- Transfer of goods, services, or fixed assets within a legal entity (from the main company to a branch or vice versa) does not constitute a taxable event for VAT purposes.
- This is because ownership rights remain unchanged within the legal entity.
- Branches are not considered legal entities and are not subject to VAT registration.
- The transfer of goods, services, or fixed assets within the balance of the VAT payer (main company) is not subject to VAT if the main company is a registered VAT payer and accounts for its business activities and the branch’s activities as a single VAT payer.
Source: news.dtkt.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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