Obtaining the VAT payer certificates

Obtaining of VAT payer certificate is still a topical issue both for newly established and for existing companies. It should be taken into account that the Tax Code provides for voluntary registration procedure along with the mandatory one. Registration as a VAT payer allows for lower business expense owing to formation of VAT credit paid with value of goods and services. However, as provided with the Ukrainian reality, if a tax credit does not cover liabilities rising in connection with delivery of goods and services, VAT payer status may only bring another complication to uneasy work of Ukrainian businessmen. Therefore, it is reasonable to take such actions only after good estimation of all pros and cons of VAT payer status.

Even after amendments to the Tax Code intended to simplify obtaining VAT payer certificate for all business entities, still there are lots of pitfalls in practice which prevent from achieving the desired effect.

Specialists of ‘KD CONSULTING’ legal & consulting firm provide consultancy on obtaining VAT payer certificate by natural persons-entrepreneurs and legal entities, assist in preparation of required documents, and represent the customer’s interests to tax authorities for guaranteed receipt of VAT payer certificate.