Ukraine’s Business Culture
Doing business in Ukraine is different from doing business in other countries, especially the U.S., England, Germany, and other northern and central European countries. Here we’ll look at what foreign expatriates say about how Ukraine’s business culture differs from other countries. Don’t be surprised that most of the comments here are negative. Ukraine’s culture is not by nature very production-oriented, and it may not be the easiest place to do business, but Ukraine has other virtues — for example, it is a great place to make friends, meet interesting people, and have fun.
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UKRAINE GOT A BRAND NEW TAX CODE IN 2011
On 19 November the Ukrainian Parliament has passed the Tax Code. The deputies of the Parliament are giving themselves a few more days to finalize this document and submit it to the President for signature. The Head of the Parliamentary Committee for Tax and Customs policy – which is in charge of the development of the Code – publicly stated that major disputed provisions of the Tax Code have been agreed upon with the presidential administration and that a veto of the Code would be highly unlikely.
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