- E-invoicing is becoming popular in Ukraine due to its benefits over traditional paper invoicing.
- E-invoicing is mandatory for most taxpayers in Ukraine for VAT purposes, with businesses earning over UAH 1 million annually required to use e-invoicing.
- There are three major categories of e-invoicing: business-to-government, business-to-business, and business-to-consumer.
- To send compliant e-invoices in Ukraine, businesses need to register with the tax authorities, choose an e-invoicing option, include required information, submit the e-invoice to recipients and tax authorities, and keep records.
- The future of e-invoicing in Ukraine involves widespread adoption, integration with other business systems, and advancements in technology like blockchain.
Source Storecove
