The registration number of the taxpayer’s registration card (formerly the individual tax number) is a digital code required by each taxpayer for registration with the fiscal authorities. Throughout life, the tax ID does not change (except in cases related to religious beliefs).
After the death of the taxpayer, the registration number loses its relevance and cannot be assigned to anyone else. The data associated with the number is stored in the archive for 75 years.
Why do you need a registration number of the taxpayer’s account card?
On the one hand, the tax code facilitates the activities of the fiscal service, on the other hand, it is useful to the citizens themselves. In addition to the tax system, the tax code accompanies a person in many areas of activity, which include social, economic and labor relations. For example, it speeds up decisions on various social benefits.
Theoretically, you can not apply to the tax office to register yourself as a taxpayer, but without the tax code you will not be able to buy a home, get a loan or any benefits, including payments, whether state aid, salary or pension.
The tax code you will definitely need in the following cases:
– when hiring, as your new employer will transfer to the budget, in addition to their taxes, also taxes for you;
– if you are a private entrepreneur, it is according to the tax code that the tax identifies your payments;
– when opening bank accounts or applying for a loan, as the bank must pay taxes related to your transactions;
– when buying / selling expensive property (real estate, car, etc.);
– in any other financial transactions that involve the payment of taxes;
– when making social benefits.
How to obtain Ukraine tax identification number (or in other words the taxpayer ID, the taxpayer identification code)?
Legal rules of obtaining taxpayer code in Ukraine are prescribed by the Law of Ukraine “On State Register of Individual Payers of Taxes and Other Mandatory Payments.”
What are required documents to obtain the taxpayer code?
– copies of the passport or its equal document
– its translation into the Ukrainian language and attestation by notary
– attested by notary power of attorney for legal representation your interests by lawyer
Processing time of obtaining the taxpayer code is up to seven working days.
