New conditions for obtaining a VAT payer certificate

Автор: admin_dev
New conditions for obtaining a VAT payer certificate

On July 1, 2012, the Law of Ukraine No. 4834 – VI of 24.05.2012 “On Amendments to the Tax Code of Ukraine to improve certain tax norms” came into force according to which the requirement for the size of the authorized capital or the value of assets of 300,000 UAH was removed.

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As of July 1, 2012 new conditions for obtaining a VAT payer certificate came into effect

On July 1, 2012, the Law of Ukraine No. 4834 – VI of 24.05.2012 “On Amendments to the Tax Code of Ukraine to improve certain tax norms” came into force and the good news it brought with it are as follows:

  • The requirement for the size of the authorized capital or the value of assets of 300,000 has been removed;
  • There is no need for suppliers of goods and services to be VAT payers for 50% of transactions over 12 months;
  • The term for registration, re-registration, cancellation of a VAT payer in the tax authorities has been reduced from 10 to 5 working days;
  • The deadlines for submission of re-registration applications by VAT payers have been standardized – 10 working days;
  • Any person that performs taxable transactions is now allowed to register as a VAT payer;
  • The basis for cancelling a VAT payer certificate such as non-compliance with the volume of supplies to VAT payers has been abolished;
  • The procedure for registration as a VAT payer has been simplified for single-tax payers.

As of today, the opportunity to register for VAT is available to:

  • A legal entity of any organizational and legal form, including enterprises with foreign investment:
    • only single tax payers of 3%;
    • 5% taxpayers voluntarily transfer to 3% in the manner prescribed by law.
  • Individual entrepreneurs – the same.
  • Legal entities and individuals – who import goods into the territory of Ukraine.
  • Representative offices of a non-resident without the status of a legal entity.

Conditions and procedure for registration as a VAT payer

Registration as a VAT payer is carried out on the basis of registration application 1 – VAT. All sections of the application must be completed in accordance with the data in the EDRPOU. It would not be superfluous to submit a copy of the certificate of registration or a copy (original) of the extract from the EDRPOU.
Within ten days from the date of submission of the application you will receive the VAT payer certificate (days should be counted from the next day after submission of the application; if the next day is a weekend or public holiday, the count begins from the first working day after the weekend).
A person is considered registered from the moment their data is entered into the tax Register.
In the application it is necessary to indicate how they want to receive the document (by mail or in person) – code 9 of the application.
When receiving the document, the person must have a duly executed power of attorney and a passport.
If you did not come to collect the VAT payer certificate within 10 days, the tax office on the last day of the 10-day period will send it to you by mail.
If you chose to receive the certificate by mail – you need to bring stamps and an envelope covering the postage.
All sections of the registration application must be completed!