Provides advice on how to perform due diligence and in what areas it is necessary for a U.S. company. Includes information on the U.S. Commercial Service International Company Profile service.
Last Published: 8/6/2019

Conducting due diligence on prospective business partners and customers is essential in Ukraine. It is critical to confirm the legitimate registration, financial status, and reputation of potential customers and partners, before entering into a contractual relationship or selling your products/services. Doing so requires engaging the services of a law firm or using the International Company Profile (ICP) service offered by the U.S. Commercial Service. This service provides a detailed report including a financial background report, a check of references, the company’s history, and a site visit by an American Commercial Service officer.

Although there is little reliable open source information on Ukrainian firms, there are three nationwide web-based databases that can be useful: 1) a listing of bankrupt companies; 2) a list of companies in liquidation, and 3) a list of companies and individuals under civil or criminal prosecution. Unfortunately, the databases are available in Ukrainian only. To get access, you must register online or send a written request together with the subscription fee.
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Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.