1. Types of business entities -

In order to start business activities involving Ukraine, foreign investors have to choose one of the business forms proposed by Ukrainian legislation. The most popular form of legal presence in Ukraine is the limited liability company (“LLC”). Sometimes, foreign investors may also choose to open a branch (subdivision) (“branch”) in Ukraine. Other business forms are less popular both among foreign investors and local entrepreneurs, such as (the list below is not exhaustive):

• Joint-stock company

• Additional liability company

• General partnership

• Limited partnership, etc.