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VAT Implications When Returning Assets to Exiting LLC Members or Founders in Ukraine

  • The return of fixed assets previously contributed to a company’s charter capital upon a participant’s exit is subject to VAT.
  • Such transactions are considered a supply of goods under Ukrainian tax law.
  • VAT is applied at the standard rate on these operations.

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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