Government Will Not Submit VAT Bill for Sole Proprietors to Parliament in February 2026

• The Ukrainian government will not submit a draft law on mandatory VAT for sole proprietors (FOPs) to Parliament in February 2026.
• The government seeks to revise last year’s agreements with the IMF, particularly the requirement to introduce VAT for FOPs.
• Ukraine’s attempt to change the IMF program terms has caused dissatisfaction at the IMF and may delay international financial aid, including a €90 billion EU loan.
• The updated IMF-Ukraine memorandum, which includes credit terms and conditions, remains unpublished and awaits confirmation from Ukrainian authorities.
• Ukraine has not yet confirmed its readiness to fulfill all agreed conditions, which is necessary for the IMF program’s approval.

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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