Ukraine VAT Guide
Liudmila Gordych
Ukraine VAT Specialist
This guide is an overview of the UA’s Value Added Tax (“VAT”) system, focusing on how it affects foreign businesses trading with the UA. It is general in nature and unlikely to cover the specifics of your scenario. It should be read as such and not be construed as advice. For advice as to how your business is affected by UA VAT, please contact a Kreston UA VAT specialist.
- Tax name
- Tax authority
- Tax type
- Tax base
- VAT rates
- Format of VAT registration numbers
- Registration limit, if any
- UA place of supply
- VAT return submission deadlines
- Late-registration penalties, if enforceable
- Whether there are any penalties arising from other events
- Whether there is any recovery of VAT paid by overseas businesses?
- Billing event
Tax name
VAT – Value Added Tax
Tax authority
State Tax Service of Ukraine
Tax type
An indirect tax that is included in the price of goods (works, services) and is paid by the buyer, but its accounting and transfer to the state budget is carried out by the seller (tax agent).
Tax base
Taxable benefits: VAT is added to the value of supplies of goods and services where the ‘place of supply’ is the Ukraine
VAT rates
Format of VAT registration numbers
360014336583
Registration limit, if any
For UA established businesses – 1 000 000 UAH
For non-UA established businesses – 1 000 000 UAH
UA place of supply
VAT return submission deadlines
Monthly
Late-registration penalties, if enforceable
Yes – Penalties and VAT are to be charged
• VAT (it is responsible for non-calculation and non-payment of VAT and without the right to have a tax credit and receive budget compensation);
• Penalties (for legal entities of Ukraine – 1,020 UAH for repeated violations – 2,040 UAH;
for foreign legal entities (non-residents) – 100,000 UAH)
Whether there are any penalties arising from other events
Yes – penalties are charged for:
• VAT return errors;
• late submission or payment
Whether there is any recovery of VAT paid by overseas businesses?
No, there’s not any
Billing event
Tax invoicing is done when supplying goods and services in UAH. Therefore, the taxpayer – the seller of goods/services is obliged to draw up a tax invoice within the established terms and register it in the Unified Register of Tax Invoices (URTI) and provide it to the buyer at his request.
Other A special taxation regime is introduced under martial law
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