- The main tax office in the Odessa region published information on September 10, 2024 at 14:38
- The legal basis for VAT taxation is established in the Tax Code of Ukraine.
- Any person registered or required to be registered as a taxpayer is considered a taxpayer for VAT purposes.
- Registration of VAT payers is carried out according to the Tax Code of Ukraine.
- If the total amount from taxable transactions exceeds 1,000,000 UAH within the last 12 months, the person must register as a taxpayer.
- VAT registration includes transactions subject to different VAT rates and exemptions.
- The registration application must be submitted to the tax authority by the 10th of the following month after reaching the threshold.
- In case of transition from a simplified tax system to other taxes, the registration application must be submitted by the 10th of the first month of the transition.
- If a physical person-entrepreneur is registered again and operates under the general tax system, they must register as a taxpayer if their taxable transactions exceed the threshold within the last 12 months.
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.
