November 2, 2011
Ukraine benefits from a consumer market of approximately 45.98 million people, and enjoys an opportune geographical location, a mild climate, a rich natural resource base, a highly educated labor force, a well-developed transport infrastructure, and a well-developed tradition of scientific research and development. Despite the fact that Ukraine has experienced steady economic growth over the past five years, the country faced serious challenges in curbing the negative consequences of the world economic crisis and remains in need of investment in all sectors of industry. However, many economic sectors (IT, software development, machine building, agriculture, textiles etc) remain dynamic and present huge opportunities for foreign direct investment.
Conducting Business in Ukraine has been prepared as a general guide for companies operating in or considering investment into Ukraine. It is intended to present an overview of the key aspects of the Ukrainian legal system and the regulation of business activities in this country.