The Ministry of digital transformation, has announced the launch of e-residency in Ukraine
This was reported by press service of the Ministry in Facebook.
Know that you have already created a clear concept of the project, the Ministry expects the adoption of the government resolution “On conducting experiment on introduction and implementation in Ukraine of electronic residence.”
Foreigners will be able to obtain the status of e-resident, which opens access to information and Advisory services, facilitates the obtaining of administrative services provides the ability to remotely establish and conduct business in Ukraine.
Target countries: India, Bangladesh, Pakistan, China, Philippines
This will allow the foreigners from these countries to obtain attractive terms of taxation and to avoid double taxation. Also, the Ministry promised the absence of bureaucratic red tape, easy and convenient platform for integration of business with access to all necessary services and to execute transactions online with the use of safe electronic signature key that is certified in Ukraine;
In addition, it provides personalized consulting support and English-language service.
This, in turn, will be the advantages for the Ukrainian budget, it will increase its content by taxing residents and electronic payment services status of e-residency. And this is an opportunity to improve the national image in the international IT market.
Note, the practice of e-Residency is successfully working in Estonia since 2014. This allows citizens from any country to register a European company in Estonia and manage where online: to enter into contracts, to hold meetings of shareholders, to make payments.
For 5 years, Estonia has attracted more than 62,000 e-residents from 160 countries.