Ukraine is a destination worth exploring due to its innovative legal initiatives, offering opportunities in both traditional industries and the fast-growing digital economy. Two key investment programs – the State Support for Large-Scale Investment Projects (the "Program") and the Diia.City virtual economic zone (“Diia.City”) – provide forward-thinking businesses with diverse possibilities.

For foreign investors wishing to work in Ukraine, understanding the requirements for obtaining a work permit is essential. This publication outlines how foreign investors and future employees can obtain a work permit. The first step for a foreign investor is to establish a company in Ukraine. Once the company is registered, it can apply for a work permit for the foreign investor and future employees.

In this guide, we outline the essential steps for non-residents to establish a Limited Liability Company (LLC) in Ukraine. Ukrainian residents can also expedite the company registration process online via the Diia portal.

Effective 16 August 2024, Ukraine's Medical Cannabis Law will enhance patient access to medical cannabis for specific conditions and regulate its use for medical, educational, and research purposes. This legislation also creates investment opportunities and simplifies industrial hemp cultivation, though recreational cannabis remains illegal.

In today’s interconnected world, navigating cross-border legal procedures is essential. For individuals and businesses operating between Ukraine and Germany, arranging a power of attorney is crucial for the effective management of business activities, property, and financial matters. As more Ukrainians and businesses establish themselves in Germany, we are here to streamline the process of formalizing legal authority. Our guide provides a clear, step-by-step approach to help you navigate this process efficiently.

Ukraine is taking the next step towards implementing medical cannabis as a therapeutic tool, bringing this initiative closer to realization. A law published on 15 February 2024, will come into effect on 16 February 2024, with its enforcement starting six months later, on 16 August 2024, aims to expand patient access to treatment using medical cannabis for specific conditions.