Discover new Ukraine: re-born, modernizing, reforming. Yuri Donets Director, Ukrainian office

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1 Discover new Ukraine: re-born, modernizing, reforming Yuri Donets Director, Ukrainian office St. Petersburg November 10th, 2017

2 Country Information Territory: about sq.km. (1 st in size fully European country) Capital City Kyiv 2,9 MM (6.5% of total population) Top 5 cities Kyiv, Kharkiv, Odesa, Dnipro, Zaporizhya The conflict at the East of Ukraine (parts of Donetsk and Lugansk region) is limited to 2.5% of the territory of Ukraine The distance between the conflict zone and Kyiv is about 700 km 2 accounting ERP import legal tax

3 World Bank DB Ranking Topics Ukraine Russia Poland Belarus Starting a Business Getting Credit Registering Property Protecting Minority Interests Paying Taxes Trading Across Borders Enforcing Contracts Overall Country Ranking Ukraine is improving steadily for 5 years in a row. This year s breakthrough in paying taxes : from 84 th to 43 rd place! The Ukrainian economy hit bottom in autumn GDP growth (2016 = 2.3%, 2017 = 2.5%, 2018 = 3.5%, 2019 > 4%) Inflation: 12% for 2017, circa 8% - for 2018, and 5% - in 2020 Ukraine leads at EMEA region investment attractiveness, as per Institutional Investor : 32% of investors consider it a priority accounting ERP import legal tax 3

4 Reforms List & Progress Below is the short list of the major reforms and rather subjective view on the progress in their implementation: Public Procurement Reform Financial Sector Reform Energy Sector Reform Judicial Reform Education Reform Pension Reform Decentralization Public Administration Reform Law Enforcement Reform State-Owned Enterprise Government Reform National Security and Defense Reform Digital Ukraine Deregulation Health Care Reform Anti-corruption Reform Agricultural/Land Reform accounting ERP import legal tax 4

5 Governmental Tenders: e-procurement ProZorro is a public e-procurement system that has replaced old paper-based state tenders. Public procurement has now gone online. All attempts to run a rigged tender become visible to public immediately Starting from 1 August 2016, ProZorro became mandatory for ALL government authorities ProZorro won the biggest international award in the field of procurement, the World Procurement Award 2016 The reform became a show-case as a unique example of public procurement digitization from EBRD and the Open Contracting Partnership. To top off the bill, ProZorro won the gold in the prestigious Open Government Award contest in accounting ERP import legal tax 5

6 Priority Sectors Manufacturing Setup (EU Association Agreement) IT Outsourcing / Development Agriculture Energy Infrastructure accounting ERP import legal tax 6

7 2 MAP OF FOREIGN AUTOMOTIVE BUSINESS IN UKRAINE

8 8 reasons to consider Ukraine as the place of IT outsourcing Easy communication Easy & quick travel Compatible culture Cost savings Insignificant difference in time zones High expertise / independence Availability of human resource Good precedents (MICROSOFT, ORACLE, REUTERS, INTEL, DEUTSCHE BANK, and many other famous names) accounting ERP import legal tax 8

9 Priority Sectors: AGRICULTURE Over 70% (32 million hectares) is agricultural land Fertile black soil chornozem is 30% of world s reserves Good geography and highly skilled labor (25% of 43mm population in agriculture) The cereal crop can reach as high as million tons, with half of it for exports By mid-2020s, could be No. 3 in food production worldwide, after the U.S. and Brazil accounting ERP import legal tax 9

10 accounting ERP import legal tax 10

11 accounting ERP import legal tax 11

12 Yuri Donets Director The exclusive right to the content of this presentation including the rights of translation, reproduction, transmittal, distribution and usage of the presentation and parts of it, in any way, as well as the rights to the company s logo and name SCHNEIDER GROUP, in existing and future publications in printed or electronic form, and the ability to confer rights to a third party belong to SCHNEIDER GROUP. The reproduction, alteration, transmittal or any distribution or usage of this presentation or parts of it, as well as of the company s logo or name SCHNEIDER GROUP in any way, need the written permission of SCHNEIDER GROUP in advance and shall be accompanied with the link to the SCHNEIDER GROUP website and reference to the copyright permission. SCHNEIDER GROUP accounting ERP import legal tax 12

13 russland ukraine belarus kasachstan deutschland polen buchhaltung ERP import recht steuern

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