On 3 June 2021, the Parliament of Ukraine adopted the law introducing 20% VAT on revenues of non-Ukrainian providers of electronic and digital services if these are rendered to consumers within Ukraine (the “Law”).<\/p>\n
Services subject to 20% VAT include any service rendered via Internet, web or app, streaming and cloud services and content subscriptions, whereas distance-learning or booking services shall be, generally, tax free.<\/p>\n
Non-Ukrainian providers of digital services to Ukrainian consumers must register as VAT payers in Ukraine once their qualifying revenues exceed the equivalent of UAH 1 million (approx. EUR32,000 or USD36,500) in any calendar year.\u00a0 Failure to register as VAT payer in Ukraine will result in a fine amounting to 100% of the relevant service fee. No VAT registration is required for providers that operate a permanent establishment in Ukraine through which these services are rendered.<\/p>\n
If signed by the President of Ukraine, the Law will become effective on 1 January 2022.<\/p>\n
For more information please contact Dmytro Ivanusa, divanusa@mazurivanusa.com<\/p>\n","protected":false},"excerpt":{"rendered":"
On 3 June 2021, the Parliament of Ukraine adopted the law introducing 20% VAT on revenues of non-Ukrainian providers of electronic and digital services if these are rendered to consumers within Ukraine (the “Law”). Services subject to 20% VAT include any service rendered via Internet, web or app, streaming and cloud services and content subscriptions, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-3496","post","type-post","status-publish","format-standard","hentry","category-news-insignts"],"yoast_head":"\n