- For mandatory VAT registration, the total volume of taxable supply operations over the last 12 months must exceed 1,000,000 UAH (excluding VAT).
- This total includes all taxable supplies (standard, 7%, 14%, 0% rates, and conditionally exempt supplies), but not non-taxable operations.
- If an individual entrepreneur ceases and then resumes business within a year, previous supply operations before cessation are included in the calculation for VAT registration threshold.
- The registration application must be submitted no later than the 10th day of the month following the month when the threshold is exceeded.
- Special rules apply for those transitioning from the simplified tax system to the general system.
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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