On October 24, 2019, the Cabinet of Ministers of Ukraine adopted amendments to the resolution On Certain Issues of Registration of Representative Offices of Foreign Business Entities in Ukraine.

According to new rules:

– The official fee for registering a representative office of a foreign business entity in Ukraine is reduced from $2,500 to minimum subsistence level for able-bodied persons (for today is 1921 UAH, or about 76 USD).

– Registration term is reduced from 60 to 20 business days.

For foreign business entities that are residents of the aggressor state, the registration of a representative office in Ukraine will last up to 60 business days. The cost is reduced to 30 minimum subsistence level for able-bodied persons (57630 UAH, or about 2119 USD).