Main points
- For an activity to be considered entrepreneurial and require registration as a sole proprietorship, it must be systematic, that is, occur at least three times a year.
- Entrepreneurial activity without opening a sole proprietorship is punishable by a fine of 17,000 to 34,000 hryvnias.
What should be the earnings to open a sole proprietorship / Photo Shutterstock
Systematic activity is the main reason for opening a sole proprietorship in Ukraine. This characteristic is key to determining whether a person needs to register as an individual entrepreneur.
How much do you need to earn to open a sole proprietorship?
For an activity to be considered entrepreneurial, it must meet clear legal criteria, writes 7eminar.
This should be an independent, proactive and systematic activity carried out with the aim of making a profit,
– emphasized in the material.
Particular attention should be paid to the sign of systematicity. It is this parameter that determines the need to register an individual entrepreneur.
The tax service considers an activity systematic if it is carried out at least three times within one calendar year.
However, you don't need to become an entrepreneur if you only do business once or twice a year, according to the Taxer website.
Please note! It is impossible to conduct business without state registration – this is subject to administrative liability. This is a fine of 17,000 to 34,000 hryvnias.
What else should individual entrepreneurs know in 2026?
- Some individual entrepreneurs may not pay the single social contribution in 2026. Individual entrepreneurs for whom the single social contribution is paid by the employer, pensioners and persons with disabilities, military personnel (mobilized, contract workers and military personnel who do not have employees), individual entrepreneurs from occupied territories, and entrepreneurs who were in Russian captivity may not pay this tax.
- At the same time, traveling abroad and closing a sole proprietorship does not exempt Ukrainians from tax audits. The Tax Service of Ukraine independently decides whether there are grounds for conducting an audit in connection with the closure of a sole proprietorship.