Individual entrepreneurs as an economic buffer: what small business registration in Ukraine will look like in 2025

21 January 20:40

In 2025, individual entrepreneurs remained the main form of business start-ups in Ukraine. Data from the Unified State Register, collected by the VKURSI platform, shows that it was individual entrepreneurs who accounted for the majority of new registrations and effectively took on the role of an economic shock absorber in the conditions of war, reports "Komersant Ukrainian".

What happened

By the end of 2025, approximately 302,500 individual entrepreneurs had been registered in Ukraine. In most months, they accounted for more than 85% of all new business entities. The monthly number of registrations ranged from 20,000 to over 32,000, with a peak in late summer and early fall.

Compared to pre-war 2021, the individual entrepreneur segment recovered more quickly and adapted to the new conditions.

Which sectors dominate

Most often, sole proprietors were registered in the following areas:

  • trade and repair of motor vehicles,
  • logistics and transportation,
  • IT and consulting,
  • household and personal services (beauty, education, self-employment).

Demand in many of these industries is directly linked to the war economy and internal migration.

The government has already declared its intention to change the tax rules for sole proprietors with higher turnovers from 2027.

We would like to remind you that Privatbank is launching large-scale changes in the market of banking services for entrepreneurs. The new tariff model for sole proprietors effectively eliminates the monthly subscription fee for active entrepreneurs and significantly reduces key commissions.

Марина Максенко
Editor

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