On October 17th, 2008 a new law in Ukraine came into effect, literally translated "On the insertion of changes to certain legislative acts in Ukraine on improving regulations in the sphere of street traffic safety" (later "the law"). Most regulations of the new law are dedicated to more severe fines for traffic violations and new powers granted to police officers.

It is possible to establish an independent business in Ukraine as either a private person or a foreign legal entity without too many hurdles. Various company structures are available, but only three are considered to be useful for those wishing to establish a company in Ukraine.