Entering data on legal entities and beneficiaries into the Unified State Register (USR) in Ukraine

Registering a legal entity-entrepreneur is an important step on the way to starting your own business. But this process can be too difficult and incomprehensible for the uninitiated. That's why, in order to do everything right the first time, the Registration Service Company offers you its assistance.

Why should you choose us?

1. If we take on any obligations, we try to fulfill them within a short period of time so that our clients are satisfied with the result.
2. Each of our employees has many years of experience in the field of business creation and registration of legal entities, so you can be sure that you will get only the best.
3. All those who have used the services of Registration Service at least once are satisfied with our work and recommend our company to their friends.
4. Thanks to our experience, we were able to optimize the work process and create the best price.
5. We employ real experts in entering data on legal entities into the Unified State Register.

Our advantages in entering information into the Unified State Register

1. The cost of this service speaks for itself.
2. We have been working in the field of registration of legal entities in the Unified State Register (including non-residents) for a long time, so we know every stage of this process perfectly well.
3. If you need to get the result quickly without losing quality, then our company is exactly what you need.
4. Every client is pleasantly surprised by the high quality of our services.
5. We always unconditionally meet the deadlines.
6. In the process of cooperation with us, you will receive high-quality, professional and comprehensive advice on issues related to the register in the Unified State Register.

What tasks do you need this service for?

Information from the Unified State Register on legal entities-entrepreneurs is required for the following tasks:

1. To check new employees for their work or involvement in other businesses or companies. Such a check is carried out by the company's HR department and the company's security service.
2. The owner of the company prevents the company from being taken over by hostile persons and competitors.
3. To clarify or change registration data. Then this information falls into the hands of the credit control service.
4. The company's accounting department submits various financial documents to the Unified State Register using the legal entity register. This is also done to keep the information up to date.
5. This is also done to ensure that individuals can obtain specific information about a potential employer.

What are the features and benefits of the service of registration in the Unified State Register?

One of the most important features of registering a legal entity-entrepreneur in the Unified State Register is the fact that you must first resolve the issue of creating a legal address. This is considered to be especially relevant if the register is being maintained for the purpose of setting up a small or medium-sized business. There are no problems in the registration process if the actual and legal addresses of the company are completely the same. But this is rarely the case. It should be understood that the data entered into the Unified State Register when establishing a legal entity is available for public review.

In 2011, some changes were made to the legislation of Ukraine that also apply to the USR. According to the Law of Ukraine No. 755 "On State Registration of Legal Entities and Individual Entrepreneurs", the state registrar no longer issues a certificate of registration of a legal entity to an entrepreneur. Instead, they are issued an extract, which is created during the registration process or in the event of any changes to the information about the entrepreneur.

A legal entity register has a number of advantages over individuals for conducting future business. Among them, it is important to note the following:

1. Legal entities are required to keep tax and accounting records.
2. To conduct cash payments, you will need to register cash registers (payment transaction registers).
3. You can register for VAT voluntarily, i.e. at your own request (except in cases where the amount exceeded UAH 300 thousand over the last year).
4. A legal entity may spend cash for its intended use, but it must document all expenses.
5. Legal entities must have a seal and a bank account.
6. Liability is limited to your share in the company's charter (except for limited liability companies).
7. Founders have limited liability, which is a huge advantage for doing business in Ukraine.
8. The legal form of a legal entity is more prestigious.
9. Firms with legal entities registered in the Unified State Register are more attractive to investors, so they find companies for cooperation faster.

Legal framework of Ukraine

The Law of Ukraine "On State Registration of Legal Entities and Individual Entrepreneurs", with some amendments, helps to regulate relations that may arise in the field of registration of a legal entity-entrepreneur (or individual entrepreneur) at the state level. This law describes the Unified State Register as an automated system for collecting, processing, storing, recording and protecting information about individuals and legal entities-entrepreneurs.

What is included in the Unified State Register service?

In order to enable our clients to register as a legal entity-entrepreneur in the Unified State Register quickly and without any problems, our employees offer them the following registration services:

1. Assistance in preparing all the necessary documents that must be present during the registration
   registration. The documents must be officially signed and notarized.
2. Providing all the information on how the registration in the Unified State Register is carried out.
3. The process of registration or making changes to existing information in the Unified State Register.
4. Notification of the Tax Inspectorate, Insurance Fund, Pension Fund, Health Insurance Fund of the registered changes to the Unified State Register.
5. If necessary, assistance in obtaining new statistical codes at the state level.
6. Obtaining documents.

What documents do you need to collect for the register of a legal entity-entrepreneur in Ukraine?

In order to start working on the register of a legal entity-entrepreneur in Ukraine, a future business founder needs to collect and submit the following documents:

1. A completed registration card (Form 1) confirming the state registration of a legal entity.
2. A copy of the decision of the founders or an authorized body to establish a legal entity.
3. Two copies of the statutory documents.
4. A document that helps to certify the payment of the registration fee for the state registration of a legal entity.

It is also important to keep in mind the peculiarities of submitting documents for the register to the Unified State Register in some cases:

1. If you have previously reserved the name for a legal entity, you should additionally submit a valid certificate from the Unified State Register on the reservation of the legal entity's name.
2. If you are registering a business entity (and the law requires the formation of a charter capital), you must also submit a document confirming that the founder has made a contribution to the charter capital.
3. If the state registration of an open joint-stock company is being carried out, a report on the subscription to shares, certified by an employee of the State Securities and Stock Market Commission of Ukraine, must be submitted in addition.
4. If you are registering a so-called farm, you must also submit a copy of the State Act on the founder's private land ownership (it may also be a copy of the State Act on the founder's right to permanent use of land, or a notarized copy of the agreement on the founder's right to use land, in particular on a lease basis).

What else do you need to know about the register of legal entities in Ukraine?

The state registration of a legal entity in Ukraine takes no more than 3 business days from the date of receipt of all the necessary documents required to enter a person into the Unified State Register. The registration certificate in Ukraine is issued by registered mail. It can be received by either the founder or a person authorized by the founder no later than one day after the official entry of data into the state register. In addition to the certificate, the founder or an authorized person receives the original constituent documents in one copy, which have a special stamp from the state registrar. It indicates that the registration has been officially carried out.

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