Single tax payer Eligibility criteria

Legal entities using the simplified taxation system belong to the fourth and sixth groups of single taxpayers.

The fourth group includes business entities of any organizational-legal form that, during a calendar year, meet the aggregate of the following criteria: the average number of employees does not exceed 50 people and the amount of income does not exceed 5 million hryvnia. The sixth group includes those who, during the calendar year, had the income not exceeding 20 million hryvnia.

The payment of single tax by such payers shall be made at the place of their tax address within 10 calendar days after the deadline for filing tax returns for the reporting quarter. This tax return shall be submitted to the supervisory authority at the place of registration within the term set for the quarterly tax period.

For businesses that have switched to the single tax payment from payment of other taxes and charges imposed by the Tax Code of Ukraine, the first reporting period shall begin on the first day of the month following the next tax (reporting) quarter in which they were registered as single tax payers and end on the last calendar day of the last month of the period.

To note. The procedure for application of the simplified tax system by entities is defined in the Chapter 1 of the Section XIV of the Tax Code of Ukraine.