Kyiv Useful Information
Advantages of doing business and investing in the UK:
- easy to start up a business
- no restrictions on foreign ownership and investments
- clear and stable legislation
- a reliable system of justice and enforcement of court decisions
- political stability
- access to local and European markets, including capital markets
- convenient geographical location
- the position of London as the world’s financial capital
- widely-spoken English language
Doing Business in the UK and Ukraine (according to the World Bank’s report 2012):
Source: http://www.doingbusiness.org/reports/global-reports/doing-business-2012
|
|
UK |
Ukraine |
|
Starting a business takes |
13 days |
24 days |
|
Obtaining a construction permit takes |
99 days |
375 days |
|
Propertyregistration takes |
29 days |
117 days |
|
Investor’s protection index (1-10) |
8,0 |
4,7 |
|
Total tax rate (% of profit) |
37,3% |
57,1% |
|
Paying taxes takes (hours per year) |
110 |
657 |
|
Cost to export (per container) |
USD950 |
USD1,865 |
|
Cost to import (per container) |
USD1,045 |
USD2,155 |
|
Enforcing contracts(cost, % ofclaim) |
24,8 |
41,5 |
|
Resolving insolvency takes |
1,0 year |
2,9 years |
English law does not provide for registration of foreign investments. Absence of currency control means that capital can be freely put in place or withdrawn.
