Why Register a Company in Ukraine?
For Bangladeshi nationals who are entrepreneurs, freelancers, or remote workers, registering a Ukrainian LLC (TOV — Товариство з обмеженою відповідальністю) can serve as the legal ground for a Temporary Residence Permit based on business activity. It also provides a Ukrainian legal entity for contracting, banking, and commercial operations.
This route does not require a Ukrainian employer and does not involve the State Employment Service work permit process. However, it requires genuine business activity — a dormant company is not a valid TRP ground.
Structure of a Ukrainian LLC (TOV)
A TOV requires a minimum of one founder (can be a foreign national), a director (can be the founder), and registered legal address in Ukraine. There is no statutory minimum share capital for most standard registrations, though in practice a nominal amount is recorded in the charter.
The company must have a Ukrainian tax identification number (ЄДРПОУ) and register with the tax authorities before conducting business. VAT registration is optional unless turnover exceeds the statutory threshold.
Remote Registration Process
A Bangladeshi national can register a Ukrainian LLC without being physically present in Ukraine, using a notarised and apostilled power of attorney granted to a Ukrainian lawyer or representative. The process involves:
POA preparation
Draft and notarise a power of attorney in Bangladesh, have it apostilled, and provide certified translation into Ukrainian.
Timeline: 5–10 days in Dhaka depending on notary and apostille queue.
Charter and documents
Ukrainian lawyer prepares the company charter, founders' resolution, and state registration documents.
Timeline: 2–5 days.
State Registration
Documents submitted to the state registrar. Registration is confirmed in the Unified State Register.
Timeline: 1–3 business days from document submission.
Tax and bank account
Company registered with tax authorities, corporate bank account opened (requires director presence or power of attorney).
Timeline: 5–10 days.
Using the Company as a TRP Ground
After the company is registered and operational, the founder can apply for a TRP based on business activity at the DMSU. The application must demonstrate active business — a company with zero turnover and no declared activity may be challenged as a sham structure.