One of the most common obstacles encountered by international entrepreneurs and investors when setting up a company outside their home countries is that they need to prove a valid address in the jurisdiction where they want to register their new company. In Ukraine, it is no different. In most cases like these, it is advisable to have a virtual office that will allow you to overcome this challenge. You can learn more about it with our lawyers in Ukraine.
The virtual office service gives entrepreneurs, independent professionals, companies that are starting their activities or that are just registering commercially in Ukraine the opportunity to have a professional and efficient space for answering their calls and receiving their correspondence without much hassle.
The difference is that there is no need to incur the fixed costs of a conventional lease and the hiring of employees to handle the reception of documents and handling of calls with a virtual office.
Our attorneys in Ukraine can help you set up your address in a virtual office so that you can move forward with your business registration in Ukraine in no time.
What is a virtual office?
The virtual office is a service offered by our Ukrainian lawyers. It consists of a space to which we assign the responsibility of executing the client’s company’s main administrative tasks that hire the service. Generally, these tasks are:
- You can receive physical documents and official documents during business hours.
- Have a valid tax address that will allow you to go through the company registration process without any problems.
- Have an office phone number and have a person to handle calls for you.
- Pass inspection requirements to verify the veracity of the address by the authorities.
In order to properly open a company in Ukraine, you will need to provide a valid tax address. This is mandatory no matter what kind of company you want to establish. That is why virtual offices are becoming part of the services that entrepreneurs hire after trademark registration in Ukraine.
Is this service for investors or for entrepreneurs?
Both foreign investors and entrepreneurs can use the virtual office service offered by our lawyers, especially if they are setting up companies in Ukraine for the first time.
To find out what is fiscally most convenient for your specific business, it is best to consult directly with one of our attorneys in Ukraine to receive a personalized answer.
What are the main advantages of a virtual office in Ukraine?
The virtual offices in Ukraine that our Ukrainian lawyers can help you get are especially useful for investors who are just exploring the Ukrainian business landscape and do not want to make a significant upfront investment until they confirm that they can do business as they wish in this country.
Not only cautious investors are the only ones who can benefit from this service. Our law firm in Ukraine also recommends using virtual offices for small entrepreneurs who do not have the resources to afford a fixed rental cost or those whose businesses are provided through digital formats and platforms.
Usually, people who have just finished the trademark registration in Ukraineare the ones who enjoy the advantages of a virtual office that allows them to proceed now with the registration of a company to start doing business in Ukraine without any problems.
Can I operate my business outside Ukraine if I have a virtual office?
This will depend on the type of services or products the company you incorporate in Ukraine specializes in, but in general, the services you market online have no borders. If you are not sure what category your business falls into, it is best to consult with a law firm in Ukraine.
Businesses selling services on the Internet can use virtual offices with the help of one of our lawyers to expand their business’ presence before establishing a physical residence in the other region. Holding companies can also be operated outside Ukraine with many problems.
The use of virtual offices also helps to run your company from another country, especially when an entrepreneur wants to reduce his expenses and does not want to risk his capital by establishing his business in another country.
But ultimately, to know for sure if you can set up your company using one of our virtual offices and operate from another location, it is best to discuss it with someone who handles every detail of the matter. One of our attorneys in Ukraine can provide you withdetailed information.
Is it possible to choose the location of my virtual office?
Yes, this is one of the best advantages of virtual offices. Our law firm in Ukraine can help you find a virtual office in a central location that will allow your business to develop as you have planned.
Why should I have a virtual office to open a company in Ukraine?
Ukraine has its own set of attractions that make it an ideal destination to open a virtual office:
- Ukraine represents a strategic business opportunity for many investors. In fact, there are currently more than 650,000 LLCs registered in this country.
- After having a virtual office, the process of opening a company takes between 2 and 12 days.
- You can open a bank account in 2 to 5 days.
- Ukraine’s IT sector makes more than 40% of company start-up requests, so the country’s infrastructure is being accommodated to allow for more digital and technology businesses.
If you need more information about the services our Ukrainian lawyers can help you with, please contact us, and you will get an instant answer. Our lawyers can also help you start a business in Ukraine with no requirement for a minimum share capital for LLC, in approx. 2-3 weeks.