According to the State Tax Service, these advance contributions must be paid for each currency exchange outlet. The amount to be paid in hryvnias is based on the official exchange rate set by the National Bank of Ukraine (NBU) on the first day of the first month of the calendar quarter in which the advance contribution is made.
New Rates from January 2025:
Settlements with a Population Over 50,000 (Excluding Kyiv):
- €600 equivalent per currency exchange point, calculated at the NBU exchange rate on the first day of the calendar quarter in which payment is due.
City of Kyiv:
- €700 equivalent per currency exchange point, calculated at the applicable NBU exchange rate.
Other Settlements and Areas Outside Settlements:
- €200 equivalent per currency exchange point, calculated at the applicable NBU exchange rate.
Additional Details:
- The population figures are determined according to the statistical data on Ukraine’s current population, as posted on the official website of the authorized central executive body for statistics, as of January 1 of the preceding year.
- The mechanism for paying these advance contributions for corporate income taxpayers involved in cash foreign currency trading remains unchanged, aside from the shift to fixed euro-based amounts.
