Country Report 2018: Ukraine

Abstract

Ukraine is a unitary republic, and the legal procedures for POs incorporation are the same in all its jurisdictions. Associations, religious organizations and endowments that are not legal entities are allowed in Ukraine. No court decisions against informal or unregistered POs were made in 20142016. Moreover, even informal associations may file their data in the omnibus company register now. Any persons can be founders of POs. Foundations and institutions may have one or more founders; institutions may be founded by will. Associations shall have two founders; and minors who are 14 years or older are eligible to become founders too. The minimum number of cooperative’s founders is three persons. Religious organizations shall have 10 or more founders.