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Taxes
Tax Changes That Will Affect Businesses in 2026
Overview of key changes to the Tax Code: what is changing for sole proprietors (ФОП), LLCs (ТОВ), and VAT (ПДВ) payers, and how to prepare in advance.
8 min read
What's Changing
Starting in 2026, a series of changes will come into effect that directly impact medium-sized businesses. Minimum tax liabilities (мінімальні податкові зобов’язання) will increase, the registration procedure for VAT payers will be revised, and requirements for documentary proof of transactions will be strengthened.
Who Will Be Most Affected
- Group 3 individual entrepreneurs (FOPs) with a turnover exceeding UAH 5 million
- LLCs with foreign economic transactions
- Companies that work with marketplaces
What to Do Now
- Conduct an audit of your current accounting policy.
- Review contracts with counterparties for compliance with the new requirements.
- Include the additional tax burden in your 2026 budget.
- Coordinate a transition plan with your accounting department.
Conclusion
The changes are not catastrophic, but they do require discipline. Businesses that prepare in advance will not only avoid penalties but will also achieve a more transparent financial model.
