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Filing an annual tax return for an individual entrepreneur
Annual tax return of an individual entrepreneur: features of filing in 2025
Individual entrepreneurs (hereinafter referred to as individual entrepreneurs), like any other business entities, are subject to increased control by the State Tax Service of Ukraine. They must submit annual tax reports on income, which contain information, including on their payment of taxes - on profit (under the general system), UCI and personal income tax for employees, as well as military duty.
Individual entrepreneurs submit an annual declaration based on the results of the reporting year if they: were on the general taxation system during the year or only registered as an individual entrepreneur in the reporting year and chose the general taxation system; registered as an individual entrepreneur and switched to the simplified taxation system, during the reporting year switched from the simplified system to the general system. However, there are cases when an individual entrepreneur may not submit an annual tax return by law - when there was no income from entrepreneurial activity (except for the exceptions provided for in the Tax Code of Ukraine).
The form of the declaration for individual entrepreneurs is approved by Order of the Ministry of Finance No. 859, currently in force (form - F0100214). An individual entrepreneur has the opportunity to submit it in one of the following ways: in person or through an authorized person to the tax office; by sending a letter of recommendation (with a notification of delivery and a description of the attachment) to the post office of the State Tax Service; in electronic form through the taxpayer's electronic account (if there is an electronic digital signature).

The structure of the annual tax return of an individual entrepreneur requires the mandatory provision of the following information:
- income from entrepreneurial activity (must be calculated based on the primary accounting declaration);
- calculation of the single social contribution and personal income tax for each officially employed person, military service;
- calculation of the minimum tax liability (for owners or users of agricultural land plots).
- income from activities abroad, disposal of real estate, etc.
Correctly completing the declaration will help avoid fines and tax risks. If you need professional advice on the procedure for filling out and submitting individual entrepreneur reports, contact our outsourced accountants.
Deadlines for submitting an annual tax return for an individual entrepreneur
Individual entrepreneurs submit a declaration of property status and income for the calendar year, which is the base tax period for self-employed persons. In particular, according to clause 49.18.4 of the Tax Code of Ukraine (hereinafter referred to as the TCU), the declaration must be submitted by May 1 of the year following the reporting year. Compliance with this deadline is mandatory for the correct fulfillment of tax obligations.
Liability for untimely submission of an annual tax return for an individual entrepreneur
If a taxpayer (in our case, an individual entrepreneur) does not submit or submits an annual declaration of property status and income outside the deadline provided for by law, he faces a fine: UAH 340 - for the first case of failure to submit or untimely fulfillment of obligations; UAH 1,020 - if during the next reporting year the taxpayer commits the same violation again.
Accounting services of the Law Firm “Prikhodko & Partners” in filing the annual tax return of an individual entrepreneur
The Law Firm “Prikhodko & Partners” provides professional accounting services for individual entrepreneurs.
Our specialists provide comprehensive support that will take into account the specific situation of each client and their needs. Individual entrepreneurs will be able to receive from our specialists (at their discretion):
- accounting advice on up-to-date information on changes in tax legislation that relate to the specifics of submitting tax reports, advice on filling out relevant documentation from their own practice;
- preparation and submission of tax reports using the form in force in accordance with the Order of the Ministry of Finance and changes made to the Tax Code of Ukraine, making corrections to the already prepared declaration (to avoid unwanted errors and comments from the tax service);
- accounting support for business, which includes keeping records of income and expenses, controlling financial transactions, maintaining personnel documentation and preparing the necessary tax reporting for individual entrepreneurs (including the annual tax declaration on property status and income).
So, individual entrepreneurs in 2025 must submit an annual income declaration for the reporting year 2024. The main sections of such a declaration should contain information on income from entrepreneurial activity (including from work abroad), calculation of income tax, SSC, personal income tax, military levy. Assistance from accountants of the Law Firm “Prikhodko & Partners” (in the form of consultations, one-time preparation of reports or full accounting support) will be useful for both beginners and experienced entrepreneurs.
Cooperation with our accountants will help you ensure timely submission of tax reports and avoid fines. To find out the price of accounting support, fill out the form below.
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