Ukraine's headline corporate income tax (CIT) rate is 18% general; 25% financial institutions (2025+); 50% banks (2026).
The headline personal income tax (PIT) rate is 18.
The standard VAT/GST (or equivalent consumption tax) rate is 20. Registration thresholds, zero-rated and exempt categories, and reduced rates vary by jurisdiction - see the source link below for the full detail on this jurisdiction.
Ukraine applies a cascading residency test, broadly following the OECD Model: an individual is resident if their permanent place of residence is in Ukraine; if they have homes in multiple countries, whichever country holds their center of vital interests (a sufficient but non-exclusive indicator being where their family resides or where they are registered as a business entity); if vital interests can't be determined and they have no permanent home anywhere, presence in Ukraine 183 days or more (including arrival/departure days) in the tax year; and, failing all else, Ukrainian citizenship. Registered freelancers and private entrepreneurs are also treated as Ukrainian tax residents. Residents are taxed on worldwide income; non-residents only on Ukraine-source income. Individuals departing Ukraine permanently must file a departure tax declaration at least 60 days before leaving and settle outstanding tax.
Ukraine's CFC regime took effect January 1, 2022 (first reporting period 2022, with transitional relief from penalties for the 2022-2023 reporting years). A CFC's profits are exempt from Ukrainian tax where either: a tax treaty or information-exchange agreement exists between Ukraine and the CFC's jurisdiction and the CFC pays an effective tax rate of at least 13%, or the CFC's passive income is 50% or less of total income (or specific substance criteria are met); or the aggregated income from all CFCs held by one controlling person doesn't exceed EUR 2 million at period-end.
Ukraine's thin capitalization rule applies once a company's total cross-border debt exceeds 3.5 times its equity; where triggered, interest on that cross-border debt is deductible only up to 30% of taxable profit (before adding back interest and depreciation). Non-deducted interest carries forward but is reduced by 5% annually on the residual carried-forward amount.
Per Ukraine's Ministry of Finance, 70 double tax treaties are currently in force (a figure that has been in flux: agreements with Russia, Belarus, and Syria were cancelled 2022-2023, and the treaty with Iran was terminated effective January 1, 2025). New treaties have been signed with Australia (October 2025) and an updated agreement with Germany (May 2026), both pending domestic ratification procedures before entering into force.