- Entrepreneurs, self-employed individuals, micro
- and small business workers, and consumers initiated a petition against mandatory VAT registration for sole proprietors (FOPs) starting in 2027.
- The Ministry of Finance proposed that FOPs and legal entities with over 1 million UAH in VAT-taxable operations in 2026 must register as VAT payers in 2027.
- The business community argues this reform would create administrative burdens, risk business closures, increase shadow economy activity, and harm local budgets, especially in frontline and affected regions.
- The petition calls for tailored solutions instead of blanket rules and demands transparency and public modeling before implementing such tax changes.
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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