Publication date: 04.07.2024
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Individual entrepreneur
A natural person-entrepreneur is a citizen of Ukraine, a foreigner or a stateless person who is registered in accordance with the law as an entrepreneur and carries out business activities on his own behalf. In Ukraine, natural persons-entrepreneurs can choose different taxation systems, including the simplified taxation system.
To register a Natural Person-entrepreneur, it is necessary to submit an application to the state registrar at the Center for the provision of administrative services, or through electronic services.
Documents:
Passport of a citizen of Ukraine or other identity document.
Registration number of the taxpayer's account card (identification code).
During registration or after it, the entrepreneur can choose a simplified taxation system or remain on the general taxation system.
An individual entrepreneur is one of the most popular forms of business activity in Ukraine due to ease of registration and flexibility in choosing a taxation system.
Reporting of an individual entrepreneur in Ukraine includes several main types of reports that must be submitted depending on the taxation system. Here are the main ones:
Simplified tax system
The tax declaration of a single tax payer is submitted:
1 group - once a year (until March 1);
2nd group - once a year (until March 1);
Group 3 - once per quarter (up to 40 days after the end of the quarter).
The report on the EUV (unified social contribution) - once a year (by February 10 of the year following the reporting year).
General system of taxation
The tax declaration on assets and income is submitted once a year (by May 1 of the year following the reporting year).
The report on the EUV (unified social contribution) - once a year (by February 10 of the year following the reporting year).
Other reports
Report on the use of PRO/PRRO (registrars of settlement operations / software PRO) - if such devices are available, monthly.
Reporting on employees (form No. 1-DF) - quarterly.
Reports can be submitted in several ways:
- personally or through a proxy in the tax inspectorate;
- by mail (with a notice of delivery and a description of the attachment);
- electronically through the taxpayer's electronic cabinet or other certified programs.
Submission of a tax declaration of an individual entrepreneur, the third group
Individual entrepreneurs of group 3 are entrepreneurs who pay a single tax and have the right to conduct activities with an income limit of up per year. They pay 5% income tax if they are VAT payers and 3% if they are not VAT payers. This allows entrepreneurs to simplify the procedure for keeping tax records.
Here are the step-by-step instructions for submitting a tax declaration of an individual entrepreneur of the third group on the single tax for Ikvartal:
Check availability of necessary data and documents
Statements from bank accounts.
Documents confirming the received income. Consider all types of income for the reporting period. Make sure your EDS key has not expired and is valid for signing electronic documents.Make sure your single tax payer status is up to date.
In your electronic cabinet, find the declaration form F0103308, which is intended for individual entrepreneurs of the third group on the single tax. Enter the necessary data in the appropriate fields of the declaration. Enter the amount of income received for the corresponding quarter in the appropriate line. Use your EDS key to sign the completed declaration. Send the signed declaration through the electronic cabinet. Make sure that you have received a second receipt, which confirms the acceptance of the declaration by the tax service. This is an official confirmation of the successful submission of the declaration.
These steps will help you successfully file your tax return for the quarter in question. If you have any questions or difficulties, you can always turn to a tax lawyer for help.
Entrepreneurs of the third group who pay 5% of the single tax by the 10th of the month following the corresponding quarter.
Payment of the Unified Social Contribution due to martial law is paid voluntarily once a quarter and within 50 days after the end of the quarter or within 10 days after the deadline for submitting a tax return.
Legal assistance of a tax lawyer for
of a natural person-entrepreneur of the 3rd group in Ukraine
Tax planning
A tax lawyer helps in the analysis of financial activities and the selection of optimal strategies to minimize tax liabilities in accordance with current legislation.
Consultations on the possibilities of using tax holidays and other benefits available to FOP group 3.
Completing and submitting tax returns
A tax lawyer can provide services for filling out and submitting tax returns, including VAT reports, which is important for entrepreneurs who pay this tax.
Consultations on VAT issues
Providing advice on VAT accounting, avoidance of double taxation and optimal use of tax credits.
Representation of interests in tax authorities
Protection of the rights and interests of the entrepreneur during audits by tax authorities, appeals against illegal decisions and representation in tax disputes.
Consultations on issues of labor legislation
Assistance in resolving issues related to hiring employees, concluding employment contracts and their taxation.
The importance of tax advice
Tax consulting is critically important for group 3 entrepreneurs, as it allows:
1. Effectively manage tax risks.
2. Optimize the tax burden.
3. Ensure compliance with tax legislation, which reduces the risk of fines and penalties.
Conclusion
A tax lawyer plays a key role in maintaining the stability and business development of individual entrepreneurs of the 3rd group in Ukraine. It not only helps in the development of tax minimization strategies, but also protects the business from possible legal problems with the tax authorities. Hiring a tax lawyer is an investment in safe and profitable business.
