Nikolai Timofejev
15 years in FinTech and payments. Maps your business model to the right licence scope and leads the file all the way to the future registration, including banking and payment rails.
Get a crypto license in Ukraine.
Ukraine is a licence-in-waiting: the MiCA-track bill passed first reading on 3 September 2025, and one of Europe's most crypto-native markets is watching the final vote. The move now is preparation - entity, file and interim structure, so you enter the register early, not eventually.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
400+
Crypto licenses obtainedlicenses obtained
Updated
Ukraine in brief
One of Europe's most crypto-native markets - pre-launch.
Ukraine's crypto adoption has ranked among the world's highest for years - volumes, talent and grassroots usage that most licensed markets would envy. The legal frame is catching up in stages. The 2022 law on virtual assets was adopted but never entered into force, waiting on tax legislation; the current vehicle is bill 10225-д, which rewrites the tax code and market rules together on a MiCA-aligned track. It passed first reading in the Verkhovna Rada on 3 September 2025 and is being prepared for the second: the draft taxes individuals' crypto-to-fiat gains at 18% plus the 5% military levy, offers a transitional 5% rate for pre-existing holdings in the first year, and splits supervision between the National Bank and the securities commission - with the final architecture to be settled in the law and its by-laws.
There is no Ukrainian crypto licence to obtain today, and we say so plainly. What exists is a queue forming before a gate: when the law passes, registrations will open under by-laws, and the operators with entities, files and banking prepared will enter the register while others start drafting. That preparation is what we build now - a Ukrainian entity (with Diia.City assessed for development operations), the compliance file structured on MiCA patterns the bill mirrors, and, where European operations cannot wait, an EU CASP licence that serves EU clients lawfully today and pairs with Ukraine when the register opens.
A licence-in-waiting: bill 10225-д passed first reading 3 September 2025 on a MiCA track; the 2022 law never took force. No licence exists today - full stop.
The play: readiness file + Diia.City entity now, EU CASP where operations cannot wait - filed the day the register opens.
The full picture
No licence today - a register forming tomorrow.
Two workstreams make sense now: the Ukraine-readiness file built against the bill's MiCA-track requirements, and. Where you cannot wait. An EU licence that operates today and pairs with Ukraine later.
No licence today. Two workstreams: the readiness file, and the EU licence that operates now.
01 - UKRAINE-READINESS FILE
Prepared for the register
The bill's requirements mirror MiCA's architecture, so the file can be built now: entity, governance, AML programme and documentation, ready to convert into an application when registrations open.
The bill's requirements mirror MiCA's architecture, so the file can be built now: entity, governance, AML programme and documentation, ready to convert into an application when registrations open.
- ✓Ukrainian entity - with Diia.City assessed
- ✓Governance and fit & proper dossiers
- ✓AML/CFT programme on MiCA patterns
- ✓Custody and systems documentation
- ✓Tax modelling under the draft's 18%+5%
- ✓Application-ready when by-laws land
02 - OPERATE TODAY · EU CASP
First reading - 3 Sept 2025The interim structure
Where operations cannot wait for Kyiv's timetable: a MiCA CASP in an EU state serves European clients lawfully now, and pairs naturally with the Ukrainian registration when the register opens.
A MiCA CASP serves EU clients lawfully today, and pairs with Ukraine when the register opens.
- ✓EU CASP - Czechia, Lithuania or by fit
- ✓Lawful EU operations from authorisation
- ✓Ukrainian development via Diia.City
- ✓Group structured for the later pairing
- ✓One compliance architecture, two desks
- ✓No wasted work when Ukraine opens
Costs and timelines are confirmed for your case before any work begins. Ukraine-readiness and EU-licence workstreams are scoped separately and designed to converge. Nothing built now is thrown away later.
Why Ukraine
The market precedes the law - rare and valuable.
The framework-to-be is bill 10225-д on a MiCA track, with NBU and NSSMC supervision being settled. Over one of the most crypto-active populations anywhere.
✓
Top-tier grassroots adoption
Ukraine has ranked among the world's leaders in crypto adoption for years. Wallets, volumes and daily usage that exist before any licence does. The demand side is not a projection.The market exists before the law.
✓
A MiCA-track rulebook
The bill mirrors European architecture. Service categories, authorisation logic, disclosure. Files built on MiCA patterns now convert directly when the register opens.Files built now convert directly.
✓
The first-reading milestone
3 September 2025 moved the bill from concept to parliamentary fact. The second reading and by-laws set the opening date, and the queue is already forming.3 Sep 2025 - parliamentary fact.
✓
Engineering depth at scale
Ukraine's development talent powers half the industry's outsourced engineering already. Diia.City gives it a tax-efficient legal home inside your own group.Diia.City houses the build today.
✓
Transitional tax, as drafted
The draft's 18% plus 5% levy. With a 5% transitional rate for pre-existing holdings in year one. Is published, debated and plannable. We model it before it binds.18%+5%, 5% transitional - plannable.
✓
EU convergence logic
Ukraine's regulatory direction tracks its EU-candidate path. Building on MiCA patterns is not a bet on one bill but on the country's whole trajectory.A bet on the trajectory, not one bill.
How it compares
How Ukraine differs from other routes.
Ukraine is a preparation play: no licence today, a MiCA-track register tomorrow, and a market already larger than most licensed ones. The side-by-side comparison is below.
Ukraine vs other jurisdictions
| Feature |  Ukraine | Other jurisdictions |
|---|---|---|
| Licence today | None - bill after 1st reading | Operating regimes |
| Framework track | MiCA-aligned draft | MiCA or national rules |
| Market | Top-tier adoption, pre-licence | Licensed, often smaller |
| The play | Prepare and enter early | Apply now |
Licence today
UkraineNone - bill after 1st reading
Other jurisdictionsOperating regimes
Framework track
UkraineMiCA-aligned draft
Other jurisdictionsMiCA or national rules
Market
UkraineTop-tier adoption, pre-licence
Other jurisdictionsLicensed, often smaller
The play
UkrainePrepare and enter early
Other jurisdictionsApply now
Country by country
| Country | License type | Taxation | Requirements |
|---|---|---|---|
| Ukraine | Register pending - bill 10225-д | Draft: 18%+5% · 5% transitional | Prepare now, file at opening |
 Czech Republic | MiCA CASP (ČNB) | 21% CIT | Fast, technical, predictable |
 Lithuania | MiCA CASP (Bank of Lithuania) | 17% CIT (2026) | Fast, but strict AML practice |
 Poland | No national desk - passport in | 19% CIT | EU CASP + Art. 65 route |
UkraineLicense typeRegister pending - bill 10225-д
TaxationDraft: 18%+5% · 5% transitional
RequirementsPrepare now, file at opening
Czech RepublicLicense typeMiCA CASP (ČNB)
Taxation21% CIT
RequirementsFast, technical, predictable
LithuaniaLicense typeMiCA CASP (Bank of Lithuania)
Taxation17% CIT (2026)
RequirementsFast, but strict AML practice
PolandLicense typeNo national desk - passport in
Taxation19% CIT
RequirementsEU CASP + Art. 65 route
Before the register opens
What the readiness file contains.What the readiness file contains.
Built against the bill's MiCA-track requirements so it converts into an application the day by-laws land. The checklist below is the work that wins the queue.
01
Ukrainian entity. Incorporated and governed for the coming regime, with Diia.City residency assessed for development operations.
02
Ownership transparency. Structure documented to UBOs on the standard both the bill and banks will demand.
03
Fit & proper dossiers. Management records and competence files prepared for supervisory vetting.
04
AML/CFT programme. KYC, monitoring and reporting built on MiCA-pattern requirements the draft mirrors.
05
Custody and systems documentation. Wallet architecture, key management and security described to application grade.
06
Tax modelling. The draft's 18%+5% regime, the 5% transitional rate and Diia.City's 9%/18% modes, modelled per scenario.
07
Banking preparation. The account file Ukrainian banks will read the day licensed status exists.
08
Interim EU structure. Where operations cannot wait: the CASP licence and group design that pairs with Ukraine later.
09
Monitoring. Second-reading amendments and by-law drafts tracked, with the file updated as text hardens.
10
Day-one conversion plan. The mapped path from readiness file to filed application when registration opens.
01
Ukrainian entity; Diia.City assessed.
02
Ownership documented to UBOs.
03
Fit & proper dossiers prepared.
04
MiCA-pattern AML programme.
05
Custody and systems documentation.
06
Tax modelling per the draft.
07
Banking pack for day one.
08
Interim EU structure where needed.
09
Amendment and by-law monitoring.
10
Day-one conversion plan.
Reflects bill 10225-д after its first reading of 3 September 2025 and the 2022 law's suspended status, as of 2026. We update clients as the text moves.Bill 10225-д after 1st reading (3 Sep 2025); 2022 law suspended. As of 2026.
How it works
From first call to the future register.
01
Strategy and frank advice
The current status, your timeline and the real choice: readiness-only, interim EU licence, or both. Fixed in writing.Readiness, EU interim, or both - in writing.
02
Entity and Diia.City
Ukrainian incorporation, governance and the Diia.City assessment for development operations.Incorporation + regime assessment.
03
The readiness file
MiCA-pattern AML, custody, systems and fit-and-proper documentation. Built to application grade.MiCA-pattern, application-grade.
04
Track the law
Second reading, final text and by-laws monitored; the file updated as requirements harden.Second reading and by-laws, monitored.
05
File at the opening
The prepared application submitted when registration opens. Entering the register early, with banking ready.Early into the register, banking ready.
Quick facts
Bill10225-д
First reading3 September 2025
2022 lawAdopted, not in force
TrackMiCA-aligned
SupervisionNBU · NSSMC - settling
Draft personal tax18% + 5% levy
Transitional rate5% - year one, proposed
Diia.City9% / 18% modes live
No licence exists today. Anyone selling a «Ukrainian crypto licence» in 2026 is selling paper. Preparation is the real product.
On the ground in Ukraine
Run from our Kyiv office.
Prifinance - Ukraine
Kyiv · Ukraine
Kyiv, Ukraine
01
Ukrainian entity and Diia.City
Incorporation, governance and Diia.City residency assessment. The corporate base built for the coming regime.The corporate base, built for the regime.
02
The readiness file
MiCA-pattern AML, custody and governance documentation. Application-grade before applications exist.Application-grade before applications exist.
03
The interim EU licence
A CASP in Czechia, Lithuania or the desk that fits. Operating lawfully in the EU while Kyiv finishes the law.Operating lawfully while Kyiv finishes.
04
Monitoring and conversion
Second-reading and by-law tracking, with the file updated and filed the moment the register opens.Filed the moment the register opens.
We also have offices in
Vilnius
Lithuania
Gedimino pr. 2
Prague
Czech Republic
Vlkova 532/8, Žižkov
London
United Kingdom
7 Bell Yard
Dubai
UAE
33 Level, Al Saqr Business Tower
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Turkey
Perpa Ticaret Merkezi, A Blok
Good to know
Taxation of crypto in Ukraine - today and under the draft.
Today's general rules, the draft's dedicated regime, and Diia.City for the development layer. Modelled together, on one sheet.
Today: general rules
Without a dedicated regime, individuals' crypto income falls under the general 18% personal income tax plus the 5% military levy on realisation. Documentation drives outcomes.General rules on realisation.
The draft: 18% + 5% on fiat exit
Bill 10225-д taxes individuals' gains at 18% plus the levy when crypto converts to fiat. Crypto-to-crypto stays untaxed in the draft's logic.Crypto-to-crypto untaxed.
The 5% transitional rate
Holdings acquired before the law's entry get a preferential 5% rate for the first year under the draft. The amnesty-style bridge for a decade of grassroots adoption.Year one, pre-law holdings.
Corporate: 18% baseline
Ukrainian companies pay 18% corporate tax under general rules. With the bill's market provisions defining how licensed operators account for client and own positions.General baseline.
Diia.City for the build
The special IT regime taxes resident companies at 9% on distributed profits (or 18% classic) with reduced payroll costs. The natural home for development operations inside your group.The development layer, today.
Planning before binding
Every figure above is either current law or published draft. We model scenarios now so the structure is optimal the day the final text binds.Scenarios ready for the final text.
Tax summary
Personal (today, general)18% + 5% levy
Draft - crypto gains18% + 5% on fiat exit
Draft - transitional5% · year one
Corporate tax18%
Diia.City modes9% distributed / 18%
StatusBill after 1st reading
*Per bill 10225-д as passed at first reading (3 September 2025) and current law, as of 2026. Final rates land with the second reading. We track every amendment.
Turnkey professional support
Experienced lawyers and international consultants.
We provide end-to-end support, from company registration and the application file to regulatory interaction and compliance oversight - with an individualized approach to each client.
Oleksii Kindratenko
Builds the application itself: Ukrainian entity, AML/KYC policy pack, capital structure and tax registrations. His document sets are the reason reviews finish in months, not years.
Eugeniu Bevziuc
First point of contact for international founders. Runs the whole setup remotely, across time zones and languages - from the first call to a launch-ready business.
Follow Prifinance
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Ukraine · pre-launch
Prepare your crypto project for Ukraine with expert support.
Full-service preparation - entity, readiness file and the interim EU structure that operates today.
Get a consultation →Free legal opinion
Is the Ukraine play right for your project?
Our legal team will analyze your case at no cost and provide a written legal opinion: which jurisdiction, licence scope, or route fits your business.
Written assessment within 2-5 business days
Request a free conclusion →FAQ
The Ukrainian crypto licence: quick answers.
Can I get a Ukrainian crypto licence today?+
No, and anyone selling one is selling paper. The 2022 virtual-assets law never entered into force, and the current bill 10225-д passed only its first reading on 3 September 2025. Licensing opens with the final law and its by-laws.
What exactly is bill 10225-д?+
The combined tax-and-market bill regulating virtual assets on a MiCA-aligned track: service categories and authorisation logic mirroring European architecture, a dedicated tax regime, and supervision split between the National Bank and the securities commission - with the final architecture settled in the law and by-laws.
What taxes does the draft propose?+
18% personal income tax plus the 5% military levy on gains when crypto converts to fiat, with crypto-to-crypto untaxed, and a preferential 5% rate in the first year for holdings acquired before the law. Final numbers land at the second reading.
What should a serious operator do now?+
Build the queue position: a Ukrainian entity with governance and Diia.City assessed, a MiCA-pattern readiness file, tax modelling and a banking pack, so the application files the day registration opens, not months after.
What if we cannot wait for Kyiv's timetable?+
Operate through an EU MiCA CASP now - Czechia and Lithuania are the desks we file most - serving European clients lawfully, with Ukrainian development housed in Diia.City. The group is designed so the Ukrainian registration slots in later without restructuring.
What is Diia.City and why does it matter?+
Ukraine's special IT regime: resident companies pay 9% on distributed profits (or classic 18%) with reduced payroll costs. It is the natural legal home for the development layer of a crypto group - usable today, regardless of the licensing timetable.
Who will supervise crypto in Ukraine?+
The draft splits roles between the National Bank and the National Securities and Markets Commission, with the final division, and the by-laws that operationalise it - following the law's adoption. We track both drafts as they move.
Why is Ukraine worth preparing for at all?+
Because the market precedes the law: Ukraine has ranked among the world's adoption leaders for years, with volumes and talent most licensed jurisdictions envy. When the register opens, it opens onto one of Europe's most crypto-native populations.
Is the 2022 law dead?+
It was adopted but never took effect, pending tax legislation - the role 10225-д now fills. The operative framework will be the new law's; the 2022 act's main legacy is proving parliament can pass crypto legislation.
Why prepare with you rather than wait and see?+
Because queues are won before gates open. We run MiCA files across the EU daily - the same patterns the Ukrainian bill mirrors, and our readiness clients convert preparation into applications while wait-and-see competitors start drafting. Preparation is cheap; being late to a forming register is not.
A licence today?+
No - anyone selling one sells paper.
Bill 10225-д?+
MiCA-track market + tax bill; 1st reading 3 Sep 2025.
Draft taxes?+
18%+5% on fiat exit; 5% transitional.
What to do now?+
Readiness file + entity - win the queue.
Can't wait?+
EU CASP now; Ukraine pairs in later.
Diia.City?+
9%/18% IT regime - usable today.
Who supervises?+
NBU + NSSMC - split being settled.
Worth preparing?+
Top-tier adoption; the register opens onto it.
The 2022 law?+
Adopted, never in force - superseded in role.
Why prepare with us?+
We run the MiCA patterns the bill mirrors, daily.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
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Get a free legal opinion on your project - our legal team will analyze your case at no cost and provide a written legal opinion: which jurisdiction, licence scope, or route fits your business.Free legal opinion: which Ukraine strategy fits your project and what it will cost.
✓Written legal opinion within 2-5 business days - free of charge✓A clear recommendation on the right licence scope, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU · ES speaking team
Prifinance is an independent law and advisory firm. We are not a regulator and are not affiliated with, endorsed by, or acting on behalf of the National Bank of Ukraine, the NSSMC or any other public authority. Authorisations are granted by, and obtained directly from, the competent authorities.