This post provides a clear breakdown of the average company creation and ongoing maintenance costs for a standard Limited Liability Company (ТОВ, LLC) in Ukraine for 2025. All financial figures are presented in Ukrainian Hryvnia (UAH) and converted to USD, using an exchange rate of 1 USD = 40 UAH for estimation purposes.
Average Costs to Establish a Company in Ukraine
Establishing a ТОВ (LLC) in Ukraine involves a mixture of fixed notarial services, legal advisory fees, and minimal statutory requirements. The table below summarizes the key costs you can expect for this process in 2025:
| Expense Item | Amount (UAH) | Amount (USD) |
|---|---|---|
| Minimum capital requirement | ₴1 | $0.03 |
| Notary fees (charter, registration, average) | ₴5,000 | $125 |
| State registration fee | ₴0 | $0 |
| Legal service provider/lawyer fees (average) | ₴3,000 | $75 |
| Total average company creation cost | ₴8,000 | $200 |
There is no significant minimum capital requirement for a ТОВ, and according to Ukrainian law, it can be established for as little as ₴1. Notary and legal fees constitute the main upfront expenses, while the state registration fee remains zero for this entity type in 2025.
Annual Maintenance Costs for a Company in Ukraine
Maintaining an LLC in Ukraine incurs several ongoing costs each year, primarily for accounting, banking, and optional legal support. Below is a summary of current maintenance cost ranges:
| Ongoing Expense Item | Amount (UAH) | Amount (USD) |
|---|---|---|
| Mandatory accounting services (annual, minimum) | ₴12,000 | $300 |
| Annual tax filing fees (external provider, average) | ₴3,000 | $75 |
| Bank account maintenance (annual, average) | ₴2,000 | $50 |
| Optional legal support/consulting (annual, average) | ₴13,000 | $325 |
| Annual maintenance cost range | ₴12,000–30,000 | $300–$750 |
The required accounting services form the primary recurring obligation. Tax filing, bank account fees, and additional legal support (when needed) can collectively raise the total annual cost. Depending on company complexity and service choices, expect to budget between ₴12,000–₴30,000 ($300–$750) per year for essential compliance in Ukraine.
Summarizing Ukrainian Company Costs for 2025
For a typical ТОВ (LLC) setup this year, the average upfront outlay is approximately ₴8,000 ($200). Ongoing maintenance typically ranges from ₴12,000 to ₴30,000 ($300–$750) per year, primarily determined by your accounting and legal service providers, and the administrative complexity of your business.
Pro Tips
- Engage a reputable local accountant for mandatory filings to avoid compliance issues and minimize penalties—this often yields better value than international service providers.
- Leverage online banking options—many Ukrainian banks offer affordable maintenance fees and digital services, improving cost efficiency and operational flexibility.
- Before choosing legal support services on a recurring basis, review the true necessity for your business type and only opt-in if you regularly require contract drafting, HR, or regulatory assistance.
- Track annual fee schedules from the Ministry of Justice and government sources to stay updated on potential regulatory or procedural fee adjustments.
- Check if your business operations qualify for simplified taxation or small business regimes, which may reduce overall annual compliance costs.
Useful Official Resources
In summary, Ukrainian company setup costs remain among the lower end for European jurisdictions, largely thanks to minimal statutory capital, no state registration fee for LLCs, and affordable annual service fees. While core maintenance costs focus on accounting and necessary filings, optional legal services may substantially increase overall expenditures. Review your operational needs and budget accordingly—regulatory requirements are clear and transparent, making Ukraine a predictable jurisdiction for company administration in 2025.