Forvis Mazars unveils strategic insights for Ukraine's reconstruction

As discussions continue regarding a potential ceasefire in the Russia-Ukraine war, global interest in Ukraine’s reconstruction efforts—including from South Korean businesses—is steadily increasing. In response, Forvis Mazars, a leading global accounting and consulting network, has published a comprehensive report outlining essential legal, tax, and strategic considerations for companies looking to participate in Ukraine’s rebuilding process.

Developed in collaboration with local experts from Forvis Mazars in Ukraine and across the Central and Eastern Europe (CEE) region, this report is designed to provide practical, localized insights to help global businesses navigate the Ukrainian market and engage effectively in upcoming reconstruction projects.

Click here to download the full report.

Grégoire Dattée, Managing Partner of Forvis Mazars in Kyiv, addressed concerns about financial risks associated with investing in Ukraine, stating, "Many assume that securing funding in Ukraine is extremely difficult and that investment risks are too high. However, financing should not be the primary obstacle if a project is well-structured and clearly defined. Additionally, financial instruments and insurance solutions designed to mitigate war-related risks are becoming increasingly available, which is helping to reduce uncertainty."

He further emphasized the importance of early market entry, noting, "Once peace is restored and reconstruction accelerates, securing essential resources such as skilled labor and materials will become significantly more challenging. Now is the optimal time for businesses to position themselves and attract top talent before competition intensifies."

Julien Herveau, Country Lead Partner in Forvis Mazars in Korea, stated “We are committed to helping Korean businesses take part in Ukraine’s reconstruction. With our global reach and on-the-ground capabilities, we offer strategic, regulatory, and financial guidance tailored to the unique challenges and opportunities of this evolving market.”

 This report aims to equip businesses with actionable strategies for participating in Ukraine’s reconstruction efforts. The report covers the following topics:

• Ukraine: a roadmap to recovery and reconstruction
  • How big is the challenge of the economic recovery and reconstruction of Ukraine
  • Renovation and construction: who to get in touch with?
  • Economy and investments
  • Ukrainian tech and IT worth a glance
  • Funding for reconstruction
• Guide on doing business in Ukraine
  • Legal aspects of doing business in Ukraine
  • Guide on tax in Ukraine

-ENDS-

About Forvis Mazars

Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 40,000 professionals across the globe to assist clients of all sizes at every stage in their development.

About Forvis Mazars in Korea

Forvis Mazars in Korea (Forvis Mazars Sebit Accounting Corporation) is a member of Forvis Mazars Group, a leading professional services network. Specializing in audit, tax, advisory, and outsourcing, Forvis Mazars in Korea supports local and foreign-invested companies operating businesses in Korea and globally. With expertise and cultural understanding, our 100+ professionals assist clients of all sizes at every stage of their development.

Visit http://forvismazars.com/kr to learn more.

Contact

Tae-Hee Kong, MarCom, Forvis Mazars in Korea
tae-hee.kong@forvismazars.com