Almost half of the companies with foreign ownership are registered in Kyiv

Which countries citizens own businesses in Ukraine?

25 March 2026

Source: Opendatabot

According to the Unified State Register, as of mid-March 2026, nearly 3,000 companies with foreign owners are recorded in Ukraine that submit financial statements and generate at least UAH 100 million in annual revenue. In almost a quarter of these companies, the owners are citizens of Cyprus. The largest number of businesses with foreign ownership is registered in the capital. Most often, foreign investors choose wholesale trade, agriculture, and IT as the sectors for their companies.

There are currently 2,997 companies with foreign owners in Ukraine. It should be noted that this analysis covers companies with annual revenue of at least UAH 100 million, based on their 2025 financial statements.

Nearly a quarter of these companies have owners from Cyprus — 694 companies. They are followed by citizens of Germany, who are involved in 300 companies, and the United States — 292. Next come the Netherlands (239 companies), the United Kingdom (224), Austria (187), and Poland (146). It is worth noting that a single company may have multiple owners.

It should also be noted that Cyprus and the Netherlands have long remained key “hubs” for structuring Ukrainian businesses.

Almost half of all companies with foreign owners are registered in Kyiv — 1,478 businesses. Lviv region and Kyiv region follow, with 223 companies each. The fewest such businesses are located in the frontline regions of Kherson and Donetsk.

More than a quarter of all foreign-owned companies operate in wholesale trade — 774 companies. Another 268 companies are in agriculture, and 176 operate in IT.

Source: Opendatabot

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