Ukrainians register record number of businesses in June - opendatabot

Ukrainians register record number of businesses in June - opendatabot

Ukrinform
In June, Ukrainians registered the largest number of new businesses in the last three years (almost 31,500).

According to Ukrinform, opendatabot reported this.

"Most new businesses were created in June (over 31,000). This is the highest figure not only for the period of Russia's full-scale invasion but also for the last three years," the report says.

In the first half of 2023, according to the service, Ukrainians opened just under 134,000 new businesses, which is almost 70% of the number of sole proprietorships opened in the entire year of 2022.

The most popular areas for starting new businesses have not changed. As in the previous year, retail trade took the top spot in 2023, with 38,405 Ukrainians (28.7%) officially starting a business.

Read also: IMF improves economic forecasts for Ukraine

The second most popular classification is computer programming, consulting, and related activities. This year, 11,882 entrepreneurs (8.9%) have already started their own business in this area.

Over 8,745 individual entrepreneurs (6.5%) decided to provide other services.

Among the regions, Kyiv became the leader in terms of the number of newly created sole proprietorships in the first half of the year, with just over 19,000. Dnipro and Lviv regions took second and third place, with almost 12,000 and over 10,000 sole proprietors, respectively.

As reported, during the first five months of 2023, entrepreneurs paid UAH 15.2 billion in single tax to the budget. As of June 1, 2023, the number of individual entrepreneurs registered with the State Tax Service amounted to over 2 million people.

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