The use of sole proprietors (Private Entrepreneurs or FOP) is a very cost-effective way for foreign companies to engage individuals for the provision of services in Ukraine.
Common areas of use for private entrepreneurs in Ukraine are the IT sector, import-export trade representatives, and business consultants.
Many customers of FOP services assume that the setup, administration and documentation of the Private Entrepreneur status should be the problem of their new team member.
This assumption, however, is very dangerous for legal, tax and business confidentiality reasons.
Managed Ukrainian private entrepreneur solutions savings: