Content: - Core insights - Why LVIV - Offer and capabilities - About us
Core insights
We're dealing with FDI more than 5 years. Here is the extract of our observations and conclusions.
Market demand
Among our clients: Fujikura, Leoni, Aluthea, Thyregod A/S, Austrian Airlines, Alphalighting, local IT companies. Consistently involving and convincing foreign companies to do business in Ukraine serving them in industrial and office real estate search it is obvious for us lack of suitable premises for such purpose. Absence of acting industrial parks and newly built offices.
Legal & economic background
In Ukraine we have already adopted and implemented European legislation base, simplified procedures and affordable terms (according to Free Trade Agreement between Ukraine and EU). Growing economy with affordable level of competition in all fields of economy. Business oriented local authority.
Location & suitable infrastructure
Western Ukraine has advantageous location and common border with EU. Rapidly developing manufacturing, agri food, IT, energy, BPO and innovative sectors. Historically developed road infrastructure and upcoming new projects in highways construction are already on the table.
Global business & lifestyle
Carlsberg, Metro, Auchan, Krono, Klingspor, Henkel, Josera acting in Ukraine. High level of personal safety and low crime index in Western Ukraine overall. Direct air service with all European hubs. 2,7 mln tourists annually mostly from EU countries.
Area: 21,800 km², nearly half size of Netherlands; Population: 2,5 million people; Major city: Lviv (800k inhabitants); Distance to EU border from Lviv: 70 km; Time zone: GMT+2.
Favorable location
Common border with EU; 2 track days from top European logistic hubs (Hamburg, Rotterdam, Antwerpen).
No restrictions or limits in investments and equity participation for foreign investor in Ukrainian business. A legal entity incorporated in Ukraine and operating under Ukrainian laws is considered to be resident.
Taxation system in Ukraine
Corporate income tax (CIT) – 18%; Single Social Tax (SSC) - 22% ; Income Tax (ITAX) - 18%; Value added tax (VAT) - 20%; Withholding tax (dividends, royalties) - 18%.
Tax incentives
Renewable and energy efficiency - green tariff; Mining – VAT and customs duties under production sharing agreements PSAs; Agriculture - special VAT regime; IT - no VAT till 2023.
Human resources
Available HR in working age 15-70: Lviv region – 1124k; Lviv – 364k; Unemployment rate – 8,6%; Overall students – 126k; Students graduating annually – 38k.
Labor costs
(gross base salary per month) Overall – 355 USD; In production – 420 USD; Non-skilled worker – 305 USD.
Real estate prices
(per 1 m²) Apartments – from 450 USD; Industrial – from 100 USD; Commercial – from 900 USD.
Electricity (1 kWh) – 0,11 USD; Water (per 1 m³)– 0,45 USD; Gas (per 1 m³) – 0,54 USD; Internet (unlim, 50Mb/s / month) - 8 USD.
Currency - UkrainianHryvnia(UAH)
Rates: 100 USD – 2800 UAH; 100 EUR – 3100 UAH.
Our offer & capabilities
Taking your experience and expertise on European real estate market development and our understanding and ability to deal on local market we can make this project happen.
Decision making process
Time frame: 4-6 weeks
Initial coming of your company representatives
We can prowide: Managing and all necessary arrangements of your staying in Lviv Region (airport pickup, accommodation bookings, transfers, etc); Establishing meetings with officials (central and local authorities), public and private enterprises, companies and European Business Association; Presenting all information and data reports for decision making process; Researches and analytics on request; Overview of possible locations for placing industrial premises.
Launching company
Time frame: asap
Legal procedures and interacting
We can prowide: Assistance in starting business process (all registration procedures, necessary permits and licenses, any other arrangements); Location search; Business & marketing strategy creation; Involving and contracting third companies, establishing cooperation with public and private organizations for performing project goals; Lobbying your interests in public sector.
Starting activity
Time frame: negotiable
Business activity
We can provide: Team formation for project maintaining; Manage all necesary procedures connected with project goals implementation; Search for new customers and further development options; Other activities according to project demand on negotiable basis.
WE CAN OFFER YOU SEVERAL COOPERATION OPTIONS:
1.We can provide all our services on paid basis. 2. We can establish a joint venture and provide all our services to get a share in enterprise. 3. Mix of listed above approaches can be negotiated as well.