Europe-Ukraine joint business is the company’s way to the international market

Entering the European markets opens up attractive prospects for Ukrainian entrepreneurs – a high standard of living in the EU implies increased sales, large purchases and solid checks. On the other hand, the rules of the game in the countries of the European Union are fundamentally different from our ideas, it is initially difficult to conduct business independently, so many consider the possibility of organizing joint ventures. Having gained such valuable experience as a joint business, Europe and Ukraine are establishing effective interaction for mutual benefit – both sides will benefit from a respectable partnership!

Advantages of joint business between Europe and Ukraine

Ukraine’s geographical location facilitates joint business with companies from neighboring European countries – Poland, Romania, Hungary. Ukrainians adopt innovative technologies and ways of optimizing business processes, as a result of which the productivity and profitability of enterprises increases.

By maintaining partnership relations with European companies, it is easier for the captains of industry to accumulate resources for modernization, reconstruction and increasing production volumes. Having established a joint business with Europe, you can attract investments on favorable terms, gain access to European grants, subsidies and international support programs.

In joint enterprises, new quality standards and production risk management methods are actively being implemented, which facilitates the organization of the supply of Ukrainian products to EU countries. In turn, developed connections expand export opportunities – companies developing business partnerships with Europe receive an advantage in the distribution of quotas.

Poland is the best country for joint business with Ukraine

When considering the options for organizing joint ventures, first of all consider Polish companies: doing joint business with Poland is profitable at least because of common borders, convenient geographical location and cultural and historical ties. Numerous Ukrainian diasporas and the influx of refugees after the outbreak of hostilities provide a wide consumer base for Ukrainian goods and services, and the purchasing power of the Polish population is significantly higher than in Ukraine.

Stable economic growth creates many niches for the development of highly profitable joint projects with scaling potential. Polish companies conduct an active exchange of goods with the countries of Central and Western Europe, so a business partnership with Poland can be a starting point for developing European markets. The Polish government is loyal to foreign market operators and provides favorable conditions for entrepreneurial activity and joint business projects:

• developed infrastructure for business;
• weighted system of taxation;
• preferential tax rates for small businesses;
• low rates for loans and leasing;
• transparent regulatory mechanisms;
• effective protection of property rights;
• access to state subsidies and Eurogrants.

Important steps for successful joint business between Europe (Poland) and Ukraine

The search for reliable business partners is based on the correct formulation of the request: determine the goals and objectives of the enterprise, determine the need for resources and outline an action strategy. A mandatory condition is that the opening of a joint business with Poland must satisfy the interests of both parties, so the formulation of the proposal is preceded by a thorough analytical work:

• market research and the choice of a promising direction;
• market strategy development and financial planning;
• identification of potential problems and risk management;
• discussion of prospects for cooperation with potential partners;
• preparation of documents defining the order of interaction of the parties;
• conclusion of partnership agreement.

If you do not have experience in market analysis, contact consulting services that provide partner selection services in Poland. Effective joint business with Europe can only be created under conditions of transparency, so take care of the legal support of the agreement to prevent any misunderstandings and uncertainties in the interpretation of the provisions of the agreement.

How to start a joint business between Europe (Poland) and Ukraine

Establishing a business partnership in Poland can be done in different ways: someone looks for offers on the Internet, someone finds partners at exhibitions, conferences and seminars, someone entrusts the search for business partners in Europe to intermediaries. According to the EU Merger Regulation, registration of a joint venture in Europe is possible subject to confirmation of the full functionality of the participating companies:

• management is engaged in the day-to-day activities of the JV;
• intention and ability to act on a permanent basis;
• both enterprises have sufficient resources to conduct business.

How to choose an idea for joint business

It is easiest to organize joint business with Europe (Poland) on the basis of common interests – in this case, partners join forces to achieve the same goal and act for mutual benefit. The possibility of effective interaction is determined by comparable market potential, similar skills and compatibility of resources. In the case of a merger of unequal companies, one of the parties may be recognized as non-functional, and the agreement will be considered a merger, which entails registration complications and additional taxes.

It is important that cooperation gives each of the parties a competitive advantage – for Ukraine it can be modernization and technical re-equipment, for Poland – access to a cheap, qualified and motivated workforce. In the professional selection of partners, the profiling method is used: company representatives indicate priority interests and areas of activity. In solid consulting companies, various specialists are involved in the preparation of agreements – marketers, lawyers, financiers; the probability of error is minimal.

Medical joint business with Poland

The Med Invest Group company offers to take part in the development of a joint medical business in Poland under the terms of a franchise: professional legal support ensures the legitimacy of the deal and protection of the investor’s interests. A medical business franchise in Poland is offered with the allocation of a share of ownership and a guaranteed payback within 5 years.

If the payments are below the stipulated level, we will return your share of the share capital – but this has not yet been necessary. Choose a safe investment in a healthy business in a recognizable brand ecosystem and join the noble mission of implementing advanced healthcare standards!