- There is no official memorandum text yet, only a brief IMF press release from November 26.
- VAT for individual entrepreneurs (FOP) is not planned for 2026; implementation is expected later.
- The most affected would be 170,000–250,000 FOPs, mainly in IT, consulting, and professional services.
- Technical and legislative challenges make VAT introduction for all FOPs before 2029–2031 unrealistic.
- VAT for FOPs will only happen after major reforms, not before 2029.
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
- VAT Payer Reorganization: Is It Necessary to Change VAT Registration or Re-Register?
- IMF-Driven Mandatory VAT for Ukrainian Entrepreneurs: Experts Warn of Risks, Shadow Economy Growth
