Can business in Ukraine change it’s legal entity type?

Indeed, it is possible for a business in Ukraine to alter its legal entity type. The process of changing a business’s legal entity type includes various steps, such as seeking advice from experts, establishing a new entity, transferring assets and operations, dissolving the old entity, and informing stakeholders. The specific process can differ based on the existing and preferred business structures and legal regulations. Seeking guidance from professionals and ensuring that all procedures are completed accurately are essential to prevent important legal and financial consequences.