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VAT electronic administration


 

Implementation of VAT electronic administration has to performed from the 1st of January, 2015. The basis for it are amendments  to the Tax Code of Ukraine by the Law of Ukraine from July,31,2014 #1621-VII ‘About amending the Tax Code of Ukraine and some other legislative acts of Ukraine’, respecting the amendments from October,7,2014, #1690-VII ‘About amending the Tax Code of Ukraine in order to improve investment activity taxing’ (later – the Law #1621).

 

The law requires all VAT payers, starting from January,1, 2015, issue tax invoices and calculation-adjustments  electronically only. They should be registered in the single register of tax invoices and send electronically to counterparties.

 

Accounting firm ‘OTIS’ is ready to provide ‘VAT electronic accounting’ services separately or as a part of complex accounting services.