Mandatory VAT Registration for Re-registered Sole Proprietors Exceeding 1 Million UAH Turnover

• Re-registration of an individual entrepreneur on the general taxation system requires VAT registration if the total supply exceeds 1 million UAH in the last 12 months.
• Legal basis for VAT taxation is established in Section V and Subsection 2 of Section XX of the Tax Code of Ukraine.
• Any person registered or required to register as a VAT payer is considered a taxpayer.
• VAT registration is conducted according to Articles 181 to 183 of the Tax Code.
• If the total taxable supply exceeds 1 million UAH in the last 12 months, registration as a VAT payer is mandatory.
• The total supply includes operations taxed at standard, 7 percent, 14 percent, zero rates, and exempt operations.
• Non-taxable operations are not included in the total supply calculation.
• Mandatory VAT registration application must be submitted by the 10th of the month following the month when the threshold is exceeded.
• Transition from a simplified tax system to other taxes requires a registration application by the 10th of the first month of the transition.

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.

---

---