📋 Tender Overview
Today, October 1, the Cabinet of Ministers of Ukraine adopted a resolution, according to which the procedure for commission trading in vehicles is being improved, in particular, regarding the mandatory submission of a document confirming the value of the vehicle for concluding a sales contract.
As of today, the sale of two passenger cars per year is taxed at 5% on the second car, and 18% on the third car per year or more. Sales of the first vehicle during the year are tax-free. The sale of the first truck is 5%, and the second and subsequent ones are 18%.
When a person sells a passenger car (from two or more) or a truck in service centers of the Ministry of Internal Affairs of Ukraine, a mandatory requirement is to provide a certificate of average value or an expert assessment of the value of the vehicle. Thus, taxes are paid in full.
"For example, if a person sells a second passenger vehicle in a year at the service center of the Ministry of Internal Affairs, then with a certificate of average market value, it will be valued at UAH 450,000, and the 5% tax will amount to UAH 22,500. Instead, the trading organization estimates not on the basis of an official document, but "from the words of the seller", for example, 15 thousand UAH, and pays a tax of 750 UAH. Moreover, the price of a premium class car for 15,000 UAH is not an allegory, but a reality. Unfortunately. For example, a 2022 Tesla Model 3 car was recently registered for UAH 10,000. At the same time, the real average market value of such a car is UAH 917,083," explained the Deputy Minister of Internal Affairs of Ukraine Bohdan Drapyaty.
The average market value can be easily checked on the website of the Ministry of Economy of Ukraine.
As of August 2024, there are 3,500 entities operating in Ukraine that carry out wholesale and retail trade in vehicles. In 2023, 470,000 cars were sold through trade organizations.
The implementation of the act is predicted to increase revenues to the state budget of Ukraine and establish a fair approach to the implementation of economic activities related to the sale of vehicles.
