300+ Foreigners Have Already Applied for uResidency

11/11/2024

300+ Foreigners Have Already Applied for uResidency

Starting a sole proprietorship in seconds or filing a tax declaration via smartphone is now a reality for Ukraine—and a futuristic concept for many other countries. We’re sharing our expertise in digital transformation with the world by launching uResidency, Ukraine’s first international digital product, and applications are already rolling in. The uResidency team has received over 300 applications for electronic resident status.

The program allows foreigners to set up a business in Ukraine remotely, without needing to be physically present. The terms for e-residents are among the most advantageous globally—obtaining the status is free of charge, the tax rate is just 5%, and all reporting is fully automated.

In the first phase, the program is available for residents of India, Pakistan, Thailand, and Slovenia, with plans to expand to additional countries. 

 

11/11/2024