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Changes in VAT payer registration procedure: Ministry of Finance project. New rules for voluntary registration.

  • Changes are being made to the provisions on the registration of VAT payers
  • The draft Ministry of Finance project allows entities to voluntarily register as VAT payers not only during the creation of a legal entity or individual entrepreneur, but also during the registration of changes to information in the Unified State Register
  • The draft proposes changes related to taxation of goods moving in international postal and express shipments, taxation of banks and other taxpayers, and improvement of online communication with taxpayers
  • The draft also includes changes regarding the registration process, cancellation of VAT payer registration decisions, and the issuance of VAT payer registry extracts in electronic form
  • Technical corrections and improvements to various forms related to VAT registration are also proposed
  • The draft will come into effect upon official publication, and feedback on the project is accepted for one month from the date of publication on the State Tax Service website.

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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