Foreign business in Ukraine: citizens of which countries are most active in opening sole proprietorships

13 October 2025 11:18

More than 1.6 thousand sole proprietorships were opened by foreigners in Ukraine in 9 months of 2025. This is reported by "Komersant Ukrainian" with reference to data from Opendatabot.

1,648 sole proprietorships were registered by foreigners in Ukraine this year. This is 10% less than in the same period last year. Overall, only 0.7% of the total number of new entrepreneurs this year are non-residents of Ukraine.

At the same time, 1158 foreign sole proprietors ceased their activities during the same period. The net increase amounted to 490 non-resident entrepreneurs. In total, more than 213 thousand entrepreneurs closed in Ukraine during this period, so the share of foreigners is only 0.5%.

Unlike nationals, foreigners start more businesses with men: 69% versus 31% of female entrepreneurs.

It is worth noting that non-resident sole proprietors are quite stable: the median time of work of such an entrepreneur in Ukraine is 3.1 years. The record holder was a woman with Russian citizenship whose fop had been operating for 30 years and closed earlier this year. By comparison, Ukrainian fops live even a little less: 2.5 years.

Opening and closing of fops by foreigners:

MonthJanuary 2025FebruaryMarchAprilMayJuneJulyAugustSeptember
Opening117195173182183190203179226
Closure of the2941431181131011089674111

Who opens a sole proprietorship in Ukraine

The largest number of non-resident entrepreneurs registered this year came from the following countries:

  • Azerbaijan – 229 sole proprietors (14%),
  • Russian Federation – 222 (14%),
  • Uzbekistan – 160 (10%),
  • Moldova – 125 (8%),
  • Armenia – 95 (6%).

At the same time, the majority of those who ceased their activities are citizens:

  • Russia – 241 (21%),
  • Azerbaijan – 157 (14%),
  • Moldova – 102 (9%),
  • Uzbekistan – 91 (8%),
  • Belarus – 69 (6%).

Where foreigners do business

Every third foreign individual entrepreneur chooses Kyiv, with 544 new entrepreneurs registered here.
Odesa region is in second place with 300 sole proprietors (18%).

They are followed by:

  • Kyiv region – 138 (8%),
  • Kharkiv region – 104 (6%),
  • Lviv region – 83 (5%).

The smallest number of foreign entrepreneurs work in Volyn, Chernihiv, Sumy, Donetsk, and Kherson regions – from 2 to 17 sole proprietors.

The majority of foreign businesses close in the same regions: 297 (26%) in Kyiv, followed by Odesa (17%), Kharkiv (9%), Kyiv (8%), and Dnipro (5%) regions.

What industries do foreigners work in?

The most popular area for starting a business among foreigners is retail – almost one in three sole proprietors is engaged in it.

Other popular areas are:

  • catering – 14%,
  • wholesale trade – 9%,
  • computer programming – 6%,
  • information services – 4%.

The most frequently closed businesses are from the same industries: retail (37%), IT (10%), and catering (9%).

Дзвенислава Карплюк
Editor

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