Ukraine

Ease of Doing Business in

Ukraine

This page summarizes Doing Business 2013 data for the Ukraine. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

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Economy Summary
Starting a Business
Dealing with Construction Permits
Getting Electricity
Registering Property
Getting Credit
Protecting Investors
Paying Taxes
Trading Across Borders
Enforcing Contracts
Resolving Insolvency
Region Eastern Europe & Central Asia
Income Category Lower middle income
Population 45,706,100
GNI Per Capita (US$) 3,120
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
137 152 down 15

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
53.5 48.9 down 4.6
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 50 116 up 66
Dealing with Construction Permits 183 182 up -1
Getting Electricity 166 170 up 4
Registering Property 149 168 up 19
Getting Credit 23 23 No change
Protecting Investors 117 114 up -3
Paying Taxes 165 183 up 18
Trading Across Borders 145 144 up -1
Enforcing Contracts 42 44 up 2
Resolving Insolvency 157 158 up 1

Economy Profile

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Starting a Business

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The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 50 DB 2012 Rank 116 Change in Rank up66
DB 2013 DTF** (% points) 84.7 DB 2012 DTF** (% points) 80.2 Improvement in DTF** (% points) up4.5
YearNew business densityNumber of new limited liability companies
2011 0.916,142
Indicator Ukraine Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology Procedures (number)
7 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology Time (days)
22 14 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology Cost (% of income per capita)
1.5 6.8 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology Paid-in Min. Capital (% of income per capita)
0.0 5.0 13.3
No. Procedure Time to Complete Associated Costs
1 Pay registration fee at the bank 1 day nominal
2 Register at the Registration Office 5 days UAH 170
3 Register at the State Statistics Committee 1 day UAH 25.94
4 Register VAT at the State Tax Authority and obtain a VAT number 10 days UAH 17
5 Prepare a seal 2 days UAH 190-250, depending on the complexity of a seal
6 Open a permanent bank account 1 day bank’s charge or no charge
7 Notify the District Tax Inspectorate of the opening of the permanent bank account 2 days no charge

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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