I buy an investment property in Ukraine?
Yes you can. With any property investment there are a significant number of checks that should take place. We run through the checklist and understand where to be extra cautious. As was seen in Spain sometime ago it is important to carry out title searches, billing status and encumbered property checks.
I am worried about booking a hotel or apartment in case it's all a hoax, what do I do?
We have worked with a handful of hotels and realtors over the last few years.
We can help you find the right property to suit your needs without even stepping into the country. At LHUA we will organize keys, your airport pickup and deliver you safely to your place of residence.
Our personal assistants are also on hand to help you out with anything else you may need. Taxis, travel, translation and all the usual concierge services.
I need to write some contracts with businesses in Ukraine, what do I need to be aware of?First all contracts and legal papers must be in Ukrainian. We do not advise anyone to enter into any kind of contract without discussing it and understanding it with your lawyers. If it is a contract for employment, an apartment, import/export or any other contract you must be sure that you are protected and be aware of the things that are NOT in the contract.
With over 15 years of experience we will be able to decode and advise on any contracts you come across.
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