Ukraine Market Entry & Reconstruction Guide by BDO in Ukraine

Investor's Guide

Investment Guide from BDO in Ukraine is a key resource for investors, providing up-to-date and detailed information on investment opportunities in Ukraine and its recovery process. The Guide highlights key sectors of the economy with high investment potential and provides an analytical overview of the mechanisms for attracting financing, both public and international. In addition, the Guide includes practical advice and recommendations for choosing the most promising investment projects, considering possible risks and mitigation strategies.

The Guide covers the following important aspects: 

  • The potential of the Ukrainian economy and its key advantages for investors
  • Investment opportunities covering various sectors of the economy
  • Public and international initiatives to support business
  • Tax and currency regimes, as well as investor-friendly conditions
  • Risk assessment and mechanisms to minimize them
  • Practical recommendations for careful selection of investment projects


Investment Guide is regularly updated in line with changes in legislation and financial mechanisms to ensure access to the most up-to-date information. It will become an indispensable tool for those who are looking not only to join the process of Ukraine’s recovery, but also to benefit from promising investment opportunities.

The new version (as of May 2026) features a systematic and updated collection of practical and analytical sections, including:

  • Executive snapshot — a concise overview for investors and partners. 
  • Which pipeline are you selling into? — an explanation of the main channels of operation in Ukraine (public procurement, IFI/donor projects, private sector, privatization). 
  • Ready-to-use checklists and templates — practical checklists and templates for participating in projects and tenders.
  • Support map — who can help with what? — a map of institutions and organizations supporting businesses and investors.
  • Compensation Program for War-Related Losses — an overview of mechanisms for compensating war-related losses and insuring risks. 


Key analytical sections have also been updated:  

  • Financial Oversight and Funding Mechanisms for Ukraine’s Recovery. 
  • Valuation of war damage and recovery & reconstruction needs. 
  • Ukraine’s Global Rankings and Indices.
  • Tax aspects of doing business in Ukraine.

Guide structure

BDO in Ukraine offers a wide range of services for investors who are planning to establish and manage a business. Our services cover the following:


Our experts will assist you in understanding all the specifics of investing in Ukraine by providing consultations tailored to the specific needs of your business and international partners. With our experience and in-depth understanding of the market, we provide support to help minimize risks and maximize investment performance.

Download the Guide and get to know more about contributing to the future of Ukraine!

BDO in Ukraine offers customized investor guides tailored to the specific needs of businesses and international partners. Our experts prepare analytical guides providing structured information on the economic environment, regulatory requirements, tax regimes, financial mechanisms and other key aspects for investors.  

Disclaimer: Please note that this information is relevant as of the date of publication of this document. This publication is for informational purposes only and should not be considered as legal, tax or financial consultation. Please consult a professional advisor for customized recommendations.

Key Contacts

Andrii Borenkov

Andrii Borenkov, CFA

Partner, Head of Advisory
View bio

FAQ (Frequently Asked Questions)

Risk analysis — an assessment of potential financial, political, and military risks, together with the approaches used to mitigate them.

Foreign exchange transactions — financial transactions involving foreign currency that may be subject to specific restrictions and limits.

Martial law — a special legal regime that affects business operations, regulatory frameworks, and the identification and assessment of risks for investors.

Government financial support programmes — state aid mechanisms for businesses, including funding, guarantees, or other incentives available to investors.

E residency — a digital status that enables foreign nationals to establish and manage a business in Ukraine remotely.

Investment opportunities — promising areas and sectors of the Ukrainian economy that are open to investment.

Investment project — a business initiative assessed in terms of its potential profitability, risks and implementation strategy.

International support instruments — programmes, guarantees and mechanisms offered by international institutions aimed at financing and insuring investments.

Due Diligence — a financial, legal and tax analysis of a company prior to investment or acquisition.

Macroeconomic factors — indicators that reflect a country’s overall economic conditions and influence investment decisions.

International business associations — organisations that facilitate the development of international business partnerships and provide support to investors.

Tax regime — a system of taxation, including special or preferential arrangements applicable to specific economy sectors.

Employment of foreign nationals — regulatory procedures governing the conditions under which foreign nationals may work in Ukraine.

Privatisation — the process of transferring state-owned assets into private ownership through investment mechanisms.

Regulatory requirements — rules and laws governing the conduct of business, including the protection of personal data.

Incorporation — the process of registering a company in Ukraine under the appropriate legal form.

Financial supervision — a system for monitoring compliance with financial and regulatory requirements.

EU funding — European Union instruments and programmes available to support investment projects in Ukraine.