- The Ukrainian government plans to require single tax payers (groups 1-3) to register as VAT payers if their taxable operations exceed 1 million UAH in a 12-month period, starting in 2027.
- The proposed law excludes only third group e-residents (foreigners) from this mandatory VAT registration.
- Current single tax rates (3% and 5%) are not planned to change under this draft law.
- If a single tax payer’s taxable operations fall below 1 million UAH again, they can cancel their VAT registration and return to their previous tax rate after one year.
- The draft law removes several current exceptions and procedures related to VAT registration for single tax payers.
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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