| Season: | 1995–96 |
| Winners: | Dynamo Kyiv 4th title |
| League Topscorer: | (20) Timerlan Huseinov (Chornomorets) |
| Nextseason: | 1996–97 |
The 1995–96 Vyshcha Liha season was the 5th since its establishment. FC Dynamo Kyiv were the defending champions.
| Club | Coach | Replaced Coach | Home stadium | |
|---|---|---|---|---|
| FC Dynamo Kyiv |  Yozhef Sabo | Republican Stadium Dynamo Stadium | ||
| FC Chornomorets Odesa | Leonid Buriak | Black Sea Shipping Stadium | ||
| FC Dnipro Dnipropetrovsk |  Bernd Stange | Meteor Stadium | ||
| FC CSKA-Borysfen Kyiv | Viktor Chanov | Mykhailo Fomenko 29 games | CSK ZSU Stadium | |
| FC Metalurh Zaporizhzhia | Oleksandr Tomakh | Metalurh Stadium | ||
| FC Zirka-NIBAS Kirovohrad | Oleksandr Ischenko | Zirka Stadium | ||
| FC Torpedo Zaporizhzhia | Ihor Nadein | AvtoZAZ Stadium | ||
| FC Karpaty Lviv | Volodymyr Zhuravchak | Ukraina Stadium | ||
| FC Kremin Kremenchuk | Valery Yaremchenko | Tiberiy Korponay 13 games Anatoliy Skurskyi 4 games | Dnipro Stadium | |
| FC Shakhtar Donetsk | Valeriy Rudakov | Vladimir Salkov 6 games | Shakhtar Stadium | |
| FC Prykarpattia Ivano-Frankivsk | Ihor Yurchenko | Elektron Stadium | ||
| SC Tavriya Simferopol | Anatoliy Zayaev | Yuriy Kerman 17 games | Lokomotyv Stadium | |
| FC Nyva Ternopil | Ihor Yavorskyi | City Stadium | ||
| FC Kryvbas Kryvyi Rih | Myron Markevych | Yuriy Koval 12 games Yuriy Hruznov 3 games | Metalurh Stadium | |
| FC Nyva Vinnytsia | Serhiy Morozov | Central City Stadium | ||
| SC Mykolaiv | Yevhen Kucherevskyi | Central City Stadium | ||
| FC Volyn Lutsk | Yuriy Dyachuk-Stavytskyi | Vitaliy Kvartsyanyi 22 games Oleksiy Yeschenko 1 game | Avanhard Stadium | |
| FC Zorya-MALS | Viktor Aristov | Oleksandr Zhuravliov 14 games Anatoliy Korshykov 3 games | Avanhard Stadium |
| Team | Outgoing head coach | Manner of departure | Date of vacancy | Table | Incoming head coach | Date of appointment | Table | |
|---|---|---|---|---|---|---|---|---|
| FC Dynamo Kyiv | Mykola Pavlov | pre-season | Yozhef Szabo | pre-season | ||||
| SC Tavriya Simferopol | Pavlo Kostin | pre-season | Yuriy Kerman | pre-season | ||||
| CSKA-Borysfen Kyiv | ? | pre-season | Mykhailo Fomenko | pre-season | ||||
| FC Karpaty Lviv | Myron Markevych | pre-season | Volodymyr Zhuravchak | pre-season |
| Rank | Player | Club | Goals (Pen.) |
|---|---|---|---|
| 1 | Timerlan Huseinov | Chornomorets Odesa | 20 (1) |
| 2 | Andriy Shevchenko | Dynamo Kyiv | 16 (2) |
| 3 | Oleksandr Palyanytsia | Dnipro Dnipropetrovsk | 13 |
| Andriy Pokladok | Karpaty Lviv | 13 (1) | |
| Oleh Matviiv | Shakhtar / Kremin | 13 (5) | |
| 6 | Volodymyr Mozolyuk | Volyn Lutsk | 12 (3) |
| 7 | Volodymyr Sharan | Dnipro Dnipropetrovsk | 11 |
| Ivan Korponay | Kremin Kremenchuk | 11 (1) | |
| 9 | Serhiy Borysenko | Zirka-NIBAS Kirovohrad | 10 |
 Mikhail Potskhveria | Metalurh / Shakhtar | 10 | |
| Oleh Yaschuk | Nyva Ternopil | 10 | |
| Roman Hryhorchuk | Kryvbas Kryvyi Rih | 10 (6) | |
| Yuriy Vernydub | Torpedo Zaporizhzhia | 10 (8) |