Digital Transformation Minister Mykhailo Fedorov at the Diia Summit in Kyiv, Dec. 19, 2023. (Mykhailo Fedorov/X) This audio is created with AI assistance Ukraine has launched uResidency, a program enabling foreigners to start a business in the country remotely, Digital Transformation Minister Mykhailo Fedorov announced on Sept. 27 at the Lviv IT Arena, according to a Kyiv Independent journalist reporting from the event. The program offers foreign entrepreneurs favorable conditions for conducting business, including a 5% tax on profits, the ability to register remotely as individual entrepreneurs, and the ability to conduct business through a mobile application and website. Kyiv has long sought to open business opportunities as it seeks to regain economic investments and rebuild entrepreneurial opportunities lost throughout the duration of the war. "Thanks to technology, we can create products that can attract funds to Ukraine and grow the brand of an innovative country. One of these products is the uResidency," Fedorov said. "This is a revolutionary project that will not only offer foreigners a great service for doing business in Ukraine but also support the Ukrainian economy. There are only a few similar projects in the world." Despite what the name implies, no additional pathways for […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
