How to enter international markets the right way: a 2026 checklist
How to enter international markets the right way: a 2026 checklist
Over the past two years, the number of Ukrainian companies expanding beyond the EU, into Asia, Canada, the United States, and the Middle East, has grown significantly. The war forced businesses to look for new markets, while the Association Agreement opened the door to the European market.
At the same time, strict foreign exchange controls remain in place. Late repatriation of export proceeds carries financial penalties, the tax authority receives data on foreign accounts automatically, the State Customs Service exchanges information with the National Bank of Ukraine on a monthly basis, and the largest fines this year have already reached tens of millions of hryvnias. In this environment, entering foreign markets without a legal plan turns what should be a strategic opportunity into a threat to the business itself.
To avoid losing money before the first profit comes in, companies need a clear legal framework. Oleksandr Demchuk, Counsel at EVERLEGAL, explains how to put one together, at the request of MC: Money & Career as part of the special project "Recognised Worldwide".
Read the full article by the EVERLEGAL lawyer for MC: Money & Career here.
In focus:
- Where to start: auditing your own structure, not registering a company abroad
- The risks businesses overlook first
- Risks for Ukrainian exporters and recent changes in Ukrainian legislation
- Our recommendations for businesses entering a new market
Our expert: Oleksandr Demchuk, Counsel at EVERLEGAL
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