- Registration as a VAT payer is valid until it is canceled by removal from the tax register.
- Cancellation occurs if the person submits a cancellation application and taxable operations are below the threshold for the last 12 months, and all tax obligations are paid.
- Cancellation also occurs if the person decides to cease operations and approves a liquidation balance or similar document.
- Other reasons include switching to a simplified tax system without VAT, not submitting VAT declarations for 12 months, invalid founding documents, court decision on liquidation, or the death or incapacity of an individual entrepreneur.
- Cancellation can be initiated by the taxpayer or the controlling authority.
- Automatic cancellation happens if there is a record of cessation of activity or a switch to a simplified system without VAT.
- The cancellation date is determined by the earliest relevant event.
- The controlling authority must provide a written refusal if there are no grounds for cancellation within 10 days of receiving the application.
- If cancellation is initiated by the authority, the taxpayer must be notified in writing within three working days.
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.
