The changes to the Tax Code from December 02, 2010 N 2755-VIÂ have been made by the Law of Ukraine dated May 19, 2011 # 3387-VI regarding returning VAT on consultancy, engineering, engineer, legal (including advocatory), accounting, audit and other similar services of consultancy nature, as well as the services of software development, software supply and testing, data processing and IT consultancy services, including those related to use of computer systems by exclusion of subparagraph 196.1.14 of p. 196.1 art. 196.
It means that VAT is defined to the above mentioned kinds of services depending on the place of providing services. In case the service recipient is registered as a business entity within the customs territory of Ukraine 20% VAT will be applied.
The Law will become effective from July 01, 2011.
Regarding the details of the above mentioned changes, please contact us at ukraine@accace.eu or via telephone number: +38 044 569 3310.
Your accace team.
