TEZY

VAT for Entrepreneurs: Final Discussions Underway

April 28, 2026 at 11:48
0
✦ AI Summary
  • Final decision on VAT for entrepreneurs expected in May 2026
  • Potential delay of tax changes to 2027 could occur
  • New measures aim to combat informal business practices in Ukraine

The implementation of VAT for individual entrepreneurs is in its final discussion stages between Ukrainian officials and representatives from the International Monetary Fund (IMF). According to sources, a significant decision regarding this matter will be made in May 2026 during an IMF mission in Kyiv.

There is a possibility that tax changes may be postponed to 2027. The current agreements focus on enhancing measures to formalize businesses in Ukraine, including combating the fragmentation of individual entrepreneurs and addressing issues like off-the-books wages and smuggling.

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