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Ukraine

Growing resilience-driven economy, emerging opportunities in tech and services, and improving conditions despite ongoing challenges.

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Ukraine

Capital

Kyiv

Sources: Ukraine

Currency

Hryvnia

Sources: Ukraine

Official Language

Ukranian

Sources: Ukraine

Population (2022)

41M

Sources: Eurostat

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Corporate Tax Rate 18% (2025)

The standard rate for all business profits.

With a competitive corporate tax framework, it offers a stable and attractive fiscal environment designed to support and encourage business growth.

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GDP Growth 2% (2025)

Annual real GDP growth rate forecast.

Austria's highly advanced and resilient economy is forecast to grow steadily, driven by innovation in technology and a strong commitment to sustainable industry.

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Labour Cost €3,1/hr (2024)

Average hourly cost of employing a worker.

Labour costs represent an investment in a highly educated, productive, and innovative workforce, contributing to a strong, high-value economy.

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SNS#1: Fast Startup Creation Score 83% (2025)

Efficiency of starting a business and administrative support.

With a strong focus on supporting entrepreneurs, many countries offer an efficient and streamlined process for launching a new business and entering a dynamic startup ecosystem.

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SNS#6: Access to Finance Score 83% (2025)

Availability of public and private funding for startups.

It provides startups with strong access to a deep and diverse pool of venture capital and other funding opportunities.

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Global Cost of Living Rank 134th (2026)

Measures relative costs of goods and services.

 This financial strength, paired with top-ranked quality of life and free public transport, creates a highly attractive environment for residents.

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Global Happiness Rank 111st (2024)

Evaluates national wellbeing and overall life satisfaction. 

Ranking among the happiest nations, it demonstrates high levels of life satisfaction driven by economic stability, strong social support systems, and a diverse, multicultural environment.

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Global Peace Index 162nd (2025)

Assesses national peacefulness, safety, and security levels.

Renowned for its political stability and low crime rates, it is considered among the most secure countries, offering a safe and peaceful environment for residents and businesses alike.

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Top Personal Income Tax Rate 18% (2025)

Progressive personal income tax rates apply

A top personal income tax rate reflects the upper threshold of individual taxation, indicating the level of contribution required from high earners within the broader fiscal system.

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SNS#8: Digital First Score 100% (2025)

Measures the digital-by-default availability of key public services.

Offering comprehensive online services that enhance efficiency and accessibility for a diverse and international population.

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Embassies and Consulates

Find Ukraine's missions, visa services, and residence permit information via the Ministry of Foreign Affairs’ official consular pages.

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Entry for EU Citizens

EU citizens, can enter Ukraine without a visa for up to 90 days within a 180-day period.

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Entry for Non-EU Citizens

Visa applications must be submitted in official websites. There are three types of visa: transit, short-term and long-term visas.

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