- 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.
Latest Posts in "Ukraine"
- Mandatory VAT for Sole Proprietors in Ukraine May Impact Up to 250,000 Small Businesses
- Number of Risky VAT Payers in Ukraine as of 01.11.2025: Official Statistics
- Commission Agreements and VAT Registration: How Transactions Affect Mandatory VAT Registration Thresholds
- No VAT for Sole Proprietors in 2026: Major Tax Changes Expected Only After 2029
- VAT Payer Reorganization: Is It Necessary to Change VAT Registration or Re-Register?
