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Change of types of activities in Ukraine

Selection and addition/exclusion/change of the types of business activities for a legal entity or individual entrepreneur

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  • Free consultation
  • Support by Ukrainian corporate law specialist
Ольга Казаневская
03.06.2020

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Виталий
02.06.2020

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Briefly on how to change types of economic activities

1) When a legal entity needs to change its activities, it is necessary to convene a general meeting and issue a notarized decision. PE changes its activities by its own decision.

2) Codes of types of activity must be selected in accordance with the current Classifier of types of economic activity.

3) Information on new types of activity must be registered and displayed in the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Organizations.

We will explain all the nuances, prepare a decision or a protocol and register the change of types of business activities both in the presence of the participants in the process and by the power of attorney without personal presence.

Contact us - consultation is free!

The cost of a registration of economic activities change

Change of economic activities
  • Consultation
  • Preparation of a package of documents
  • Making changes
  • Obtaining a description of the documents
  • Obtaining an extract from the USR
  • 3500 uah
  • State fee payment
  • 800 uah
  • Notarization of the signature on the protocol/decision, if 1 participant
  • Notarization for each subsequent participant
  • 550 uah
  • +150 uah
  • Notarization of the charter, if 1 founder
  • Notarization of the signature in the charter of each subsequent founder
  • Notarization of the charter, if the founder is a legal entity
  • 500 uah
  • +150 uah
  • +300 uah
  • Translation of documents
  • from 400 uah (depending on volume and language)

Detailed on how to change types of economic activities

How to change TEA in a legal entity?

In order to change the types of economic activity, it is necessary to convene and hold general meeting. If so, the decision is made at the general meeting, it is necessary to draw up a protocol and get a signature from a notary.

If the legal entity has only 1 participant, then he/she alone draws up the decision, the signature of which must also be certified by a notary public.

The decision to change the TEA is made by a majority vote of all members of the legal entity, unless otherwise provided by the statute.

Who can register changes with the state registrar?

An application for state registration of changes to information about a legal entity can be signed and submitted by the current head of the legal entity.

How to change TEA for FOP (PE)?

There is no need for a natural person-entrepreneur to draw up his decisions in protocols and certify them at a notary. It is enough to simply decide on the types of activities and submit an appropriate application to the state registrar.

Is it possible to carry out the change procedure without the personal presence of the participants and the manager or FOP?

Yes, the entire procedure can be carried out by the power of attorney.

It is necessary to issue a power of attorney:

  • from the participant/s of the legal entity - for decision-making at the general meeting.
  • from a legal entity - for state registration of changes.
  • from a natural person-entrepreneur - for state registration of changes related to the PE.

The order of registration economic activities change

  1. Preparation from 1 w.d.
    • consultations
    • selection of activities
    • conducting meeting
    • signing documents at a notary (if necessary)
  2. Submission of documents to the registration authority 1 w.d.
    obtaining a description
  3. Obtaining a result 1 w.d.
    obtaining an extract from the USR with information on types of economic activity

List of documents required to register economic activities change

1. Protocol/decision on making changes
Original, certified by a notary
2. New edition of the statute
  • Original, certified by a notary
  • In the case of entering types of activities into the statute
3. Power of attorney
  • Original, certified by a notary
  • If the participant and/or a head will not be present
4. Extract from the USR and the statute of the legal entity
Copy

FAQ

What is needed to change types of activities?
To change the types of activities, it is necessary to decide on the types of activities according to the current classifier, properly issue a decision and register the changes with the state registrar. We can prepare the necessary papers and arrange for the signing of documents in person, as well as send you a power of attorney template, sign it and give it to us, we can do everything without your personal presence.
Is it possible to choose more than six activities?
Yes, you can choose an unlimited number of activities. In practice, we register all types of activity according to the current classifier in the statute of a legal entity, and enter up to twenty types of activity in the register. This is quite enough for running a business.
What is the maximum and minimum number of activities that can be used?
Currently, the minimum number of activities is one. The maximum number is not limited.

Questions and comments