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In 2026, penalties for Sole Proprietors for late tax payments increased due to the rise in the minimum wage and subsistence level. Even short-term delays now result in higher costs than in 2025. The minimum wage increased to UAH 8,647, the subsistence minimum – to UAH 3,328, and along with them, the rates of the […]

Decided to close a Sole Proprietor – and it seems like just a few clicks in Diia are enough? In reality, registration closure – is only the beginning. After that, you still need to submit a liquidation declaration, pay final taxes and SSC, collect documents and keep them for years. And the tax authority has […]

Have you encountered a situation where, after switching to another tax group, the tax authority suddenly начислила additional taxes due to exceeding the limit? Many entrepreneurs mistakenly believe that switching the single tax group “resets” the annual income limit. In reality, this is not the case. When changing groups, the entire income of a sole […]

Tax audits in 2026 remain one of the main risks for businesses and entrepreneurs, including sole proprietors. The State Tax Service actively uses analytics, registries, reporting, and payment system data to detect violations and identify taxpayers for audits. In this article, we will look at who the tax authorities most often audit in 2026, how […]

Sent the tax payment to the wrong tax office? Selected the wrong payment code? Paid the tax twice and now don’t know what to do? Good news: taxes paid by mistake or in excess can be refunded or transferred to the correct account if you follow the procedure предусмотрed by the Tax Code. But there […]

As of August 1, 2025, open banking has come into effect in Ukraine – a system that allows accounts from different banks to be combined in one app only with the client’s consent. Banking secrecy is not abolished, and the state does not get automatic access to accounts. And panic started immediately: “Banking secrecy is […]

Military manufacturing in Ukraine in 2026 is a separate sector with increased state control: in some areas licenses are required, certification and codification are often needed, export control rules apply, as well as specific procurement procedures and enhanced bank financial monitoring. :contentReference[oaicite:0]{index=0} Ukrainian entrepreneurs are increasingly entering this field: from drones and components to tactical […]

In 2025–2026, the state has significantly simplified business registrationin Ukraine: an LLC can be opened online via Diia in 10 minutes. But this is exactly where entrepreneurs most often make mistakes. Formally – everything is fast and free. In practice – an incorrectly chosen charter, NACE codes, or taxation system can create problems already after […]

When to register a sole proprietor in Ukraine – this is a question that arises for many people planning to start their own business. You have finally decided: the idea is tested, clients are on the horizon, and it feels like – here it is, the long-awaited freedom. But just a few weeks after registration, […]

Did you lend money to someone you know from your sole proprietor account (FOP account)? It may seem like a small thing. But for single tax entrepreneurs, it can turn into a disaster: loss of simplified taxation status, additional tax charges of up to 45%, and even account blocking. Why does this happen and how […]

The Ministry of Finance has prepared a large-scale draft law that will change the rules of the game for Ukrainian businesses starting from 2027. The main goal is to make income more transparent, align Ukraine’s tax system with European standards, and close loopholes that previously allowed businesses to “optimize” taxes. The changes will affect Sole […]

Is your business divided among several sole proprietors? In such a situation, the tax authority may consider the structure as business splitting. Do you have several sole proprietors in the family? It may seem like a convenient and profitable option. But the Ministry of Finance is preparing a draft law that closes schemes entrepreneurs have […]