Ukraine’s business environment and legal landscape continue to evolve in a rapidly changing world. While uncertainty remains, businesses keep moving forward — looking for practical solutions that reflect today’s realities and open new opportunities. Each year, KPMG in Ukraine prepares Your Business in Ukraine to provide investors with a clear overview of the economic landscape, as well as practical guidance on tax, legal and other key matters. The guide is designed for those looking to enter the Ukrainian market or expand their presence in Ukraine with greater confidence.
2026
Business in Ukraine is being built and rebuilt in real time. While the full-scale invasion remains a defining context, it is not the whole story. Every day, we see a market that continues to operate, adapt, and compete under unprecedented pressures. Companies are learning faster reorganising supply chains, investing in resilience, and finding practical ways to move forward.
Your Business in Ukraine 2026 is designed to help you do exactly that, to build the foundations for future success. We update this guide regularly to provide a practical, structured view of the market environment, from the economy and key sectors to clear starting points for entering or expanding in Ukraine. This guide supports you in making informed decisions by helping you to identify early priorities, assess key risks, and ask the right questions before committing capital or launching operations.
Ukraine’s path forward will not be simple, but there are investment opportunities for organisations that prepare early, structure decisions carefully, and move with clarity. I encourage you to use this guide as a practical foundation for evaluating opportunities, managing risk, and building with confidence in Ukraine.
2025
According to the sixth KPMG CEO Outlook in Ukraine, part of an annual global survey of business leaders that KPMG first conducted 10 years ago, the level of CEO confidence in the country's growth prospects in 2024 had increased compared to where they were in 2022: up from 44% to 46%. For more context, this figure is more than twice as high as 2020, where CEO growth confidence was a mere 20%.
Despite the impact of Russia’s full-scale invasion and the ensuing geopolitical and economic uncertainty, Ukrainian business has demonstrated unprecedented resilience and continues to grow, with a market that is more open to investment than ever.
In such times, navigating the Ukrainian business landscape can be complex but also rewarding, and our guidance can give you the clarity you need to take on both challenges and opportunities.
We offer a comprehensive guide to help you deal with issues such as how to start a business in Ukraine, what you need to know about tax regulations, how currency restrictions might affect your business, how to insure your company against war risks, what the rules are regarding investment legislation, how to obtain all the necessary licences and permits, and many other useful insights that will help you simplify your business decisions.
