- Individual entrepreneurs (FOP) do not need to accrue or pay VAT on commissions for payment system services.
- This applies regardless of whether the service provider is a resident or non-resident.
- The place of supply for such services is determined by the provider’s registration location.
- Payment service operations are not subject to VAT according to Ukrainian tax law.
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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