Ukraine’s President Volodymyr Zelenskyy signed Law No. 11084 enacting the “White Business Club”. This legislation amends the Tax Code of Ukraine and introduces several tax incentives and benefits for taxpayers exhibiting a strong commitment to voluntary compliance with tax laws.

The “White Business Club” will be accessible to responsible entrepreneurs who meet “simple and transparent criteria for paying taxes above the industry average and paying higher than industry average wages,” as explained by Yaroslav Zheleznyak, Deputy Chairman of the Tax Committee.

The law establishes a list of taxpayers who demonstrate a high level of voluntary compliance with tax legislation, which gives them access to various advantages in tax administration during martial law.

This taxpayer list will encompass both legal entities and individual entrepreneurs, including residents of ‘Diia.City’, who meet specific criteria associated with tax payments and payroll levels.

The list will be updated every three months and published on the official website of the State Tax Service of Ukraine on the 15th business day after its approval.

Notifications regarding a taxpayer’s inclusion or exclusion from the list will be communicated via the taxpayer’s electronic cabinet.

Taxpayers will benefit from a reduced number of authorised inspections and shortened time frames related to these inspections.

The process for obtaining an Individual Tax Consultation will be expedited via remote communication tools and videoconferencing.

A moratorium on documentary inspections will be in place; however, this moratorium and the associated benefits do not extend to businesses involved in the production and/or sale of excisable products, and those offering financial and payment services.

To be included in the list, taxpayers should not have tax debts exceeding UAH 51,000, must comply with reporting requirements, and not face any sanctions.

Additionally, they should not have any arrears on Unified Social Contributions, be involved in any termination or bankruptcy proceedings, and have no violations in export-import operations or decisions regarding VAT risk criteria.

Furthermore, taxpayers must not hold citizenship from countries engaged in armed aggression against Ukraine.

Other criteria may apply based on the taxation form and Diia.City residency status.