- Registration of a taxpayer can be cancelled by excluding them from the taxpayer registry
- Reasons for cancellation include:
- Taxpayer submits a request for cancellation if the total value of taxable goods/services provided by them in the last 12 months is less than the specified amount
- Taxpayer decides to liquidate and settles tax obligations
- Taxpayer registers as a single tax payer without VAT payment
- Taxpayer fails to submit VAT declaration for 12 consecutive months
- Legal documents of taxpayer are declared invalid by court
- Economic court orders liquidation of bankrupt legal entity
- Taxpayer is liquidated by court decision or exempted from tax payment
- Taxpayer dies, declared incapacitated, or missing
- Joint venture agreement ends or management agreement expires
- Cancellation can be done upon taxpayer’s request or by controlling authority’s decision
- Automatic cancellation if legal entity or individual entrepreneur registration is terminated or simplified taxation system without VAT payment is applied
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.
