If you don’t take care of legal protection and accounting from the very beginning, you risk not only losing money but also putting your entire business at risk.

Here are 10 essential steps to help you avoid problems and operate with confidence:

1. Protect your name and brand — register a trademark

Why is this important?

If you create a business, logo, unique name, or slogan, competitors can copy them. Without official trademark registration, you have no legal rights to your own brand.

What to do with Prima Veritas?

• Check the uniqueness of your name (patent attorneys will help you quickly assess it).
• File an application for trademark registration.
• Obtain a certificate confirming your brand rights.
• Without registration, someone else can claim your name — and you’ll be forced to change it!

2. Protect the tangible form of your ideas — patent your developments

Why is this important?

If you create technology, a unique product, or software, competitors can use your developments or even patent them before you do.

How to do it with Prima Veritas?

• Conduct a patent search to identify existing analogs.
• File a patent application to protect yourself and increase your business value.
• In IT, you can register copyright for code, algorithms, or software.
• Without protection, anyone can use your idea — and proving ownership will be extremely difficult!

3. Formalize partnerships and agreements

Why is this important?

Many startups begin with friendly agreements, but when money comes into play, the lack of legal documentation can lead to conflicts. Clear contracts also protect you from fraud, payment delays, and poor-quality services.

What can Prima Veritas help with?

• Draft agreements with suppliers and partners.
• Sign contracts with clients — verbal agreements = payment risks.
• Structure investor agreements so you retain control over your business.
• No contracts = risk of losing your business or profit!

4. Register as a sole proprietor (FOP) with Avista

You will receive:

• an electronic digital signature (EDS);
• a taxation system (general or simplified);
• a single tax group (if simplified);
• selected business activity codes (KVEDs).

Why is this important?

Accounting starts from day one: from your first payment or shipment, you must keep primary documents, maintain income records, track tax deadlines and limits, calculate taxes correctly, and pay them on time.

5. Keep all your registration documents

• Extract from the Unified State Register;
• Certificate of single tax payer registration;

6. Choose a bank and open a business account

Open accounts in local currency and, if needed, in foreign currencies for receiving payments.

7. Properly manage employment documentation

Even one employee requires proper legal оформление and HR documentation.

8. Obtain necessary permits and licenses

Depending on your business type (e.g., medical, veterinary, alcohol, or tobacco sales).

9. Use RRO/PRRO and payment terminals

If you sell goods (online or offline), you must use a cash register system. Offline businesses must also use payment terminals.

10. Use marketplaces and payment systems

You can sell via platforms like Prom, Rozetka, OLX, and use payment systems such as LiqPay, WayForPay, or Portmone.

You can confidently entrust your accounting to the experienced team at Avista and forget about bookkeeping chaos.

Brand, ideas, agreements, contracts, and accounting are the foundation of a successful business — together with Prima Veritas and Avista.

If you don’t take care of these in advance, someone else will take advantage of your weak points.

A protected business = a stable and thriving business.

Have questions? Message us — we’ll help you protect your company from day one!