Cancellation of VAT payer registration: what should the payer of the 3rd group of EP do?

• The cancellation of VAT payer registration can be done by the taxpayer or by the controlling authority.
• If a person registered as a taxpayer has their registration cancelled, they must switch to paying a 5% unified tax rate or opt out of the simplified tax system.
• If a legal entity paying a 3% unified tax rate has their VAT registration cancelled, they must submit a request to switch to paying a 5% unified tax rate or opt out of the simplified tax system.

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.