On 1 July, the Ukrainian Government launched the policy project „E-Residency“.
This service is a unique project to make Ukraine more attractive for foreign business and foreign individuals.
Once in place, foreign individuals will be able to online:
- receive a Ukrainian qualified electronic digital signature;
- receive a registration number of the taxpayer's account card (TAX ID);
- open an account in a Ukrainian bank;
- gain simplified access to administrative services in Ukraine.
The Ministry of Digital Transformation and other governmental bodies still need to prepare/amend a number of legal instruments (e.g. regarding the countries affected) and adopt/develop a number of regulations before the project can be implemented. However, once completed, this will mean a further important step towards simplifying the “Doing business in Ukraine”.
