How a Foreign Businessperson Can Obtain a Residence Permit

YURIY PROTSENKO
Partner, Head of Corporate and Migration Law Department

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How a Foreign Businessperson Can Obtain a Residence Permit
«AROU»

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    Starting a business in Ukraine opens the possibility to extend your stay beyond the general regime by obtaining a temporary residence permit. Foreigners and stateless persons can remain in Ukraine to conduct business or appoint an authorized person as a director.

    Opening a company in Ukraine allows you to get a work permit and expands the horizons for migration activities.

    Why Choose Ukraine for a Startup:

    • Flexibility in Conducting Various Types of Business: Ukraine offers wide opportunities for launching and developing various types of entrepreneurial activities, allowing entrepreneurs to implement their ideas without unnecessary restrictions.
    • Affordable Startup Costs: Starting a business and registering a company in Ukraine is significantly cheaper for foreigners than in the European Union. This makes Ukraine attractive for startups with a limited budget.
    • Comfortable Living Conditions: Ukraine is a multicultural country with a rich cultural heritage and history, which warmly welcomes representatives of different nationalities. This makes it an ideal place for living and developing a business, providing entrepreneurs with various opportunities for successful development.

    Navigating this path without qualified legal support is challenging due to the language barrier, lack of knowledge of Ukrainian law, and bureaucratic complications. Therefore, it is wise to entrust your affairs to experienced professionals from the the Lawyers and Realtors Association of Ukraine “AROU”.

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