The State Tax Service explained whether a Diia.City resident can switch to the simplified taxation system
A legal entity that has lost the status of a Diia.City resident may choose the simplified taxation system and become a payer of the single tax of the third group. This was reported by the State Tax Service of Ukraine.
To do this, the company must meet the following requirements:
- comply with the established income limits,
- not engage in activities prohibited under the simplified system;
- fulfill other conditions stipulated by the Tax Code of Ukraine.
The State Tax Service reminded that a Diia.City resident is a legal entity that has obtained the corresponding status and is entered in the Diia.City registry. Information about the date of acquisition and loss of status is reflected in a special state register.
After obtaining such status, the legal entity is obliged to switch from the simplified system to the general one. This transition takes place from the first day of the month following the quarter in which the company received the status of a Diia.City resident.
"At the same time, after losing this status, the legislation allows returning to the simplified taxation system. One of the grounds for losing the status of a Diia.City resident is the submission of an appropriate application by the company," the tax service added.
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