30 June 2021
From 1 January 2022, Ukraine will impose VAT at 20% on the sale of e-services to local consumers by non-resident businesses.
At present, non-resident businesses providing digital services in Ukraine don’t have to charge VAT on their sales. However, to remove the unfair advantage this gives to non-resident companies over Ukrainian resident providers, the Ukrainian tax authorities have confirmed that VAT will be charged at 20% on these types of transactions from 2022.
This new tax will only apply to non-resident businesses with annual sales in the Ukraine above a calendar year threshold of UAH 1 million (approx. £26,000) and will apply to a range of electronic services including streaming games, music, apps, films, e-books, e-journals, software and internet services.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
Several member states are proposing the introduction...
Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...
SEE MORE
LATEST NEWS
Reminder: Bulgaria joined the Eurozone on 1 January...
From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...
SEE MORE
LATEST NEWS
EU to remove the customs duty exemption for “low...
Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...
SEE MORE