- The VAT rate remains at 12% in 2025
- VAT and profit tax rates will not change until January 1, 2028
- From July 1, 2025, passenger transportation services under a unified tariff will be subject to VAT, previously exempt
- State property sales, including non-agricultural vacant land under property rights, are not subject to VAT
- Documents confirming product exports include a contract copy, customs declaration, and transport documents with customs crossing confirmation
- Real-time electronic information exchange between customs and tax authorities confirms goods have crossed the customs border, validating exports
- VAT exemptions include prosthetic devices and parts until January 1, 2027, railway container leasing services from November 1, 2024, to January 1, 2026, and educational and laboratory equipment for non-state educational institutions until January 1, 2030
- Budget organization projects involving international financial institutions in sectors like energy, water supply, road transport, and waste management are exempt from VAT
- VAT exemption also applies to project participants involved in these infrastructure projects
Source: facebook.com
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.
