There comes a time when the owners of foreign companies face the task of expanding their activities. Registration of a new company, along with the cost of money and time, also requires additional control; cooperation with individual intermediaries will entail additional costs. Therefore, from the point of view of effectively organizing your activities in Ukraine, the best option for you, as a foreign company, would be to register a representative office, with the support of our specialists from the RAIDO company.

A representative office of a foreign company is a separate division that has the right to represent the interests of a foreign company on the territory of Ukraine with certain rights and competence in accordance with the requirements of Ukrainian legislation.

 

Registration of representative offices of foreign legal entities

A representative office of a foreign company registered in Ukraine is not a separate legal entity, but is a division acting in the interests of the company’s head office abroad.

 

Advantages of registering a foreign company in Ukraine

The advantages of registering a representative office of a foreign company are as follows:

 

– there is no need to form an authorized capital;

– the opportunity to receive tax and customs benefits;

– there is no need to obtain a work permit for foreigners in Ukraine (within the quota);

– the income of the representative office is not subject to mandatory exchange for hryvnia;

– residents who are employees of the representative office have the right to receive wages in foreign currency.

 

Registration of a representative office allows you to:

 

– open an account in any bank in Ukraine;

– obtain official status of a foreign representative office;

– obtain permission to use executive license plates for the car;

– open visas for foreigners/employees of foreign missions and members of their families.

 

Before registering a representative office, you need to decide what type it will be: non-profit or, on the contrary, permanent.

 

There are two types of representative office of a foreign company in Ukraine:

 

– a non-profit representative office of a foreign company that does not carry out economic activities (registered primarily for the purpose of collecting information, market research and performing other tasks). With this type of representation, it is necessary to comply with the requirements of non-commercial activity, since if any evidence of economic activity is identified, penalties and liability arise;

– permanent representative office of a foreign company for the purpose of carrying out business activities in Ukraine. To register this representative office, you must become a profit tax payer and obtain the status of a permanent representative office.

The process of registering a representative office of a foreign company in Ukraine is carried out according to the following main stages:

1) registration of a representative office with the Ministry of Economic Development and Trade of Ukraine, after which a certificate of registration of the representative office is issued;

2) registration of a representative office with government bodies at the location:

– registration in the Unified State Register of Enterprises and Organizations of Ukraine;

– registration with the Statistics Department;

– registration with the State Fiscal Service;

– registration with the Pension Fund.

 

Without the appropriate knowledge, registering a representative office is quite difficult and time-consuming. Trust the RAIDO company and don’t worry about registering your representative office in Ukraine - we will quickly achieve results, saving your time and effort!

 

To register a foreign representative office you need to submit the following documents:

 

– copies of passports and identification codes of the director and accountant;

– a certificate from the bank and the current account number in this bank;

– an extract from the trade (banking) register of the country of location of the officially registered main management body of the foreign company;

– a power of attorney to exercise representative functions in Ukraine, issued in accordance with the laws of the country where the foreign company is officially registered;

– a power of attorney from the main representative office, issued to an employee of our company for the purpose of representing interests in the registration authorities;

– a lease agreement for the office where the representative office will be located.

 

The above documents must be notarized at the place of issue, legalized at consular offices representing the interests of Ukraine, and translated into Ukrainian.

 

RAIDO provides services for registering a representative office of a foreign company in the shortest possible time and with the most effective results, which includes:

 

– consultations on issues that will arise during the preparation of documents and on the procedure for registering a representative office;

– collection and preparation of all necessary documents for registration;

– submission of documents to the Ministry of Economy of Ukraine;

– opening a bank account for the representative office;

– registration of a representative office with the State Fiscal Service (receipt of a 4-OPP certificate on taxpayer registration);

– registration with the Ukrainian Statistics Authority;

– registration as a single social contribution payer;

– registration with the Pension Fund of Ukraine;

– obtaining information from the Unified State Register;

– registration of a representative office as a taxpayer, etc.

 

Our company can also provide you with the following additional services for registering a representative office of a foreign company:

– support and assistance when signing a lease agreement;

– issuing invitations for non-residents and employees of representative offices of foreign companies;

– registration of service cards for employees of the representative office in Ukraine;

– printing production;

– legal registration of a current account at a bank institution, etc.

 

When documents are accepted for registration at the Ministry of Economic Development and Trade of Ukraine, an account number is issued for payment of the state fee in the amount of $2,500, which is paid by the client.

Immediately after paying the state fee, a certificate of registration of a representative office of a foreign company in Ukraine is issued within 60 days.

 

Cost of registering a foreign company in Ukraine

The cost of services is agreed upon. Contact us at: +38 (063) 739 2576

THE DEADLINE for completing the registration of a foreign representative office in Ukraine is about 2 months.

 

For more detailed information on registering a foreign representative office, please call: +38 (063) 739 2576

 

 

Would you like to receive advice on other issues?

The company "SEOPLANET" will quickly and efficiently create a website for you on any topic.

This is what prudent leaders do.