- For VAT purposes, the place of supply of payment services is the location of the supplier’s registration.
- If payment services are provided by residents, the place of supply is within Ukraine and is not subject to VAT.
- If payment services are provided by non-residents, the place of supply is outside Ukraine and is also not subject to VAT.
- Therefore, VAT does not need to be charged or paid by individual entrepreneurs when purchasing payment services, regardless of whether the supplier is a resident or non-resident.
Source: od.tax.gov.ua
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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