New Taxes and Rule Changes for Ukrainian Entrepreneurs Starting June 2026

Key Updates for Business Owners in Ukraine from June 2026

According to ХВИЛЯ: Starting June 2026, significant changes will take effect for entrepreneurs in Ukraine. A revised classification of economic activities (KVED), aligned with the NACE 2.1 standard, is set to become active on January 1, 2027. Attorney Bohdan Yankiv noted that

“there is no need to change KVED codes just yet, as the new codes are not technically operational. Only a correspondence table is available.”

A full mapping of old codes to new ones has already been published.

Critical Deadlines and Tax Obligations

Entrepreneurs should be aware of several important deadlines:

• Sole proprietors (FOPs) in Groups 1 and 2 must pay their single tax and military levy by June 22. This deadline was moved because June 20 falls on a Saturday.
• The unified social contribution (USC) payment can be made by July 20.
• Group 3 entrepreneurs are exempt from tax payments and reporting in June, but the deadline to apply for a change in tax group is June 15. The new group will take effect on July 1.

On May 28, the Verkhovna Rada ratified a memorandum with the EU for a €90 billion loan. Under this agreement, Ukraine commits to introducing several new tax measures, including taxing parcels valued up to €150, requiring marketplaces to report seller income, and enacting laws to combat business fragmentation. There will also be an increase in the single tax for Group 3 FOPs. Additionally, the introduction of value-added tax (VAT) for FOPs on the simplified tax system has been confirmed.

In preparation for these changes, the tax service has ramped up the distribution of information requests. Companies are flagged as high-risk if payments to FOPs exceed UAH 4 million or account for more than 5% of total supply volumes. Attorney Yankiv commented on this, stating:

“If you weren’t filing 4DF reports-which you are not required to-you likely wouldn’t have received such a request.”

Furthermore, the Ministry of Finance and the tax service have launched a campaign targeting bloggers to promote tax compliance and FOP registration. However, Yankiv speculated that “based on the situation, reservation for FOPs will not be introduced.” This means entrepreneurs have an opportunity to prepare for upcoming legislative changes and adjust their business operations accordingly.

These reforms, especially the updated KVED codes and new tax rules, could substantially impact how businesses operate in Ukraine. Adapting to these new requirements may push entrepreneurs to rethink their business models. Moreover, the EU memorandum ratification and access to credit resources highlight Ukraine’s commitment to economic reform and deeper integration into the European economic framework.

As these new tax regulations unfold, understanding the broader context of Ukraine's financial commitments is crucial. Recently, the Ukrainian Parliament approved a significant €90 billion loan from the EU linked to tax reforms. This agreement not only aims to stabilize the economy but also sets the stage for the upcoming changes that entrepreneurs must navigate in the coming years.