Corporate Tax in Ukraine

Overview by
Tax Base For Resident and Foreign Companies
Foreign companies in the Ukraine are taxed on the same basis as Ukranian companies.

Tax Rate

Corporate income tax 25%
Surtax on proceeds from advertising services rendered by nonresidents in Ukraine 20%
Tax Rate For Foreign Companies
Foreign companies are taxed on all their revenue from Ukrainian sources, and on their profits obtained from a permanent representation in Ukraine.
Capital Gains Taxation
Capital gains are treated as ordinary income and taxed at the standard corporate tax rate of 25%.
Main Allowable Deductions and Tax Credit
Most expenses incurred relative to the activities of the company are deductible for tax purposes. However, some expenses such as contract penalties are not deductible.
Other Corporate Taxes
- Tax on pollution (variable rate);
- Tax on royalties, and rents relative to natural resources (variable rate);
- Property tax (variable rate).

Country Comparison For Corporate Taxation

  Ukraine Eastern Europe & Central Asia United States Germany
Number of Payments of Taxes per Year 135.0 41.7 11.0 16.0
Time Taken For Administrative Formalities (Hours) 657.0 313.9 187.0 215.0
Total Share of Taxes (% of Profit) 55.5 41.2 46.8 48.2

Source: Doing Business

Note: *The Greater the Index, the More Transparent the Conditions of Transactions. **The Greater the Index, the More the Manager is Personally Responsible. *** The Greater the Index, the Easier it Will Be For Shareholders to Take Legal Action. **** The Greater the Index, the Higher the Level of Investor Protection.

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