Ukraine has growing opportunities in the fuel, mining and aerospace industries for companies looking to expand operations overseas. There are many types of company formation options and low corporate tax rates. There are challenges to managing a workforce in the Ukraine, and companies must be aware of compliance challenges before getting started.

Labor and Payroll Considerations:

  • Employment contracts should be written, and include job details, pay rate and working conditions
  • Minimum wage is UAH 4,173 per month
  • Collective Bargaining Agreements apply to every employee regardless of union membership
  • Income and military tax are withheld from employee pay
  • State Fiscal Services must be notified about new hires
  • Foreign workers need a long-term visa valid for 90 days, which allows the worker to apply for temporary residence permit
  • Employers must apply for work permits on behalf of prospective foreign workers

Managing payroll and compliance in the Ukraine can be challenging, but Blue Marble can help simplify your operations. Our cloud-based payroll with customized reporting gives you real-time access to your payroll costs across all countries and currencies, and our US-based service teams and in-country experts help ensure compliance. Get started today to simplify your operations across 145+ countries. To learn more, click here