In 2025, Ukraine unexpectedly found itself at the center of attention of global investors: according to international agencies, the volume of foreign direct investment in the country increased by 37% over the last 18 months, despite ongoing challenges and instability. Behind these figures lies a much more complex picture: rapid growth in domestic demand, large-scale economic recovery programs, activation of international partners and grant initiatives, as well as unprecedented digitalization of business processes. How to build a sustainable strategy and not get lost in the flow of changes? Which industries currently genuinely offer opportunities, and where do risks still outweigh potential?
If you are: an entrepreneur, a manager, or an investor considering doing business with Ukraine in 2025, this article will provide you with not only a strategic framework but also specific tools for registering a business, obtaining licenses, organizing legal support, building export models, and managing risks. The COREDO team has prepared an analytical guide based on their experience in supporting international projects in the EU, Asia, and CIS, as well as on the synthesis of the most recent expert sources. Read to the end — you will get not only answers to key questions but also practical recommendations for achieving your business goals in Ukraine.
Economic Trends in Ukraine 2025
Economic trends in Ukraine 2025 are forming against the background of the ongoing war and high uncertainty, yet the country is showing signs of gradual recovery and resilience. In these conditions, it’s especially important to understand which factors and sectors will drive the growth of domestic demand and the economy in the near future.
Drivers of Domestic Demand and Economic Growth
Economic recovery programs coordinated with the support of the EU, IMF, and various international funds have ensured the inflow of grants and credit lines for small and medium-sized businesses. In practice, the COREDO team has observed how clients using these programs have not only restored operations but have also reached new markets by localizing production and implementing digital solutions.
Special attention is given to supporting small and medium businesses: public and private initiatives provide subsidies, tax breaks, and access to educational programs. The domestic demand for local goods and services continues to grow, aided by import substitution programs and the development of e-commerce. However, the war conditions maintain high demand volatility in specific regions, necessitating flexible business models and constant market trend monitoring.
In such conditions, identifying promising investment sectors for the coming year becomes particularly important.
Which Industries to Invest In in 2025
COREDO’s experience confirms that in 2025, the most promising investments in Ukraine remain in agribusiness, agro-processing, IT, logistics, construction, educational services, and green energy projects. Agribusiness Ukraine 2025 shows sustainable export growth of organic products, aided by certification according to EU standards and the development of digital export platforms. Logistics and delivery Ukraine become key drivers for companies focused on export and import, while localizing production helps reduce operational and logistical costs.
In the green energy projects Ukraine segment, there is an increase in investments in solar and wind energy, as well as biogas plants. The COREDO team has implemented several projects on deal structuring in this area, providing clients access to international grants and investment memorandums. Ukraine organic products export is another niche where demand from the EU and Asia exceeds supply, with certification according to EU standards becoming a key competitive advantage.
The Impact of War on Business Models
Conducting business in the conditions of war Ukraine requires entrepreneurs and investors to adopt fundamentally new approaches to risk management and building supply chain resilience. Business models under instability are built on flexibility, supplier diversification, business risk insurance, and the implementation of digital tools for monitoring supply chains. COREDO’s practice shows that companies investing in resilient supply chains and process automation have minimized costs and ensured uninterrupted export operations even during peak logistic disruptions.
Business Registration in Ukraine for Foreigners
Business registration in Ukraine for foreigners is becoming an increasingly sought-after service due to the country’s openness to foreign investments and the simplicity of processes. Still, to ensure the process is quick and error-free, it’s crucial to understand the legal requirements and prepare the necessary documents beforehand. Below, we consider the key steps and nuances important for a foreigner when starting a business in Ukraine in 2025.
How to Start a Business in Ukraine as a Foreigner in 2025
In practice, the process includes the following steps:
- Selecting the organizational and legal form (LLC, Joint-Stock Company, Representative Office, etc.)
- Preparing a set of founding documents considering the residency requirements for founders and directors.
- Undergoing KYC procedures for partners and beneficiaries.
- Registering with state registers, opening a bank account, and tax registration.
- Obtaining necessary licenses depending on the area of activity.
The COREDO team supports clients at every stage, including legal consultations for foreign companies and comprehensive partner checks. Special attention is given to analyzing investment risks Ukraine, including assessing the reputation of counterparties and compliance with international AML standards.
Legal Barriers and Regulation
Legal barriers for business Ukraine in 2025 are primarily related to currency control, capital repatriation, licensing specifics, and M&A procedures. For European companies, legal risks for doing business in Ukraine include the need for constant monitoring of legislative changes, compliance with beneficiary disclosure requirements, and reporting according to international standards.
Currency control and restrictions remain one of the key topics for foreign investors:
COREDO’s practice shows that comprehensive legal business support Ukraine, including due diligence and financial monitoring, minimizes regulatory risks and accelerates transaction approvals.
EU Certification for Ukrainian Companies
Certification and EU standards for Ukrainian companies are mandatory for entering EU markets and gaining access to international tenders. In 2025, product certification requirements according to EU standards have become stricter, especially for the agro-industrial sector, food industry, and organic producers. The COREDO team has implemented several projects on organic product certification for Ukraine export, providing clients with not only technical support but also legal assistance in the licensing process.
Successfully completing certification requires considering not only technical regulations but also traceability, environmental, and sustainability requirements (ESG requirements for Ukrainian companies). This becomes particularly relevant for companies targeting exports to Germany, France, the Netherlands, and Scandinavian countries.
AML and KYC for Business in Ukraine
AML and KYC for business in Ukraine are not just formal requirements but essential measures to protect your operations from financial crimes and ensure transparency. In 2025, the application of AML and KYC standards becomes even stricter: businesses will need to implement new client identification procedures and transaction controls in line with updated legislation.
AML and KYC Requirements in 2025
In 2025, AML compliance Ukraine underwent significant changes: new client identification standards were introduced, KYC procedure requirements for partners were expanded, and financial monitoring became mandatory for all companies working with foreign capital. At COREDO, we observe that successfully passing compliance control in Ukraine requires integrating automated platforms for data collection and verification, as well as regularly updating internal policies according to FATF and EU recommendations.
Features of AML compliance for Ukrainian enterprises include mandatory verification of funding sources, real-time transaction monitoring, and reporting suspicious operations. A case from COREDO: for a client entering the EU market, a comprehensive KYC platform was developed integrated with European registers, speeding up the onboarding process and reducing account freeze risks.
Risk Management Tools for Investors
Risk management for foreign investors Ukraine demands a systematic approach: starting with detailed due diligence Ukraine and ending with the implementation of business risk insurance and corporate security tools. COREDO solutions include developing individual liquidity management policies, integrating digital platforms for financial monitoring, and organizing regular stress tests for business models.
For a COREDO client implementing an infrastructure project in Ukraine, a multi-level corporate security system was built, including legal audits, monitoring regulatory changes, and automating investor reporting.
Export and Import of Ukraine: How to Start?
Export and import of Ukraine are not only the foundation of foreign economic relations but also a real opportunity for businesses to enter new markets or diversify supplies. Understanding modern logistic strategies and solutions is essential: that’s why we will review key aspects of export logistics.
Export Logistics: Strategy and Solutions
Export and import Ukraine 2025 require not only a deep understanding of foreign markets but also the implementation of digital platforms for export, allowing small and medium businesses to build effective export strategies and minimize logistic costs. A small business export strategy is built on market diversification, e-commerce Ukraine 2025 utilization, and business process automation.
The COREDO team has supported projects entering the EU and Asian markets, where the integration of digital tools for supply chain management and logistics optimization became crucial success factors.
EU Customs Barriers for Exports from Ukraine
EU-Ukraine customs barriers remain significant hurdles for exporters, especially in the agro-products and industrial equipment segments. In 2025, product certification requirements according to EU standards became stricter: both technical certification and compliance with sustainability and traceability standards are required.
Supply Chain Resilience and Localization
Supply chain resilience is the key factor for companies operating under instability. Supply chain resilience is ensured through Ukraine production localization, supplier diversification, and digital tools for logistics risk monitoring. In practice, COREDO assists clients in building flexible localization models, allowing not only operational cost reductions but also increasing business resilience to external shocks.
Innovation and Digitalization in Business
Innovation and digitalization in business provide companies with new growth opportunities, make processes more efficient, and help respond quickly to market changes. These trends require the implementation of modern technologies and reevaluation of conventional business processes, including automation of key operations and shifting to a digital environment.
Digitalization and Business Automation
In 2025, e-commerce Ukraine 2025 shows double-digit growth rates, and the emphasis on personnel qualification emerges due to the integration of online training and knowledge management platforms. The COREDO team has implemented projects for ERP systems implementation, financial monitoring automation, and digitalization of export operations, significantly increasing clients’ business process efficiency and transparency.
ESG Requirements for Green Energy Projects
ESG requirements for Ukrainian companies and green energy projects Ukraine become mandatory for accessing international investments and tenders. In 2025, sustainable development is not just a trend but a requirement from regulators and investors. Companies integrating ESG approaches gain access to favorable financing, international grants, and support programs. At COREDO, we support projects on ESG reporting implementation and green energy deal structuring, ensuring compliance with international standards and environmental requirements.
Moving on to opportunities for support and cost optimization, significant advantages for investors include government programs and tax incentives.
Government Support and Tax Incentives for Investors
Government support and tax incentives for investors remain key tools for attracting and stimulating investments in the economy. Modern measures aim to reduce costs, improve business efficiency, and develop strategic projects, expressed in a variety of government support programs and special tax regimes.
Details about existing government programs for business and investment support reveal the main opportunities for entrepreneurs at both federal and regional levels.
Business and Investment Support Programs
Government business support programs in Ukraine in 2025 focus on attracting foreign investors through tax incentives, grants, and investment memorandums. International partners and grants provide funding for startups, agriprojects, green energy initiatives, and export-oriented companies. COREDO’s experience shows that proper preparation of an investment memorandum and meeting selection criteria significantly increase the chances of obtaining support.
How to Obtain Support and Incentives
To receive government support and tax incentives, it is important to properly prepare the documentation package, conduct preliminary due diligence, and clearly justify the project’s economic feasibility. The COREDO team supports clients at all stages, from application submission to financing receipt and legal support for project implementation. Small and medium business support Ukraine is carried out through specialized programs, including for foreign investors, opening additional opportunities for business scaling.
Conclusions and Advice for Entrepreneurs and Investors
| Risk/Challenge | Solution/Tool | Key Terms |
|---|---|---|
| Currency Control | Compliance, Legal Support | currency control, AML, KYC |
| Logistical Constraints | Localization, Supply Chain Resilience | logistics, production localization |
| Legal Barriers | Due Diligence, Consultations | legal barriers, due diligence |
| Legislative Instability | Constant Monitoring | financial monitoring, compliance |
| EU Export Requirements | Certification, EU Standards | certification, EU Standards |
Actionable advice from COREDO:
- For business registration in Ukraine in 2025, prepare an expanded document package, considering KYC and AML requirements, and conduct due diligence on potential partners in advance.
- When entering export markets in the EU and Asia, integrate digital platforms for logistics management and product certification.
- To minimize investment risks, use business risk insurance tools, automated financial monitoring, and regular legal audits.
- Implement ESG approaches and green energy projects to access international grants and investment programs.
- Actively use government support programs, tax incentives, and investment memorandums for business scaling and entering new markets.
COREDO’s practice confirms: a strategic approach, deep understanding of regulatory requirements, and integration of innovative solutions allow not only minimizing risks but also realizing the business potential with Ukraine in 2025.