- According to the Tax Code of Ukraine, property management contracts must be registered with the controlling authorities.
- The person managing the property is considered a taxpayer for VAT purposes and must keep separate tax records.
- The procedures for registering property management contracts and VAT payers are defined by the Ministry of Finance.
- The property manager must submit a registration application, along with a copy of the management contract, to the controlling authority.
- If the required documents are not provided or the registration application is denied, the documents will be returned to the property manager.
- The property manager is assigned a 9-digit registration number for tax purposes.
- Individuals responsible for paying and remitting VAT for multiple property management contracts are also affected.
Source: od.tax.gov.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.
