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Can a Group 2 Sole Proprietor in Ukraine Receive Foreign Payments in 2026

Can a Group 2 Sole Proprietor in Ukraine Receive Foreign Payments in 2026

As technology and remote work develop, more and more Ukrainian entrepreneurs are finding clients abroad. Designers, programmers, marketers, SMM specialists, and tutors want to work for export. However, when choosing the simplified tax system, many make a critical mistake that can cost them their single tax payer status. The key point in brief: In 2026, […]

5 mistakes sole proprietors in Ukraine can make that may cost them simplified tax status in 2026

5 mistakes sole proprietors in Ukraine can make that may cost them simplified tax status in 2026

Individual entrepreneur Group 2 is one of the most popular tax regimes for small businesses. It is chosen by hairdressers, cosmetologists, tutors, small retailers and local service businesses. But Group 2 works safely only when the individual entrepreneur complies with the simplified tax system requirements. One mistake in choosing a client, renting out property, payment […]

Managing a Foreign Company from Ukraine: Tax Risks

Managing a Foreign Company from Ukraine: Tax Risks

Entrepreneurs and IT companies are increasingly asking: is it safe to have a company in Estonia, the UAE, the United Kingdom or Cyprus if the team, clients and decisions are in Ukraine? If you opened a company abroad, hired a nominee director, and actually manage the business from your laptop in Kyiv – for the […]

Sole Proprietor Taxes in Ukraine under the General Tax System in 2026

Sole Proprietor Taxes in Ukraine under the General Tax System in 2026

A sole proprietor on the general taxation system in 2026 pays taxes not on turnover, but on net income. That is why, for some sole proprietors, the general system may turn out to be beneficial, especially if the business has significant expenses. At the same time, it requires more complex accounting, proper documentation, and control […]

How a Sole Proprietor Can Reduce Tax Audit Risk in 2026: 5 Practical Tips

How a Sole Proprietor Can Reduce Tax Audit Risk in 2026: 5 Practical Tips

The tax authority has scheduled more than 4,500 audits in 2026. Every fifth one concerns sole proprietors. And these are only scheduled audits – not including unscheduled ones, which may be initiated after a complaint from a client or even from employees. But here is an interesting fact: most audits can be avoided if you […]

Are KVED Codes Being Replaced in 2027? What NACE 2.1-UA Means

Are KVED Codes Being Replaced in 2027? What NACE 2.1-UA Means

Many entrepreneurs are already concerned: is it true that KVED codes will disappear, what is NACE 2.1-UA, will sole proprietors need to re-register, and could they lose the simplified taxation system because of a new code? From January 1, 2027, the national KVED classifier (DK 009:2010) will be fully replaced by the new European system […]

Digital Platform Tax in Ukraine from 2027: OLX, Bolt, Airbnb, Freelancers – Who It Affects and How Much to Pay

Digital Platform Tax in Ukraine from 2027: OLX, Bolt, Airbnb, Freelancers – Who It Affects and How Much to Pay

Users most often want to know whether they will have to pay tax on sales through OLX, income from Bolt, Airbnb, Upwork, Fiverr and other digital platforms. If you sell goods on marketplaces, rent out accommodation or take freelance orders – the rules for you will change in the near future. The Verkhovna Rada has […]

New employee reservation rules from June 2026: salary, critical status and part-time workers

New employee reservation rules from June 2026: salary, critical status and part-time workers

Employee reservation rules in 2026 have undergone significant changes. Starting in June, the salary criterion for reservation increases, the approach to part-time employees changes, and companies with critically important status must confirm compliance with the updated criteria. If the company does not pass re-confirmation, the business risks losing its critically important enterprise status – and […]

Financial Monitoring for Sole Proprietors and Freelancers: How to Prove the Source of Funds

Financial Monitoring for Sole Proprietors and Freelancers: How to Prove the Source of Funds

Financial monitoring in 2026 is no longer a rare banking formality. According to OpenDataBot, in 2025, approximately 1-2 out of 10,000 bank payments in Ukraine fall under financial monitoring – and this figure grows by 10% every year. Banks check clients not only when opening an account, but also during ongoing service: they may request […]

How Sole Proprietors Accept Foreign Currency Payments

How Sole Proprietors Accept Foreign Currency Payments

How can an individual entrepreneur accept payments from abroad in foreign currency without running into problems with the tax authorities? This is a question most entrepreneurs face. Some simply refuse such orders – and lose thousands of dollars because they are not sure how to prepare the documents correctly. Others do it incorrectly – and […]

How to Withdraw Money from an LLC in 2026: Dividends, Salary, Sole Proprietor Payments and Financial Assistance

How to Withdraw Money from an LLC in 2026: Dividends, Salary, Sole Proprietor Payments and Financial Assistance

How can money be withdrawn from an LLC legally – without paying more than necessary? There are many ways to do this. But if the documents are prepared incorrectly, the tax authorities may assess additional taxes and classify the LLC as risky. And if an inefficient method is chosen, the company may overpay tens of […]

How to Start Dropshipping in Ukraine Legally: FOP, Taxes and RRO

How to Start Dropshipping in Ukraine Legally: FOP, Taxes and RRO

Dropshipping in Ukraine in 2026 is one of the most accessible ways to start a business without a warehouse and large investments. That is why many people start without understanding whether a sole proprietor (FOP) is required for dropshipping, what taxes will need to be paid, and whether it is necessary to use RRO/PRRO. The […]

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