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Publication date: 30.04.2024
Ukrainian laws can be somewhat complex, especially when it comes to taxation. The specific circumstances of your case may affect which taxes may be exempted and which tax reporting obligations remain. However, a sole trader (individual entrepreneur) is usually exempt from paying taxes and filing tax returns only if he is in military service in accordance with current law and if this military service takes up all of his working hours.
Get advice on taxes.
You should contact a qualified tax consultant or attorney with experience in Ukrainian tax law to obtain accurate information about your specific case. They will be able to provide you with specific advice, taking into account all the nuances of your situation.
Legal advice on taxes.
If the FOP is in the military and exempt from paying taxes, it likely still has a tax reporting obligation. This may include income statements or other tax documents related to his business activities prior to military service.
Although a FPO may be exempt from paying taxes, filing a tax return may still be required to preserve tax benefits, determine indebtedness, or for other administrative purposes. It is important to contact your local tax authority or consultant for specific guidance on whether you need to file a tax return in your particular case.If an individual entrepreneur is in military service in Ukraine, there is a possibility of exemption from filing tax returns. However, it depends on specific conditions and circumstances. In some cases, when the FOP is inactive or does not generate income for a certain period, it may be entitled to such an exemption. However, it is important to note that the rules are subject to change, so it is recommended that you contact your tax authority or seek advice from a qualified tax advisor for up-to-date information on tax responsibilities and tax filing for military personnel.
Use of the benefit. Tax consultation. What is needed:
Certain requirements and procedures may apply to use the exemption from filing tax returns in case of military service in Ukraine. It is known that the Ukrainian legislation specifies certain cases when the FOP can be exempted from such reporting obligations.
However, it is recommended to contact the Tax Service of Ukraine or a qualified tax consultant for accurate information on the procedures and requirements to be met in order to use this benefit. They will be able to provide specific advice and guidance on submitting the necessary documents and procedures.
Where to apply for a benefit:
Individual entrepreneurs in Ukraine can apply to the tax service for benefits and other tax benefits.In order to receive an exemption from filing tax returns in case of military service, the FOP may apply to the local department of the State Tax Service of Ukraine at their place of residence.
In addition, the FOP can also receive advice from a qualified tax consultant or lawyer who has experience in the tax law of Ukraine. They will be able to provide detailed information on the procedures and requirements necessary to obtain the benefit and exemption from tax reporting.
The following documents may be required to receive a tax exemption or other tax benefits for an FOP performing military service in Ukraine:
Applying for a benefit: You need to submit an application to the relevant tax authority, in which personal data, identification code number, information about military service, etc.
Documents proving your military service: This can include copies of your military ID, draft orders, military service certificates, and other documents that prove your military status.
Documents that confirm the status of a sole proprietorship: This can be a certificate of state registration of a sole proprietorship, an extract from the Unified State Register of Individual Entrepreneurs, and other documents that confirm your status as an entrepreneur.
Other documents required by local law: Depending on the specific requirements of local law, additional documents may be required.
It is recommended that you contact your local tax authority or a qualified tax advisor for accurate information on the necessary documents and procedures to obtain the benefit.
After demobilization, when you return to civilian life after military service, some steps can be helpful for your continued successful integration:
Document updates: Check all your documents, such as your passport, identity code, birth certificate and any other documents, to make sure they are current and up-to-date.
Returning to business (if you are a Sole Proprietorship): If you were a sole proprietor before the service, you may need to renew your sole proprietorship status and start a business again.
Find a job or study: If you're thinking of changing your career or learning new skills, you can start looking for jobs or training programs that match your interests and skills.
Getting help (if you need it): If you need help or advice about your health, social services, education or other issues, don't hesitate to reach out to local organizations, veterans associations or government support services.
Family Support: Think about how you can support your family after you return home, especially if they have been waiting for you during your service.
Rest and Recovery: Remember the importance of rest and recovery after military service. Pay attention to your physical and psychological health and find time for rest and recovery.
P.S. tax consultations - online tax advice. Even though adjusting to civilian life can be a challenge, remember that there are resources and support available to you to ensure successful integration and continued development.
